IMF
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Inflation rises to 48-year high as IMF visits | The Express Tribune
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[ad_1] KARACHI: Inflation has risen to a 48-year high in crisis-hit Pakistan, where the International Monetary Fund is visiting for urgent talks, according to data released on Wednesday by the statistics bureau. Year-on-year inflation in January 2023 was recorded at 27.55 percent, the highest since May 1975, with thousands of containers of imports held up at…
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Inflation rises to 48-year high as IMF visits | The Express Tribune
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[ad_1] KARACHI: Inflation has risen to a 48-year high in crisis-hit Pakistan, where the International Monetary Fund is visiting for urgent talks, according to data released on Wednesday by the statistics bureau. Year-on-year inflation in January 2023 was recorded at 27.55 percent, the highest since May 1975, with thousands of containers of imports held up at…
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IMF seeks political consensus for revival of $6.5b bailout | The Express Tribune
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[ad_1] ISLAMABAD: The International Monetary Fund (IMF) on Tuesday expressed concerns that the opposition might create hurdles in the way of implementing tough economic decisions, urging the government to meet all the “requirements” for the completion of the much-delayed programme review. Nathan Porter, the visiting mission chief of the IMF, raised the question about the…
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BD secures $4.7b from IMF as Pakistan, Sri Lanka see delays | The Express Tribune
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[ad_1] The International Monetary Fund (IMF) has approved loans of $4.7 billion to Bangladesh for disbursal starting immediately, making it the first to secure such funds out of three South Asian countries that applied last year amid economic trouble. The loans are a win for Prime Minister Sheikh Hasina ahead of a general election early…
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IMF approves $4.7bn Bangladesh support package
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[ad_1] An undated image of the general view of the International Monetary Fund headquarters in Washington. — AFP DHAKA: The International Monetary Fund (IMF) has signed off on a $4.7 billion support loan package for Bangladesh to help it cope with soaring energy and food costs that have sparked huge protests. Bangladesh and other South Asian…
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IMF instructs Pakistan to ‘strictly’ adhere to financial discipline
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[ad_1] Minister for Finance and Revenue Senator Ishaq Dar holds a meeting with the International Monetary Fund review mission led by Nathan Porter at Finance Division on January 31, 2023. — Twitter/@FinMinistryPak ISLAMABAD: The International Monetary Fund (IMF) Tuesday stressed on “strict adherence” to financial discipline in its talks with Pakistan as the two sides…
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IMF team due in Pakistan soon to discuss 9th review
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[ad_1] The International Monetary Fund’s (IMF) logo. — AFP/File ISLAMABAD: The International Monetary Fund (IMF) will be sending a delegation to Pakistan by the end of this month to discuss the stalled 9th Extended Fund Facility review, an official said. Islamabad is dealing with a severe economic crunch as the foreign exchange reserves are at…
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Dar’s bid to run economy sans IMF damaged Pakistan: Miftah
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[ad_1] Former finance minister Miftah Ismai and his successor Ishaq Dar. — AFP/Screengrab/BBC/File Pakistan Muslim League-Nawaz (PML-N) leader Miftah Ismail on Thursday took a jibe at his successor, Finance Minister Ishaq Dar, saying that the finmin spoke against him in public and questioned his ability. “I don’t know why Mr Dar was brought back but…
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IMF team to visit Pakistan from Jan 31 | The Express Tribune
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[ad_1] An International Monetary Fund mission will visit Pakistan later this month to discuss the stalled ninth review of the country’s current funding programme, the lender’s resident representative said on Thursday. “At the request of the authorities, an in-person Fund mission is scheduled to visit Islamabad January 31st – February 9th to continue the discussions…
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No escape from IMF, says Tarin | The Express Tribune
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[ad_1] LAHORE: PTI Senator and former finance minister Shaukat Tarin has said that they were making an emergency economic programme to get the country out of the current economic crisis, adding that his party would also have to approach the IMF and take tough decisions if they come to power in the next general elections.…
