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Fitch, Moody’s warn of lingering threats despite IMF deal | The Express Tribune
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[ad_1] Fitch Ratings and Moody’s Investors Service on Monday warned of continued threats to Pakistan’s financial sustainability, despite the country receiving a much-needed $3 billion lifeline from the International Monetary Fund (IMF) over the weekend. Pakistan signed a short-duration (nine-month)…
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Stocks rally as Pakistan, IMF strike deal after nine-month delay
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[ad_1] An investor talks on his phone at the Pakistan Stock Exchange. — AFP/File KARACHI: Following Pakistan’s staff-level agreement with the International Monetary Fund (IMF) over the weekend, Pakistan Stock Exchange (PSX) Monday witnessed a bullish trend as the KSE-100…
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IMF deal reviving investor confidence: PM | The Express Tribune
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[ad_1] ISLAMABAD: Prime Minister Shehbaz Sharif congratulated the nation on Monday saying that the confidence of investors and the business community is being restored rapidly, thanks to a major breakthrough in the standby agreement with the International Monetary Fund (IMF). The premier…
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Miftah believes Pakistan ‘back on right track’ with IMF deal
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[ad_1] Former finance minister Miftah Ismail addressing a press conference. — APP/File Following the announcement of a staff-level agreement (SLA) with the International Monetary Fund (IMF) agreement, former finance minister Miftah Ismail on Friday said that the default threat looming…
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‘Positive development’: Experts foresee stability, rupee strengthening post-IMF deal
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[ad_1] Logo of the IMF. — AFP Pakistan on Friday secured the staff-level agreement (SLA) wit the International Monetary Fund (IMF) on a $3 billion stand-by arrangement, that help the country get out of the default situation and put the…
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IMF deal averts Pakistan’s likely default: American expert
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[ad_1] Shipping containers are seen stacked on a ship at a sea port in Karachi, Pakistan, April 6, 2023. — AFP As the International Monetary Fund (IMF) announced that it has reached a staff-level agreement (SLA) with Pakistan, the director of…
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Pakistan, IMF clinch deal on $3 billion ‘stand-by arrangement’
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[ad_1] The International Monetary Fund building in Washington. — AFP/File In a major breakthrough on Friday, the International Monetary Fund (IMF) announced reaching a staff-level agreement (SLA) with Pakistan on $3 billion “stand-by arrangement” (SBA). “I am pleased to announce…
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IMF deal expected in next 24 hours: Dar | The Express Tribune
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[ad_1] Finance Minister Ishaq Dar has said that a staff level agreement for a crucial bailout deal with the International Monetary Fund (IMF) was “very close” and expected in the next 24 hours. Islamabad is racing against time to unlock…
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How much will rupee gain if IMF deal is revived?
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[ad_1] A foreign currency dealer counts US dollars at a shop in Karachi on May 19, 2022. — AFP The government’s moves to meet several demands of the International Monetary Fund (IMF) — through the budget for the fiscal year…
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Pakistan-IMF deal expected ‘soon’
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[ad_1] International Monetary Fund Managing Director Kristalina Georgieva calls on Prime Minister Shehbaz Sharif on September 21, 2022. — APP ISLAMABAD: After months-long wrangling between the International Monetary Fund (IMF) and the government over the tightly-negotiated ninth review of the…
