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Tag: International Monetary Fund (IMF)

Pakistan
  • Web Desk
  • Apr 21, 2024
Pakistani ambassador notes positive shift in global perception of Pakistan

The ambassador expressed his optimism regarding the recent positive perception towards Pakistan, in particular Pakistan’s relations with the World Bank and IMF.

IMF Pakistan
Latest
  • Web Desk
  • Apr 20, 2024
IMF report unveils Pakistan’s economic trajectory amidst fiscal struggles

The country has been heavily borrowing from international banks to meet domestic payment obligations. This has resulted in reduced credit availability for the private sector.

The IMF's latest
Business Pakistan
  • Web Desk
  • Apr 17, 2024
New IMF report offers glimmer of hope for inflation-stricken Pakistan

The report predicts Pakistan’s unemployment rate decreasing to 7.9 per cent this year and stabilise at 7.4 per cent next year.

COP29
Pakistan
  • Web Desk
  • Apr 17, 2024
Finance Minister’s engagements in Washington aim to boost Pakistan’s economy

He held a meeting with Asian Development Bank President Masatsugu Isawa on Monday, where discussions focused on further enhancing Pakistan’s partnership with the financial organisation.

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.

economic outlook
Business Pakistan
  • Web Desk
  • Apr 11, 2024
Pakistan’s economic outlook uncertain, risks identified: ADB Report

Inflation is projected to hover around 25 per cent in 2024, driven by higher energy costs, with a potential easing anticipated in 2025 due to improvements in food supplies and moderation of inflation expectations.

Finance Minister, Muhammad Aurangzeb, admitted that several issues still remained regarding Pakistan’s adherence to agreements with the International Monetary Fund (IMF).
Business
  • Web Desk
  • Apr 09, 2024
Inflation will gradually reduce, says finance minister

Finance Minister Muhammad Aurangzeb is set to embark on a crucial trip to Washington on April 14, where he will initiate discussions regarding the status of Pakistan’s IMF program.

The International Monetary Fund (IMF) Director of Communications Julie Kozek on Thursday confirmed that IMF approved a grant of $3 billion for Pakistan under the standby agreement.
Business Pakistan
  • Web Desk
  • Apr 05, 2024
IMF grants Pakistan $3 billion “overall” as part of latest SBA

Kozek confirmed that the Executive Board Meeting between the IMF and Pakistan is slated to be held later this month.

IMF gst
Business Pakistan
  • Web Desk
  • Mar 20, 2024
Pakistan secures final installment of $1.1b SBA with IMF

The government will need to remain steadfast in its commitment to implementing the agreed-upon reforms and maintaining macroeconomic stability to ensure the sustainability of the country’s economic recovery.

IMF new directives for Pakistan
Latest
  • Web Desk
  • Mar 19, 2024
Pakistan assures IMF of non-interference in currency fluctuations

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  • Web Desk
  • 6 Hours ago
England need dramatic turnaround to avoid worst Six Nations run
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