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BAILOUT DAR
US-Pakistan tango: This risky double-game may dent Islamabad’s relations with Beijing, and also cause international humiliationIran's foreign minister refused to meet a US delegation in Pakistan, exposing Islamabad's risky diplomatic tightrope walk. This move, alleg...- In cash-strapped Pakistan, first challenge before the new government is to select the finance ministerPakistan's political impasse may end with a coalition government, but economic worries persist over the finance minister appointment. The P...
- China rolls over $600 mln loan to PakistanThis was in addition to over $5 billion in loans that longtime ally China has rolled over for Pakistan in the last three months, Sharif sai...
- Pakistan receives $1.2 billion first tranche from IMF bailoutHaving been teetering on brink of a sovereign debt default, Pakistan earlier this week also received $1 billion from the United Arab Emirat...
- Saudi Arabia deposits $2 bln in Pakistan central bank account, says Pakistan finance ministerSaudi Arabia deposited $2 billion in the Pakistan central bank, the South Asian nation's finance minister said on Tuesday, in yet another b...
- Pakistan receives $1 billion loan from ChinaIn a major relief to the cash-strapped country, Pakistan received USD 1 billion from China, ARY News reported citing the State Bank of Paki...
- Time is running out for Pakistan to convince IMF to release loanTime is running out for Pakistan to convince the International Monetary Fund to release the remaining USD 2.2 billion from its bailout prog...
- Pakistan targets deficit of 6.54% in fiscal year from JulyThe deficit target for the fiscal year ending this month had been revised higher, from a previous projection of 4.9%. The budget needs to s...
- IMF's staff-level agreement with Pakistan looks dicey: ReportAmidst very high inflation and extremely low forex reserves, the International Monetary Fund (IMF) bailout plan for Pakistan looks dicey, u...
- IMF deal well on track, assures Pakistan Finance Minister Ishaq DarThe funds are part of a USD 6.5 billion bailout package the IMF approved in 2019, which analysts say is critical if Pakistan is to avoid de...
- Pakistan finance minister cancels US trip due to political crisisPakistan is in danger of defaulting on its debt, with an International Monetary Fund bailout programme stalled since November, while a brui...
- China rolls over $2 bln loan to Pakistan as it struggles with external liquidityIn its monthly Economic Update and Outlook, the Finance Division of the government noted that Pakistan was currently confronted with shorta...
- IMF denies tying bailout to compromise on Pakistan's nuclear capability: ReportThe funds are part of a USD 6.5 billion bailout package the IMF approved in 2019, which analysts say is critical if Pakistan is to avoid de...
- China approves $700 million loan to Pakistan: Finance Minister Ishaq DarThe credit facility, extended through the state-owned China Development Bank, comes as Pakistan is thrashing out a deal with the Internatio...
- Pakistan to impose taxes worth Rs 170 billion for IMF's $7 bn bailoutPakistan is seeking a USD 7 billion bailout package from the IMF to prevent the collapse of the economy. While the visiting IMF delegation ...
- Finance Minister Dar says Allah responsible for Pakistan's prosperity, developmentThe finance minister said, "they are trying their best to improve Pakistan's condition under Prime Minister Shehbaz Sharif's leadership".
- Pakistan banks on Saudi Arabia to avoid defaultTwice in the past three months, Dar had said that Saudi Arabia would give $3 billion cash -- the second bailout in the past one year. It is...
- Pakistan appoints new finance minister amid economic crisisIshaq Dar, a senior figure in the Pakistan Muslim League party, has been finance minister three times. His challenges will be to convince t...
- Former Pakistan FM Ishaq Dar advises govt to renegotiate IMF bailout packageThe PML-N leader Ishaq Dar claimed that Pakistan had lost Rs 4 trillion by free-floating of the dollar by the PTI government. The IMF agree...
- PML-N leaders Iqbal, Asif in race to become Pakistan's Foreign MinisterPML-N leaders Ahsan Iqbal and Khwaja Asif are in the race for the post of Foreign Minister following the party's resounding victory.
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