Pakistan IMF Bailout

ISLAMABAD: Pakistan and the IMF reached a staff-level agreement for the release of a $700 million second tranche of an ongoing $3 billion bailout package, the global lender said on Wednesday, in a major relief to the cash-strapped…

ISLAMABAD: Cash-strapped Pakistanhas received a rollover of an additional $600 million loan from its all-weather ally China to help shore up the country's foreign exchange reserves on the back of an IMF deal, prime minister Shehbaz Sharif…

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…

ISLAMABAD: Cash-strapped Pakistanhas requested its all-weather ally China to fast-track the refinancing of maturing commercial loans of $1.3 billion and apprised it of the diminishing prospects of revival of the IMF loan programme, a media…

The International Monetary Fund said Pakistan has a few more tasks before it can unlock a $6.5 billion loan to avoid a default, putting pressure on the government to secure assurances from countries that have promised financing support.…

ISLAMABAD: Cash-strapped Pakistan must take steps to ensure that its high earners pay taxes and only the poor get the subsidies if it wants to function as a country, the International Monetary Fund has said, amid looming fears of a…

Last Updated: February 19, 2023, 09:06 ISTPakistan’s defence minister Khawaja Asif said the government was begging the IMF for the 23rd time in 75 years, adding that Pakistan’s debt has increased by 23% in just one year. (File Photo)…

ISLAMABAD (Pakistan): Former Pakistan prime minister Imran Khan has termed the International Monetary Fund (IMF) deal as "treatment of cancer with disprin (aspirin)," Dawn reported.He said that the IMF agreement will only provide temporary…

In a development that may worsen the already dire straits of the Pakistani economy, the country's bid for a bailout package from the International Monetary Fund (IMF) has hit a snag.The international body has asked for more time for…

<!-- -->Talks will resume virtually. (Representational)Karachi, Pakistan: Pakistan and the International Monetary Fund are to resume talks online next week they said on Friday, after ten days of face-to-face discussions in Islamabad…