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Tag: bailout package

IMF Pakistan agriculture pricing
Business
  • Web Desk
  • Sep 05, 2024
IMF wants Pakistan to end price controls on key agricultural products

The International Monetary Fund (IMF) has placed a significant condition on Pakistan, prohibiting the federal and provincial governments from setting support prices for agricultural products such as wheat, sugarcane, and cotton.

FATA tax exemptions
Pakistan
  • Web Desk
  • Jun 09, 2024
Pakistan, IMF disagreement continues over tax exemptions on FATA

The policy aimed at encouraging local industry to set up mobile packaging units has failed, as not a single unit has been installed, according to the sources.

Pakistan
Business Pakistan
  • Reuters
  • Apr 16, 2024
‘Pakistan hopes to secure new IMF loan as quickly as possible’

Pakistan and the IMF last month reached a staff-level agreement on the second and last review of its current $3 billion stand-by arrangement which, if cleared by the global lender’s board, will release about $1.1 billion to the struggling South Asian nation.

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