International Monetary Fund
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Business
Government Announces Electricity Tariff Cuts Amid Talks with IMF
Federal Minister for Energy, Awais Leghari, announced significant progress in reducing electricity rates, with ongoing discussions with the International Monetary…
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Business
Economic Indicators Improving, Corruption Must Be Curbed: Khawaja Asif
Defense Minister Khawaja Muhammad Asif stated that Pakistan would not need the International Monetary Fund (IMF) if half the country’s…
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Business
Experts Suggest Alternative Path to Resolve Pakistan’s Debt Crisis
KARACHI: Pakistan’s crippling debt crisis has sparked intense debate among experts. While some advocate default and restructuring, others back the…
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Business
IMF Warns of Dangers in Pakistan’s Sovereign-Bank Nexus
ISLAMABAD: The International Monetary Fund (IMF) has raised concerns over the deeply entrenched nexus between Pakistan’s government, the central bank,…
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Business
IMF Approves $7 Billion Bailout for Pakistan with Tough Reforms
ISLAMABAD: The International Monetary Fund (IMF) approved a $7 billion bailout package for Pakistan on Wednesday. This came after Pakistan…
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Business
Pakistani Rupee Strengthens Slightly Against US Dollar
KARACHI – The Pakistani rupee appreciated by 0.03% against the US dollar in the inter-bank market on Friday, closing at…
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Business
IMF to Approve Loan Program for Pakistan This Month
The International Monetary Fund (IMF) is expected to approve a new loan program for Pakistan during its Executive Board meeting…
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Business
PM Shehbaz Sharif Vows to Implement IMF Conditions
Prime Minister Shehbaz Sharif announced that his government is committed to implementing the International Monetary Fund’s (IMF) conditions to complete…
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Business
Pakistan Absent from IMF Agenda, Govt Still Optimistic
The International Monetary Fund (IMF) has released its Executive Board meeting schedule up to September 4, 2024, with Pakistan, despite…
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Business
Pakistan to receive loan from IMF to retire debts in FY22
Islamabad: In the coming fiscal year, the government intends to borrow roughly $16 billion in gross foreign loans to cover…
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