IMF
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In meeting with IMF chief, PM Shehbaz discuses new loan agreement
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[ad_1] On the sidelines of the World Economic Forum Special Meeting in Riyadh, Prime Minister Shehbaz Sharif on Sunday discussed new loan agreement with International Monetary Fund (IMF) Managing Director Kristalina Georgieva. In his first meeting with the IMF chief since his re-election, PM Shehbaz reiterated his government’s commitment to put Pakistan’s economy back on…
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IMF executive board to approve Pakistan’s $1.1 billion tranche next week
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[ad_1] IMF headquarters in Washington, US. — AFP/File The International Monetary Fund’s (IMF) executive board will hold its meeting on April 29 to review the approval of $1.1 billion funding for Pakistan under the $3 billion Stand-By Arrangement (SBA), Reuters news agency quoted the global lender as saying on Wednesday. Pakistan and the IMF reached…
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IMF board to finalise $1.1b disbursement on Monday | The Express Tribune
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[ad_1] KARACHI: The executive board of the International Monetary Fund (IMF) will meet on April 29 to discuss the approval of $1.1 billion funding for Pakistan, the fund said on Wednesday. The funding is the second and last tranche of a $3 billion standby arrangement with the IMF, which was secured last summer to avert…
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Finance minister confident of enjoying larger, longer IMF programme | The Express Tribune
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[ad_1] Finance Minister Muhammad Aurangzeb expressed confidence in securing a fresh and bigger IMF loan, and highlighted the positive shifts in macroeconomic factors, aiming to bolster the country’s struggling economy. In an interview with The National, published on Monday, the FM noted stabilization in the currency and anticipated a decrease in inflation to single digits…
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Aurangzeb optimistic about larger bailout program from IMF | The Express Tribune
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[ad_1] ISLAMABAD: Federal Minister for Finance and Revenue Muhammad Aurangzeb on Saturday expressed the expectation of larger bailout programme from the International Monetary Fund (IMF) and considered improving the revenue distribution between the provinces and the Center. Speaking to a group of journalists and think-tanks in Washington, the minister said, if the loan is approved,…
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Pakistan ‘looking forward’ to continued Chinese support ahead of new IMF deal
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[ad_1] Finance Minister Muhammad Aurangzeb with his Chinese counterpart Lan Fo’an during their meeting in Washington on April 19, 2024. — X/@Financegovpk WASHINGTON: Finance Minister Muhammad Aurangzeb has asked for “continued support” from China, as Pakistan formally applies for a new programme with the International Monetary Fund (IMF), a statement by the finance ministry stated on…
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FinMin Aurangzeb fills in PM Shehbaz on state of economy ahead of IMF talks
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[ad_1] Finance Minister Muhammad Aurangzeb (left) meets Prime Minister Shehbaz Sharif on April 12, 2024. — APP Finance Minister Muhammad Aurangzeb on Friday met Prime Minister Shehbaz Sharif and briefed him about his scheduled meetings with the officials of the International Monetary Fund (IMF), World Bank (WB), and other institutions during his upcoming visit to…
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Pakistan in talks with IMF for potential follow-up bailout package, says Georgieva
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[ad_1] IMF Managing Director Kristalina Georgieva speaking at the International Monetary Fund headquarters on October 8, 2019, in Washington, DC. — AFP International Monetary Fund (IMF) chief Kristalina Georgieva has confirmed that Pakistan is seeking a potential fresh bailout package following the completion of the $3 billion Stand-By Arrangement (SBA) that is set to expire…
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PSX tops 70,000 points driven by Saudi $5bn pledge, IMF hopes
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[ad_1] A person can be seen in the Pakistan Stock Exchange (PSX) in this undated photo. —AFP/FIle KARACHI: The Pakistan Stock Exchange (PSX) breached the key psychological barrier of 70,000 points to hit another all-time high, driven by Saudi Arabia’s renewed pledge to rush its $5 billion investment package and International Monetary Fund deal hopes,…
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Minister denies IMF opposes subsidies | The Express Tribune
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[ad_1] KARACHI: Finance Minister Muhammad Aurangzeb on Friday claimed that it was misconstrued that the International Monetary Fund (IMF) opposed subsidies whereas it wanted the targeted ones to be increased. “The fact is that the IMF is against untargeted subsidies. It actually wants the targeted subsidies to be enhanced,” he told the media during his…
