Pakistan
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We welcome IMF programme to support Pakistan: Blinken
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[ad_1] US Secretary of State Antony Blinken at a press conference at Ramstein Air Base in Germany on September 8, 2021. — AFP/File US Secretary of State Antony Blinken on Thursday urged the Pakistan government to continue working with the International…
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Gold rates see major increase in Pakistan
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[ad_1] A man stands behind a gold shop window in Istanbul. — AFP/File KARACHI: The rates of gold in Pakistan increased by Rs4,000 on Thursday in line with developments in the international market. The price of gold (24 carats) gained Rs4,000…
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IMF board green-lights $3 billion SBA for Pakistan
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[ad_1] The seal for the International Monetary Fund is seen in Washington, D.C., Jan. 10, 2022. — AFP The International Monetary Fund (IMF) Executive Board on Wednesday approved a staff-level agreement reached with Pakistan on a short-term stand-by deal. “Today,…
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Pakistan receives $1bn from UAE after IMF deal: Dar
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[ad_1] Finance Minister Ishaq Dar is addressing the media in this still taken from a video on July 12, Wednesday. — YouTube/GeoNews Pakistan has received $1 billion from the United Arab Emirates (UAE) days after clinching deal with the International…
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Gold price in Pakistan gains Rs1,800 per tola
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[ad_1] The picture shows a piece of gold in a hand. — AFP/File KARACHI: For the second day, the prices of gold made minor gains despite the depreciation in the internal market on Thursday. The gold price (24 carats) increased…
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PM Shehbaz says Pakistan to fulfil commitments made to IMF
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[ad_1] Prime Minister Shehbaz Sharif addressing a ceremony in Islamabad, on July 5, 2023, in this still taken from a video. — YouTube/PTVNewsLive Pakistan will fulfill commitments made to the International Monetary Fund (IMF) to secure a short-term financing deal,…
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Stocks rally as Pakistan, IMF strike deal after nine-month delay
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[ad_1] An investor talks on his phone at the Pakistan Stock Exchange. — AFP/File KARACHI: Following Pakistan’s staff-level agreement with the International Monetary Fund (IMF) over the weekend, Pakistan Stock Exchange (PSX) Monday witnessed a bullish trend as the KSE-100…
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Pakistan set to become 4th biggest IMF debtor | The Express Tribune
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[ad_1] KARACHI: Pakistan will become the fourth largest International Monetary Fund (IMF) borrower in the world after receiving additional loans of $3 billion in the next nine months under the standby arrangement from the global lender. According to the lender’s…
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Miftah believes Pakistan ‘back on right track’ with IMF deal
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[ad_1] Former finance minister Miftah Ismail addressing a press conference. — APP/File Following the announcement of a staff-level agreement (SLA) with the International Monetary Fund (IMF) agreement, former finance minister Miftah Ismail on Friday said that the default threat looming…
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Pakistan, IMF clinch deal on $3 billion ‘stand-by arrangement’
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[ad_1] The International Monetary Fund building in Washington. — AFP/File In a major breakthrough on Friday, the International Monetary Fund (IMF) announced reaching a staff-level agreement (SLA) with Pakistan on $3 billion “stand-by arrangement” (SBA). “I am pleased to announce…
