Pakistan’s IMF engagement: A perpetual cycle of bailouts and lessons unlearned
Cash-strapped Pakistan has officially approached the International Monetary Fund (IMF) for another bailout package ranging between $6 billion and $8 billion, with the possibility of augmentation through climate financing.
Pakistani leader Ahsan Iqbal slams Imran Khan for sending letter to IMF over national polls
Pakistan Muslim League-Nawaz (PML-N) leader Ahsan Iqbal has slammed former PM Imran Khan for writing a letter to the International Monetary Fund (IMF) over the issue of auditing general polls.
IMF allows disbursement of 700 mln USD to economic-crisis-hit Pakistan
The Executive Board of the International Monetary Fund (IMF) completed the first review of Pakistan's economic reform program supported by the IMF's Stand-By Arrangement (SBA), allowing for an immediate disbursement of about 700 million U.S. dollars, the IMF said Thursday.
IMF issue: Gas tariff for protected consumers in Pakistan may increase by 100pc from January
With the gas system facing a Rs100 billion deficit on their account, senior officials have said authorities are working on a staggered increase for ‘protected residential consumers’ across the country from January 2024.
IMF expects Pakistan’s debt to be around Rs82tr by end of ongoing financial year
The International Monetary Fund (IMF) estimates that Pakistan’s rising debt might soon reach Rs82 trillion at the end of the ongoing financial year which will end on June 30, 2024, media reports said.
Pakistan Minister feels country's exit from IMF loans not anytime soon
The Pakistani government has said the country will need more IMF loan programmes for some time as the country's economy remains fragile.
IMF approves $3 billion bailout package for Pakistan
Islamabad: The board of the International Monetary Fund (IMF) has approved a $3 billion bailout package for Pakistan, Reuters reported.
IMF's $3 billion bailout package approved by Sri Lanka
Colombo/IBNS: Sri Lanka's Parliament gave the green light to a USD 3 billion bailout package from the IMF, aimed at revitalizing the country's economy that has been severely affected by a disastrous economic and humanitarian crisis resulting from a combination of poor management over the years and the ongoing pandemic on Friday.
Sri Lanka's financial crisis: India, US, Japan secure USD 2.286 bn IMF bailout
Colombo: After a protracted battle by India, the United States and Japan to get China to agree to restructure its massive loan of USD 7 bn to Sri Lanka, the International Monetary Fund (IMF) has finally approved a USD 2.286 billion bailout for financially-hit Sri Lanka.
IMF to approve USD 2.9-bln bailout package for Sri Lanka: Central bank governor
Colombo: Sri Lankan central bank governor Nandalal Weerasinghe told media on Sunday that the country's "dollar crisis" is over, as the International Monetary Fund (IMF) is set to approve a 2.9 billion U.S. dollar bailout package for the country on Monday.
US willing to cooperate with Pak over IMF deal: US Ambassador to Pakistan
Islamabad: US Ambassador to Pakistan Donald Blome wished for a deal between Pakistan and the International Monetary Fund (IMF) assuring Washington's willingness to support the country in its efforts to resume a stalled $6.5 billion bailout programme.
Pakistan fails to pursue IMF to release $1.1 billion of bailout package ; talks to continue
Islamabad: In a big blow to cash-strapped Pakistan, the talks with IMF, to access the stalled $1.1 billion of a bail-out package, failed to make headway on Saturday, Reuters reported.
Economic Crisis: Despite all efforts, Pakistan fails to woo IMF
Islamabad: Pakistan and the International Monetary Fund (IMF) failed to reach a staff-level agreement after 10 days of "tough" parleys aimed at unlocking critical funds needed for the cash-strapped nation.
IMF lays 'tough conditions' to release $1.1 billion to cash-strapped Pakistan
Islamabad: The International Monetary Fund (IMF) has laid a string of “tough conditions” to bail Pakistan out of its spiralling financial crisis, Prime Minister Shehbaz Sharif said, media reported.
US Representative leads bill to support Taiwan’s participation in IMF
Washington: As first reported in POLITICO, U.S. Representative Young Kim (CA-40), who serves on the House Financial Services Committee and House Foreign Affairs Committee, recently introduced the Taiwan Non-Discrimination Act (H.R. 540) with Rep. Al Green (TX-09) to support Taiwan’s participation in the International Monetary Fund (IMF).