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IMF PROGRAM PAKISTAN
Pakistan, ‘strangled’ by economic strain, steps up Iran peace pushPakistan's economy is struggling due to the US-Israel war on Iran. Rising fuel costs and rolling blackouts are devastating businesses. Cons...
Hopes rise for Iran war deal despite nuclear sticking pointsOptimism is rising that the Iran war could be nearing a resolution after mediation efforts—led in part by Asim Munir—made progress on key i...
Pakistan says all options on table for funding, weighs strategic fuel reservePakistan is exploring various financing options, including Eurobonds and commercial debt, to replace a $3.5 billion UAE facility and bolste...
IMF, Pakistan reach staff-level agreement on $1.2 billion disbursementInternational Monetary Fund and Pakistan have reached a staff-level agreement on a loan programme, paving the way for about $1.2 billion in...
IMF approves Pakistan loan review, clears $1.2 billion in new disbursementsThe International Monetary Fund has approved Pakistan's loan review. This unlocks 1.2 billion dollars for the nation. Pakistan receives fre...
Pakistan gets IMF loan of $1 billion as India abstains from votingThe IMF approved Pakistan's economic reform program, releasing $1 billion immediately. India abstained from voting, citing concerns but avo...
JK CM Omar Abdullah slams IMF's decision of reimbursing Pakistan, says money being used for devastating placesOmar Abdullah criticized IMF's decision to fund Pakistan. He claimed the funds support actions against Jammu and Kashmir. India opposed fun...
India abstains from voting on Pakistan’s bailout package at IMF meetingIndia abstained from the IMF's lending program for Pakistan, raising concerns about Pakistan's history of unsuccessful IMF programs and pot...
Pakistan will face 'transitional pain,' says Finance minister as IMF approves $7 billion loanPakistan's Finance Minister Muhammad Aurangzeb has warned of 'transitional pain' following a $7 billion loan agreement with the IMF. The go...
IMF reaches agreement with Pakistan for $7 billion extended fund facilityThe International Monetary Fund announced on Friday that it has reached a staff-level agreement with Pakistan for a $7 billion, 37-month lo...
IMF asks Pakistan to 'impose' tax on monthly pensions, says 'new bailout programme' will require reformsThe International Monetary Fund (IMF) has requested Pakistan to impose a tax on monthly pensions exceeding Rs 100,000 as part of a new bail...
IMF approves final USD 1.1 bn tranche for Pakistan's bailout packageThis latest funding marks the third and final installment of a USD 3 billion standby arrangement with the IMF, crucial for Pakistan to stav...
IMF board approves $700 million disbursement for PakistanThe IMF's executive board approved an immediate disbursement of around $700 million for Pakistan Thursday. The funds were unlocked after th...
Pakistan establishment focus on protecting N-prog even as economy in a free-fallSpecifically, the financial institution has demanded that Pakistan provide assurance that its balance of payments deficit is fully financed...
IMF reaches staff-level agreement to release $1.17 bln in funds for PakistanIn a statement, the IMF said its staff had reached agreement on policies under a review of its Extended Fund Facility (EFF) program that co...
IMF agrees to resume Pakistan loan program, to distribute $1.2 bn in August: ReportBloomberg, quoting officials, claimed that a $1.2 billion disbursement is expected in August after IMF management gives its final approval....
Cash-strapped Pakistan, IMF agree to extend stalled bailout package, increase loan size to $8bnThe Pakistan Tehreek-e-Insaf government and the IMF had signed a 39-month Extended Fund Facility (July 2019 to September 2022) with a total...