Imf Bailout Pakistan

The International Monetary Fund (IMF) has concluded its first round of "tough talks" with Pakistan and said that Fund will share nine tables with the Pakistani authorities which will pave way for holding policy-level talks next week.

Pakistan's Prime Minister Shehbaz Sharif said Friday that the government would have to agree to IMF bailout conditions that are "beyond imagination".

Cash-strapped Pakistan on Tuesday held a first round of talks with the International Monetary Fund (IMF) in a bid to unlock stalled funds from a $7 billion bailout to ward off economic meltdown.

Pakistan's moves to loosen its grip on the currency and increase fuel prices indicate that the beleaguered nation is finally taking the unpopular decisions needed to secure the $6.5 billion bailout program from the IMF.

Pakistan Prime Minister Shehbaz Sharif on Friday expressed hope for an early agreement with the IMF to unlock the much-needed foreign loans, a day after the global lender announced its plan to send a staff mission to the cash-strapped nation.

Pakistan has sought support from Washington to unlock a stalled International Monetary Fund programme that would release $1.1 billion to its strained economy as the country rebuilds after last year's devastating floods, Dawn newspaper said.

Cash-strapped Pakistan has urged the US to use diplomatic influence to convince the IMF to show a lenient attitude towards Islamabad, amid tough conditions conveyed by the global lender to revive its fund programme, a media report said on Thursday.

Pakistan took a sigh of relief as the IMF on Monday approved the revival of its Extended Fund Facility (EFF) programme after which the cash-strapped country will receive the 7th and 8th tranche of USD 1.17 billion.

Pakistan on Thursday lifted the ban on the import of non-essential and luxury items to meet a condition of the IMF ahead of the global lender's meeting later this month to decide on a bailout package for the cash-strapped nation.

The International Monetary Fund (IMF) convened a meeting of its executive board on August 29 to approve a bailout package for cash-starved Pakistan, including disbursement of about USD 1.18 billion, before the close of the current month, a media report said on Saturday.

Days after seeking US help in securing an early release of a crucial USD 1.7 billion instalment from the IMF to Pakistan, Army chief General Qamar Javed Bajwa has now reached out to Saudi Arabia and the UAE as part of his efforts to ensure financial

Pakistan's Interior Minister Rana Sanaullah on Sunday said that the International Monetary Fund (IMF) had not released the tranche for the USD 6 billion bailout package under its extended fund facility.

Key progress has been made in talks on the revival of Pakistan's International Monetary Fund bailout programme, both sides said on Wednesday, with Islamabad expecting the lender to increase the size and duration of the 39-month, $6 billion facility.

The US has agreed to help cash-strapped Pakistan negotiate a deal with the IMF for the revival of the country's economic bailout programme with the global lender, a media report.

Pakistan has sought the support of the United States for the revival of the International Monetary Fund programme. Pakistan government's economic team met with US Ambassador Donald Blome in Islamabad to seek US's support and acknowledgement.

The International Monetary Fund (IMF) has concluded its first round of "tough talks" with Pakistan and said that Fund will share nine tables with the Pakistani authorities which will pave way for holding policy-level talks next week.

Pakistan's Prime Minister Shehbaz Sharif said Friday that the government would have to agree to IMF bailout conditions that are "beyond imagination".

Cash-strapped Pakistan on Tuesday held a first round of talks with the International Monetary Fund (IMF) in a bid to unlock stalled funds from a $7 billion bailout to ward off economic meltdown.

Pakistan's moves to loosen its grip on the currency and increase fuel prices indicate that the beleaguered nation is finally taking the unpopular decisions needed to secure the $6.5 billion bailout program from the IMF.

Pakistan Prime Minister Shehbaz Sharif on Friday expressed hope for an early agreement with the IMF to unlock the much-needed foreign loans, a day after the global lender announced its plan to send a staff mission to the cash-strapped nation.

Pakistan has sought support from Washington to unlock a stalled International Monetary Fund programme that would release $1.1 billion to its strained economy as the country rebuilds after last year's devastating floods, Dawn newspaper said.

Cash-strapped Pakistan has urged the US to use diplomatic influence to convince the IMF to show a lenient attitude towards Islamabad, amid tough conditions conveyed by the global lender to revive its fund programme, a media report said on Thursday.

Pakistan took a sigh of relief as the IMF on Monday approved the revival of its Extended Fund Facility (EFF) programme after which the cash-strapped country will receive the 7th and 8th tranche of USD 1.17 billion.

Pakistan on Thursday lifted the ban on the import of non-essential and luxury items to meet a condition of the IMF ahead of the global lender's meeting later this month to decide on a bailout package for the cash-strapped nation.

The International Monetary Fund (IMF) convened a meeting of its executive board on August 29 to approve a bailout package for cash-starved Pakistan, including disbursement of about USD 1.18 billion, before the close of the current month, a media report said on Saturday.

Days after seeking US help in securing an early release of a crucial USD 1.7 billion instalment from the IMF to Pakistan, Army chief General Qamar Javed Bajwa has now reached out to Saudi Arabia and the UAE as part of his efforts to ensure financial

Pakistan's Interior Minister Rana Sanaullah on Sunday said that the International Monetary Fund (IMF) had not released the tranche for the USD 6 billion bailout package under its extended fund facility.

Key progress has been made in talks on the revival of Pakistan's International Monetary Fund bailout programme, both sides said on Wednesday, with Islamabad expecting the lender to increase the size and duration of the 39-month, $6 billion facility.

The US has agreed to help cash-strapped Pakistan negotiate a deal with the IMF for the revival of the country's economic bailout programme with the global lender, a media report.

Pakistan has sought the support of the United States for the revival of the International Monetary Fund programme. Pakistan government's economic team met with US Ambassador Donald Blome in Islamabad to seek US's support and acknowledgement.