IMF
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Aurangzeb upbeat on IMF board’s nod for $7bn loan programme tomorrow
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Federal Finance Minister Senator Muhammad Aurangzeb addressingn a press conference. โ APP/File Federal Finance Minister Senator Muhammad Aurangzeb expressed confidence on Tuesday that the International Monetary Fund (IMF) Board will sanction the $7 billion, 37-month loan deal, for Pakistan during…
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Stocks rally past 82,000 mark as investors bet on IMF deal approval
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A man uses a mobile phone as he takes a photo of the electronic board displaying share prices during a trading session at the Pakistan Stock Exchange, on November 28, 2023. โ Reuters Stocks hit a record high on Friday,…
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IMF board to review Pakistan loan programme on Sept 25
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This file photo taken on January 26, 2022, shows the seal for the International Monetary Fund (IMF) in Washington, DC. โ AFP The International Monetary Fund (IMF) has finally included Pakistan on its Executive Board agenda scheduled for September 25,…
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IMF board to review Pakistanโs $7b loan on September 25 after key conditions met | The Express Tribune
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ISLAMABAD: The International Monetary Fund (IMF) has confirmed that its Executive Board will meet on September 25 to discuss the approval of Pakistanโs $7 billion Extended Fund Facility (EFF). The loan is crucial for stabilising Pakistanโs economy, which has been…
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IMF pressure halts new EPZ plan | The Express Tribune
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ISLAMABAD: The government on Wednesday withdrew a proposal to establish a new Export Processing Zone (EPZ) in Balochistan, complying with a condition set by the International Monetary Fund (IMF), highlighting the global lender’s growing influence over the country’s economic decision-making….
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IMF names new country head | The Express Tribune
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ISLAMABAD: The International Monetary Fund has appointed Mahir Binici as the new country head for Pakistan, while the government intensifies efforts to secure the $7 billion loan approval by the last week of September. All this is taking place amid…
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IMF yet to include Pakistan’s $7b EFF on Executive Board agenda | The Express Tribune
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The International Monetary Fund (IMF) has not yet added Pakistanโs new 37-month Extended Fund Facility (EFF) to the agenda for its Executive Board meetings scheduled through September 18, according to the Fundโs official website.ย The upcoming meetings, set for September…
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IMF links bailout package to $12b debt rollover | The Express Tribune
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ISLAMABAD: The International Monetary Fund (IMF) has demanded of the Pakistan government to get $12 billion loan rolled over by next week to secure the bailout package. Besides, the fund has also asked the country to meet the revenue shortfall…
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Not on IMF agenda, but Pakistan hopes to secure bailout | The Express Tribune
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ISLAMABAD: Finance Minister Muhammad Aurangzeb said on Tuesday that the government was at the “advanced stages” of getting assurances about external financing but he again did not give a firm timeframe to conclude the pending $7 billion deal with the…
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Pakistan ‘striving’ to meet IMF terms amid resistance to tax reforms
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Finance Minister Muhammad Aurangzeb calls on Prime Minister Muhammad Shehbaz Sharif in Islamabad. โ Online/File Hoping that Pakistan will no longer have to rely on the lender of last resort for external funding in the future, Prime Minister Shehbaz Sharif…