Pakistan Bailout

The International Monetary Fund (IMF) and cash-strapped Pakistan on Tuesday reached an agreement over reforms paving the way for imbursement of $500 million as part of revival of a stalled bailout programme, the finance ministry said.

The International Monetary Fund (IMF) has postponed the second review of its USD 6 billion bailout package for Pakistan scheduled on Friday, citing a delay by the country in implementing the agreed actions, a media report said today.

The International Monetary Fund or IMF has said it has reached an agreement with the Pakistani authorities "on policies and reforms" needed to complete the second review of the USD 6 billion loan approved for the cash-strapped country's fragile economy, a media report said on Friday.

Pakistan's economy is at a "critical juncture" where it needs an ambitious and bold set of reforms, the International Monetary Fund has said, days after the global lender agreed to give a $6 billion bailout package to the cash-strapped country.

The $6 billion loan package for Pakistan approved by the International Monetary Fund last week will require "very ambitious" fiscal measures and sustained commitment for the bailout to succeed, IMF officials said on Monday.

The IMF has approved a three-year USD 6 billion loan for cash-strapped Pakistan with tough conditions to address its balance of payment crisis and help the country's ailing economy return to "sustainable growth".

Amidst reports that the International Monetary Fund or IMF has reached a multi-billion dollar bailout package with cash-strapped Pakistan, the United States is seeking "conditionality" in the new financial aid from the global lender.

Pakistan Prime Minister Imran Khan's government vowed to collect more taxes and make cuts in spending in a closely watched budget presented to parliament Tuesday, weeks after reaching a deal with the IMF for a $6 billion bailout.

Pakistan's Finance Secretary Mohammad Younus Dagha was sacked today, becoming the latest senior official to go amid the cash-strapped Imran Khan government's tough negotiations with the IMF for a bailout package.

Pakistan's Prime Minister Imran Khan on Monday summoned a high-level meeting to discuss the country's $6 billion loan agreement with the International Monetary Fund (IMF) which was finalized following months of negotiations between the two sides.

Pakistan will get $6 billion from the IMF over the next three years to meet its foreign debt obligations, the country's advisor on finance said on state television after an signing the agreement.

A Pakistani economist working for the International Monetary Fund (IMF) has been appointed as the governor of the State Bank of Pakistan (SBP), as the cash-strapped country seeks to finalise a multi-billion dollar bailout package from the global lender.

A delegation of the International Monetary Fund (IMF) arrived in Pakistan today to hold technical discussions for a bailout package to the cash-strapped country, days after Prime Minister Imran Khan met IMF chief Christine Lagarde in China.

Pakistan Prime Minister Imran Khan Friday held separate meetings with International Monetary Fund chief Christine Lagarde and World Bank CEO Kristalina Georgieva and discussed the cash-strapped country's efforts to tide over the financial woes.

The IMF's bailout package to cash-strapped Pakistan could be delayed as the global lender is pressing it to be transparent on the CPEC project and wants a written guarantee from Islamabad that its assistance will not be used to repay the loans to China, a media report said on Monday.

The International Monetary Fund (IMF) and cash-strapped Pakistan on Tuesday reached an agreement over reforms paving the way for imbursement of $500 million as part of revival of a stalled bailout programme, the finance ministry said.

The International Monetary Fund (IMF) has postponed the second review of its USD 6 billion bailout package for Pakistan scheduled on Friday, citing a delay by the country in implementing the agreed actions, a media report said today.

The International Monetary Fund or IMF has said it has reached an agreement with the Pakistani authorities "on policies and reforms" needed to complete the second review of the USD 6 billion loan approved for the cash-strapped country's fragile economy, a media report said on Friday.

Pakistan's economy is at a "critical juncture" where it needs an ambitious and bold set of reforms, the International Monetary Fund has said, days after the global lender agreed to give a $6 billion bailout package to the cash-strapped country.

The $6 billion loan package for Pakistan approved by the International Monetary Fund last week will require "very ambitious" fiscal measures and sustained commitment for the bailout to succeed, IMF officials said on Monday.

The IMF has approved a three-year USD 6 billion loan for cash-strapped Pakistan with tough conditions to address its balance of payment crisis and help the country's ailing economy return to "sustainable growth".

Amidst reports that the International Monetary Fund or IMF has reached a multi-billion dollar bailout package with cash-strapped Pakistan, the United States is seeking "conditionality" in the new financial aid from the global lender.

Pakistan Prime Minister Imran Khan's government vowed to collect more taxes and make cuts in spending in a closely watched budget presented to parliament Tuesday, weeks after reaching a deal with the IMF for a $6 billion bailout.

Pakistan's Finance Secretary Mohammad Younus Dagha was sacked today, becoming the latest senior official to go amid the cash-strapped Imran Khan government's tough negotiations with the IMF for a bailout package.

Pakistan's Prime Minister Imran Khan on Monday summoned a high-level meeting to discuss the country's $6 billion loan agreement with the International Monetary Fund (IMF) which was finalized following months of negotiations between the two sides.

Pakistan will get $6 billion from the IMF over the next three years to meet its foreign debt obligations, the country's advisor on finance said on state television after an signing the agreement.

A Pakistani economist working for the International Monetary Fund (IMF) has been appointed as the governor of the State Bank of Pakistan (SBP), as the cash-strapped country seeks to finalise a multi-billion dollar bailout package from the global lender.

A delegation of the International Monetary Fund (IMF) arrived in Pakistan today to hold technical discussions for a bailout package to the cash-strapped country, days after Prime Minister Imran Khan met IMF chief Christine Lagarde in China.

Pakistan Prime Minister Imran Khan Friday held separate meetings with International Monetary Fund chief Christine Lagarde and World Bank CEO Kristalina Georgieva and discussed the cash-strapped country's efforts to tide over the financial woes.

The IMF's bailout package to cash-strapped Pakistan could be delayed as the global lender is pressing it to be transparent on the CPEC project and wants a written guarantee from Islamabad that its assistance will not be used to repay the loans to China, a media report said on Monday.