IMF
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Pakistan’s debt sustainable, says IMF
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[ad_1] The International Monetary Fund’s (IMF) Managing Director, Kristalina Georgieva. Twitter Pakistan’s debt remains sustainable, the International Monetary Fund’s (IMF) Managing Director, Kristalina Georgieva said Friday as the nation faces one of its worst economic turmoils. The IMF statement comes after the Pakistani government announced it had met all requirements vital to receiving a critical…
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IMF says will reach staff-level agreement with Pakistan ‘soon’
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[ad_1] A woman walks past a building of the International Monetary Fund. — AFP/File ISLAMABAD: As Pakistan faces one of its worst economic turmoils in recent history, the International Monetary Fund (IMF) Wednesday expressed confidence in reaching a staff-level agreement (SLA) soon with the nation as the government struggles to avoid a possible default. IMF Director…
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IMF deal: UAE likely to commit financial support to Pakistan this week
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[ad_1] An undated image of stacks of US dollars placed on a table. — AFP/File ISLAMABAD: The United Arab Emirates (UAE) is likely to commit $1 billion this week in financing to help Pakistan meet one of the final conditions for an International Monetary Fund (IMF) deal that Islamabad needs to avert a default, Geo…
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IMF cuts Pakistan’s growth forecast, sees hike in inflation | The Express Tribune
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[ad_1] ISLAMABAD: The International Monetary Fund (IMF) has reduced the economic growth forecast of Pakistan to 0.5% as well as steeply increased inflation projections far above 20% for two years — underscoring that the people’s hardships would not end soon and interest rates might remain at their highest levels. The IMF’s World Economic Outlook report…
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Finance secretary to attend WB, IMF spring meetings | The Express Tribune
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[ad_1] ISLAMABAD: A high-level Pakistani delegation led by Finance Secretary Hamed Yaqoob Sheikh has arrived in Washington to attend the World Bank and the International Monetary Fund’s spring meetings as concerns mount that a combination of sticky high interest rates and lacklustre global growth could push a number of economies that are facing soaring refinancing…
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‘Pakistan not a beggar’: Dar says IMF can’t stop member’s finmin from attending meeting
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[ad_1] Finance Minister Ishaq Dar addresses a press conference via video from Islamabad, on April 8, 2023, in this still taken from a video. — YouTube/PTVNews Finance Minister Ishaq Dar Saturday came out to clarify that Prime Minister Shehbaz Sharif requested him to postpone his US visit, snubbing the buzz that International Monetary Fund (IMF)…
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US to ‘help Pakistan’ unlock IMF deal
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[ad_1] Blome expresses confidence in policies of the government [ad_2] Source link
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Dar to attend IMF, WB meetings in Washington next week | The Express Tribune
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[ad_1] ISLAMABAD: Finance Minister Ishaq Dar is set to visit the United States next week to attend the annual spring meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) that will take place in Washington from April 10 to April 16. According to sources in the Ministry of Finance, Dar accompanied…
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POL relief denied to appease IMF | The Express Tribune
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[ad_1] ISLAMABAD: Instead of providing relief to the people, the federal government has increased the petroleum development levy (PDL) on high-speed diesel (HSD) by Rs5 per litre, pushing it up from Rs45 to Rs50 per litre — fulfilling another condition imposed by the International Monetary Fund (IMF) for the revival of the stalled $6 billion…
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Ishaq Dar hopes for life without IMF as bailout stalled
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[ad_1] Finance minister Ishaq Dar. — AFP/File Irked by the months-long delay in the revival of the International Monetary Fund (IMF) programme, Finance Minister Ishaq Dar on Friday said that Pakistan must end its dependency on the Washington-based lender. The cash-strapped nation has been negotiating with the IMF since late January for the release of…
