IMF and Pakistan

A little more than a week after approving a $3 billion bailout programme for Pakistan, the International Monetary Fund (IMF) has said the country needs another programme and support from other multilateral lenders. Citing that the South…

The International Monetary Fund (IMF) board of directors approved a 9-month Stand-By Arrangement (SBA) for Pakistan on Wednesday for an amount of $3 billion to support the authorities’ economic stabilization program.This arrangement…

Pakistan has managed to clinch a last-minute relief from the International Monetary Fund (IMF) as the two have agreed on an initial $3 billion loan from the global lender. The development lowers the risk of a sovereign debt default as the…

Pakistan's benchmark KSE-100 Index kicked off the week on a high note, gaining a solid 5.8 percent during Monday's trading session. The positive momentum was so strong that trading had to be briefly halted after the index hit its upper…

The International Monetary Fund (IMF) said it was working towards holding a board meeting with Pakistani authorities before a financing programme expires at the end of June. IMF mission chief for Pakistan Nathan Porter made the statement,…

A Reuters report citing an International Monetary Fund (IMF) official, on Friday (March 24) indicated that Pakistan’s recently announced fuel pricing scheme was not discussed with the United States-based agency and the long-awaited loan…

Addressing the ‘PM Youth Loan Scheme for Business and Agriculture’ on Tuesday (January 24), Pakistan’s Prime Minister Shehbaz Sharif said that the government is ready to swallow the bitter pill of the International Monetary Fund’s (IMF)…

Addressing the ‘PM Youth Loan Scheme for Business and Agriculture’ on Tuesday (January 24), Pakistan’s Prime Minister Shehbaz Sharif said that the government is ready to swallow the bitter pill of the International Monetary Fund’s (IMF)…

The Pakistani rupee and stock markets have taken a hit as the government's budget for the next fiscal year 2022-23 failed to gain investors' confidence, on Monday. The local currency surpassed the critical threshold of 204…