As the economic crisis is turning severe, the impact is hurting Pakistan army. The severity has hit the entire military… July 6, 2023 15:58 IST IMF board to meet on July 12 to review Pakistan’s loan agreement The Pakistan government and the International Monetary Fund (IMF) reached a...
Pak Govt Agree to Price hike in Petro, Electricity and Gas Price after IMF talks PM’s Invitation To Imran Khan for APC Imran Khan withdraws nomination papers for NA-193 poll KPK Aur Punjab Ki Hukumatein Khatam Kar Kay PTI Ko Kitna Nuqsan Hua?
Get the latest economic and financial trends of Pakistan. Stay updated on the current affairs and business news related to Pakistani organizations.
” Despite pledging not to seek IMF assistance, Khan changed his mind… and earned himself the nickname of prime minister of U-turns. He also seeks foreign investment to get out of the crisis; so much so, in fact, that Khan, in aninterviewwith Al Jazeera on the issue of Chinese re...
Pakistan’s 24th IMF Loan Will Not Resolve Its Structural Economic Crisis Chaudhry Rasheed - September 26, 2024 The government of Pakistan must be breathing a sigh of relief that the IMF has approved a $7 billion bailout program for 37 months... Search Follow Us on Twitter 35,374Follower...
"A continued tight, proactive and data-driven monetary policy is warranted going forward," the IMF statement said. The ailing Pakistani economy has faced an acute balance of payments crisis with only enough central bank reserves to cover barely a month of controlled imports. The IMF projects it...
But Africa is facing another potential debt crisis today, with around 40 percent of low-income countries in the region now in debt distress or at high risk of it, according to an IMF report released a year ago. “We went through, just in the last 20 years, this big debt forgiven...
Last week, the government secured a final approval from the IMF for a fresh $7 billion loan program, that will bring certainty over financing over the next few years. The nation faces about $26 billion in loan repayments in the fiscal year started July. ...
"China has remained great support for Pakistan and always came to its rescue during the tough economic crisis. Though CPEC, China is building infrastructure in Pakistan to save its economy and to build its infrastructure, some of the money coming in the country is purely an investment, some ...
Pakistan and IMF reach $3bn rescue funding deal Preliminary agreement staves off threat of default but reforms needed to resolve economic crisis, say analysts June 15 2023 IMF criticises Pakistan budget as pressure mounts for bailout package ...