IMF
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IMF seeks taxes on agriculture, real estate
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[ad_1] This file photo taken on January 26, 2022, shows the seal for the International Monetary Fund (IMF) in Washington, DC. — AFP ISLAMABAD: During the ongoing review of a $3 billion short-term loan agreement, the International Monetary Fund (IMF) has pressed Pakistani authorities to impose a tax on agriculture, real estate, and retail sectors,…
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IMF seeks fresh report on state-owned enterprises losses
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[ad_1] A view of the IMF headquarters. — AFP The International Monetary Fund (IMF) has sought from the Finance Ministry a fresh report on losses incurred by state-owned enterprises, sources told Geo News on Monday. According to the sources, the global fund’s mission — currently visiting Pakistan to review the loan tranche — has refused…
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IMF urges Pakistan to strictly implement targets as agreed
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[ad_1] An International Monetary Fund official speaks during an interview with AFP at the IMF headquarters in Washington, DC, on July 26, 2022. — AFP ISLAMABAD: Pakistan has been informed by the International Monetary Fund (IMF) that it needs to meet the targets set with the global lender under the $3 billion Stand By Agreement,…
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Pakistan hopeful of successful IMF review
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[ad_1] Caretaker Prime Minister Anwaar-ul-Haq Kakar talking to the media in Lahore, on October 31, 2023, in this still taken from a video. — YouTube/PTV The caretaker government is hopeful of successfully concluding the upcoming review of the International Monetary Fund (IMF) scheduled next month, interim Prime Minister Anwaar-ul-Haq Kakar said Tuesday. An IMF mission led…
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PSX posts thin gains ahead of IMF review | The Express Tribune
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[ad_1] KARACHI: Pakistan Stock Exchange (PSX) recorded gains of just 0.4% in the outgoing week as investors awaited the International Monetary Fund (IMF) review and monetary policy announcement next week. Investors’ interest was driven by encouraging corporate results, which triggered activity in specific stocks while some results did not meet market expectations, leading to selling…
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IMF delegation to visit Pakistan on Nov 2 for SBA review
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[ad_1] In this file photo taken on April 15, 2020, a sign is seen outside the headquarters of the International Monetary Fund (IMF) in Washington, DC. — AFP A delegation of the International Monetary Fund (IMF) will arrive in Pakistan on November 2 for talks pertaining to the initial assessment of the $3 billion Stand-By…
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Rupee at Rs279/$ as IMF review looms | The Express Tribune
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[ad_1] KARACHI: Ahead of the upcoming International Monetary Fund (IMF) economic review, the Pakistani rupee weakened slightly to close above Rs279 against the US dollar in the interbank market. This depreciation is attributed to the increased demand for foreign currency to cover imports and repay maturing foreign debt. Data from the State Bank of Pakistan…
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IMF needs to change its modus operandi | The Express Tribune
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[ad_1] ISLAMABAD: The International Monetary Fund (IMF) was launched in 1944, tasked by its 44 founding members with “monitoring the international monetary system (IMS) and global economic development to identify risks and recommend policies for growth and financial stability”. Its original purpose was to provide short-term loans to nations that had balance of payments problems…
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SBP governor assures global investors of meeting IMF targets
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[ad_1] SBP Governor Jameel Ahmad addressing a press conference in this undated picture. — AFP/File State Bank of Pakistan (SBP) Governor Jameel Ahmad on Friday informed global investors that Pakistan was “on track” to address the longstanding structural weaknesses, adding that the country is “very comfortably” placed to meet the targets set by the International…
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Israel-Hamas war economic ‘earthquake’ for MIddle East: IMF
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[ad_1] An Israeli army self-propelled howitzer fires rounds near the border with Gaza in southern Israel on Oct. 11, 2023. — AFP The war between Israel and Hamas has darkened the horizon for a world economy that is already experiencing weak growth and is an economic “earthquake” that will have challenging repercussions for the Middle…
