International Monetary Fund

ISLAMABAD: The International Monetary Fund (IMF) has reached a staff-level pact with Pakistan on a $3 billion stand-by arrangement, the lender said, a decision long awaited by the South Asian nation which is teetering on the brink of…

The International Monetary Fund (IMF) has reached a staff-level pact with Pakistan on a $3 billion stand-by arrangement, the lender said, a decision long awaited by the South Asian nation which is teetering on the brink of default.The deal,…

Pakistan is desperately looking for the International Monetary Fund to release the next instalment of its bailout loan worth US$1.1 billion, while the duration of the extended loan programme ends on Friday. The IMF had approved Pakistan’s…

LAHORE: Pakistan's finance minister said late on Thursday that a staff level agreement for a crucial bailout deal with the International Monetary Fund was "very close" and expected in the next 24 hours.Islamabad is racing against time to…

Pakistan is in talks with the International Monetary Fund for a new $2.5 billion quick standby assistance as the existing program expires on June 30, the Dawn newspaper reported Wednesday, citing people it didn’t identify.The short-term…

The International Monetary Fund (IMF) is working on a platform for central bank digital currencies (CDBCs) to enable transactions between countries, IMF Managing Director Kristalina Georgieva said on Monday."CBDCs should not be fragmented…

ISLAMABAD: Cash-strapped Pakistan has blamed geopolitics for the International Monetary Fund (IMF)’s reluctance to revive a stalled bailout programme, alleging that global institutions wanted Pakistan to default on its sovereign debt, like…

ISLAMABAD: The International Monetary Fund (IMF) has raised serious objections over Pakistan’s budgetfor 2023-24, lessening chances that the global lender will revive the loan programme that the cash-starved country has been seeking to…

KARACHI: Pakistani Prime Minister Shehbaz Sharif is hopeful of finalising a deal with the International Monetary Fund (IMF) this month, he said in an interview with Turkish news agency Anadolu. The release of pending bailout funds under…

Last Updated: June 02, 2023, 04:11 ISTA cost-of-living crisis and inflation are eating into the lives of Pakistani citizens as the government awaits the release of a suspended IMF bailout package. (Representational image: Reuters)Pakistan,…