All posts tagged "IMF"
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828BusinessPakistan’s Efforts To Restore Its Economy: Its Promise And Risks
Pakistan seemed to be heading toward a disastrous economic disaster in 2023. The IMF had to halt loan payments under a loan agreement...
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3.8KPakistan
IMF deposits $1.2 billion into SBP’s Account, Bolstering Pakistan’s hope for Economic Stability
In a much-needed boost to Pakistan’s economy, the International Monetary Fund (IMF) has injected a substantial sum of $1.2 billion into the...
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3.3KPakistan
UAE Deposits $1 Billion’ Into State Bank of Pakistan’s Account: Dar
Finance Minister Ishaq Dar said in a statement that the United Arab Emirates (UAE) have stepped forward with an incredibly generous gesture,...
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3.5KPakistan
Pakistan’s Fiscal Revisions: Government Unveils Austerity Measures to Secure Delayed IMF Aid
Finance Minister Ishaq Dar announced significant fiscal revisions, approximating Rs300 billion, for the upcoming fiscal year budget. These adjustments, which include a...
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318Business
Pakistan and IMF on Verge of Agreement Following Budget Adjustments and Withdrawal of Import Restrictions
Following intense negotiations, Pakistan and the International Monetary Fund (IMF) have made significant progress toward reconciling their differences. The key breakthrough occurred...
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252Business
Pakistan’s Risk of Sovereign Default Heightens Amid Stalled IMF Program, Warns Moody’s
Moody’s Investors Service expressed heightened concerns on Wednesday over Pakistan’s ability to revive the $6.7 billion IMF program, which is expected to...
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243Business
IMF Intervention in Pakistan’s Internal Affairs Sparks Controversy
Dr Aisha Ghaus Pasha, Minister of State for Finance, has criticized a statement by the International Monetary Fund (IMF) outlining prerequisites for...
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218Business
IMF Demands Pakistan Arrange Fresh Loans Worth $8 Billion to Meet External Debt Repayments
Pakistan’s hopes for a revival of the $6.5 billion bailout package have been further eroded as the International Monetary Fund (IMF) has...
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4.3KPakistan
Pakistan Government Pushes Forward With Petrol Subsidy Scheme Despite IMF Assurances
The Pakistani government’s recent move to provide a relief package for motorcyclists and small vehicle owners has been met with criticism and...
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4.4KBusiness
World Bank Warns Of Further Rise In Pakistan’s Inflation To 29.5% In FY23
Pakistan’s inflation is set to rise to 29.5% in the fiscal year 2023 due to the weaker Rupee, as well as higher...
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318Business
UAE Confirms $1bn Support For Pakistan To IMF, Says Finance Minister Dar
UAE has confirmed its commitment to the International Monetary Fund (IMF) for its bilateral financial support of $1 billion to Pakistan, according...
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350Business
IMF Remains Steadfast On Staff-Level Agreement: Ishaq Dar
Pakistan’s Finance Minister Ishaq Dar has urged the International Monetary Fund (IMF) to show some flexibility and sign the staff-level agreement during...
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1.2KPakistan
IMF Sets Record Straight: No Connection Between Loan Program and Pakistan’s Nuclear Weapons
Pakistan’s economic situation has been fragile for quite some time, with a persistent balance of payments issue and a large current account...
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1.4KPakistan
Pakistan’s default risk has dropped dramatically below 60%
Pakistan’s chances of default on its debt have dwindled in recent sessions, with the cost of ‘insuring’ the country’s sovereign debt falling...
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364Business
Pakistan hopes to acquire $32 billion loan this year
Renowned economic and political experts said that there was no immediate prospect of declaring an economic emergency in Pakistan because the government...
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1.2KPakistan
Pakistan seeks emergency $3b Saudi cash injection
Following a crucial low point in its foreign exchange reserves, Pakistan urged Saudi Arabia on Wednesday for an immediate $3 billion financial...
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474Business
What Happens When A Country Defaults?
A country defaults occur when a country is unable or unwilling to pay the debts on due time. Though country defaults happen...
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1.3KPakistan
Government struggles for $1.18 billion IMF tranche
The International Monetary Fund (IMF) is continuing analyzing Pakistan’s fiscal situation despite the fact that time is running short, particularly in light...
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378International
Europe to be hit hardest in global economic slowdown
The greatest energy crisis since the 1970s will cause a dramatic slowdown, with Europe being hardest hit, the OECD said, adding that...
