Pakistan Imf Crisis
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"Reserves": Pak Minister Contrasts Country's Oil Shock With India's Stability
Pakistan's Petroleum Minister Ali Pervaiz Malik pointed at how India is relatively stable compared to his country because of its strategic oil reserves and adequate forex reserves, which absorbed the impact of the oil disruption due to the blockade i
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Pakistan Hikes Petrol Prices By 43%, Diesel Up By 55% Amid US-Iran War
The US-Israel war on Iran, launched on February 28, has plunged the Middle East into conflict, with Iranian retaliatory strikes hitting targets across the Gulf and virtually freezing shipping in the Strait of Hormuz.
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Pakistan Denied GST Relief On Condoms By IMF Despite Population Boom
The International Monetary Fund (IMF) has declined Pakistan's request to immediately scrap the 18 per cent General Sales Tax (GST) on contraceptives, dealing a blow to the government's push to make birth control more affordable.
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Pakistan To Auction Loss-Making Pakistan International Airlines: Report
The Pakistan government is trying to sell loss-making Pakistan International Airlines (PIA) as envisaged under a $7 billion International Monetary Fund (IMF) programme.
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Cash-Strapped Pak Cuts 150,000 Jobs, Dissolves 6 Ministries As Part Of IMF Deal
In an effort to minimise administrative expenditures, cash-strapped Pakistan on Sunday announced to abolish about 150,000 government posts, close six ministries, and merge two others, as part of reforms agreed upon with the IMF under USD 7 billion lo
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Pakistan Braces For "Transitional Pain" As IMF Approves $7 Billion Loan
Pakistan said Thursday it would have to go through "transitional pain" after the International Monetary Fund agreed to a new relief package of $7 billion to bolster its faltering economy.
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China, Saudi, UAE Agree To Roll Over Pak's $12 Billion Debt For A Year
China, Saudi Arabia and the UAE have agreed to roll over cash-strapped Pakistan's $12 billion debt for one year, as the International Monetary Fund (IMF) is likely to approve its $7 billion bailout package later this month.
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Pakistan Secures $7 Billion Loan Deal With IMF To Boost Faltering Economy
The International Monetary Fund said it reached a new $7 billion loan deal with Pakistan in a bid to bolster its faltering economy.
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Pakistan In Talks With IMF For 24th 'Longer And Larger' Bailout: Report
The International Monetary Fund (IMF) confirmed that the talks with Pakistan are underway on the 24th 'longer and larger' bailout programme under the Extended Fund Facility (EFF), reported ARY News.
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Pakistan Says Conditions For Next $1.2 Billion IMF Loan Tranche Met: Report
Pakistan has met the IMF's benchmarks for maintaining the status quo in the energy sector - in an outcome that may help to get the next loan tranche of USD 1.2 billion, officials said, ahead of the visit of the global lender's review mission to the c
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"Reserves": Pak Minister Contrasts Country's Oil Shock With India's Stability
Pakistan's Petroleum Minister Ali Pervaiz Malik pointed at how India is relatively stable compared to his country because of its strategic oil reserves and adequate forex reserves, which absorbed the impact of the oil disruption due to the blockade i
-
Pakistan Hikes Petrol Prices By 43%, Diesel Up By 55% Amid US-Iran War
The US-Israel war on Iran, launched on February 28, has plunged the Middle East into conflict, with Iranian retaliatory strikes hitting targets across the Gulf and virtually freezing shipping in the Strait of Hormuz.
-
Pakistan Denied GST Relief On Condoms By IMF Despite Population Boom
The International Monetary Fund (IMF) has declined Pakistan's request to immediately scrap the 18 per cent General Sales Tax (GST) on contraceptives, dealing a blow to the government's push to make birth control more affordable.
-
Pakistan To Auction Loss-Making Pakistan International Airlines: Report
The Pakistan government is trying to sell loss-making Pakistan International Airlines (PIA) as envisaged under a $7 billion International Monetary Fund (IMF) programme.
-
Cash-Strapped Pak Cuts 150,000 Jobs, Dissolves 6 Ministries As Part Of IMF Deal
In an effort to minimise administrative expenditures, cash-strapped Pakistan on Sunday announced to abolish about 150,000 government posts, close six ministries, and merge two others, as part of reforms agreed upon with the IMF under USD 7 billion lo
-
Pakistan Braces For "Transitional Pain" As IMF Approves $7 Billion Loan
Pakistan said Thursday it would have to go through "transitional pain" after the International Monetary Fund agreed to a new relief package of $7 billion to bolster its faltering economy.
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China, Saudi, UAE Agree To Roll Over Pak's $12 Billion Debt For A Year
China, Saudi Arabia and the UAE have agreed to roll over cash-strapped Pakistan's $12 billion debt for one year, as the International Monetary Fund (IMF) is likely to approve its $7 billion bailout package later this month.
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Pakistan Secures $7 Billion Loan Deal With IMF To Boost Faltering Economy
The International Monetary Fund said it reached a new $7 billion loan deal with Pakistan in a bid to bolster its faltering economy.
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Pakistan In Talks With IMF For 24th 'Longer And Larger' Bailout: Report
The International Monetary Fund (IMF) confirmed that the talks with Pakistan are underway on the 24th 'longer and larger' bailout programme under the Extended Fund Facility (EFF), reported ARY News.
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Pakistan Says Conditions For Next $1.2 Billion IMF Loan Tranche Met: Report
Pakistan has met the IMF's benchmarks for maintaining the status quo in the energy sector - in an outcome that may help to get the next loan tranche of USD 1.2 billion, officials said, ahead of the visit of the global lender's review mission to the c
