Pakistan just had a close shave. Can it afford to fight India?India-Pakistan: Following the terror attack in Pahalgam, allegedly linked to Pakistani operatives, India has taken strong retaliatory measu...
25 Apr, 2025, 06.17 AM IST
UAE agrees to roll over payment of $2 billion due by PakistanThe United Arab Emirates has agreed to extend the repayment of $2 billion due by Pakistan this month, according to Prime Minister Shehbaz S...
07 Jan, 2025, 03.11 PM IST
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...
13 Jul, 2024, 07.45 AM IST
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...
20 May, 2024, 11.38 AM IST
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...
30 Apr, 2024, 08.31 AM IST
Saudi refuses to give Pakistan interest-free loanPakistan Prime Minister Shehbaz Sharif had said, at a lawyers' convention last year, "Today, when we go to any friendly country or make a p...
22 Mar, 2023, 08.20 AM IST
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...
21 Mar, 2023, 06.40 PM IST
Pakistani rupee's fall slows as hopes rise for IMF moneyHours after the rupee was left to the market forces to decide its worth, the IMF announced that its delegation will be visiting Pakistan fr...
27 Jan, 2023, 04.11 PM IST
Pakistani rupee sees highest 1-day fall in 20 yearsOn Thursday, the Pakistani rupee fell 9.6% against the dollar in the inter-bank market, the biggest one-day drop in over two decades, a day...
27 Jan, 2023, 03.55 PM IST
Pakistani rupee's fall slows as hopes rise for IMF moneyDisbursements from the package were suspended in November, due the lack of progress on fiscal consolidation, hastening Pakistan's slide dee...
27 Jan, 2023, 12.27 PM IST
Pakistan finance minister: IMF board approves release of over $1.1 billion bailout funds"The IMF Board has approved the revival of our EFF program. We should now be getting the 7th & 8th tranche of $1.17 billion," Ismail said o...
29 Aug, 2022, 10.47 PM IST
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...
24 Apr, 2022, 10.33 PM IST
Pakistan stocks cap worst week in 17 years; here’s whyThe South Asian nation is expected to adopt tough measures as part of its deal with the IMF.
17 May, 2019, 06.24 PM IST
US seeks transparency on Chinese debtAccording to the top Treasury official, this problem is not unique to Pakistan. "China is lending in many countries where the terms of the ...
29 Nov, 2018, 10.50 AM IST
Pakistan to seek IMF bailout despite $6 bln Saudi rescue: Pak finance ministryOn Tuesday, Islamabad announced Saudi Arabia had agreed to give Pakistan $3 billion in foreign currency support for a year and a further lo...
24 Oct, 2018, 11.45 AM IST
US to evaluate Pakistan's bailout request on meritThe spokesperson was responding to a question on the request made by Pakistan for a USD 8 bailout package.
12 Oct, 2018, 12.01 AM IST
Cash-strapped Pakistan to approach IMF for bailout packageThe decision was taken by PM Imran Khan who had in the past opposed such measures to support the economy.
09 Oct, 2018, 07.51 AM IST