Pakistan Imf Deal
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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, IMF Reach Agreement Over $1.1 Billion Payment: Report
The International Monetary Fund on Wednesday said it had reached a staff level agreement with Pakistan, which if approved by its board, will disburse $1.1 billion for the indebted South Asian economy also saddled with a balance of payment crisis.
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Pakistan Says It Received $1.2 Billion Of $3 Billion IMF Deal
The IMF has transferred USD 1.2 billion to Pakistan, Finance Minister Ishaq Dar said on Thursday, a day after the global lender approved a USD 3 billion bailout programme for the cash-strapped country.
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Pakistan Aims To Generate Billions In New Taxes To Help Seal IMF Deal
Pakistan's government aims to generate an additional Pakistani rupees (Rs) 215 billion in taxes and cut spending by Rs 85 billion in the next fiscal year in order to seal International Monetary Fund (IMF) deal, Dawn reported.
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"Treatment Of Cancer With Disprin": Imran Khan On Pakistan's IMF Deal
Former Pakistan Prime Minister Imran Khan has termed the International Monetary Fund (IMF) deal as "treatment of cancer with disprin (aspirin)," Dawn reported.
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Pakistan Finance Minister Says Expect IMF Matters To Be Settled Today: Report
Pakistan's finance minister was quoted on Thursday as saying he expects talks with a visiting International Monetary Fund mission to be settled today.
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"At End Of Road": Pak Stares At Economic Collapse As IMF Officials Visit
Prime Minister Shehbaz Sharif for months held out against the tax rises and subsidy slashing demanded by the International Monetary Fund, fearful of backlash ahead of elections due in October.
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Pak To Impose Taxes Worth Rs 200 Billion To Comply With IMF Terms: Report
Pakistan has prepared two draft ordinances to impose Rs 200 billion in new taxes, days after it accepted International Monetary Fund's (IMF) demands to resume a stalled loan programme, an official said on Saturday, reported Dawn.
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Pakistan, IMF Say Key Progress Made In $6 Billion Bailout Talks
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.
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Pakistan To Get $900 Million IMF Funds Once It Removes Fuel Subsidies: Report
Pakistan and the IMF have worked out the outlines for the release of over $900 million in funds once Pakistan removes its fuel subsidies, says report.
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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
-
Pakistan, IMF Reach Agreement Over $1.1 Billion Payment: Report
The International Monetary Fund on Wednesday said it had reached a staff level agreement with Pakistan, which if approved by its board, will disburse $1.1 billion for the indebted South Asian economy also saddled with a balance of payment crisis.
-
Pakistan Says It Received $1.2 Billion Of $3 Billion IMF Deal
The IMF has transferred USD 1.2 billion to Pakistan, Finance Minister Ishaq Dar said on Thursday, a day after the global lender approved a USD 3 billion bailout programme for the cash-strapped country.
-
Pakistan Aims To Generate Billions In New Taxes To Help Seal IMF Deal
Pakistan's government aims to generate an additional Pakistani rupees (Rs) 215 billion in taxes and cut spending by Rs 85 billion in the next fiscal year in order to seal International Monetary Fund (IMF) deal, Dawn reported.
-
"Treatment Of Cancer With Disprin": Imran Khan On Pakistan's IMF Deal
Former Pakistan Prime Minister Imran Khan has termed the International Monetary Fund (IMF) deal as "treatment of cancer with disprin (aspirin)," Dawn reported.
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Pakistan Finance Minister Says Expect IMF Matters To Be Settled Today: Report
Pakistan's finance minister was quoted on Thursday as saying he expects talks with a visiting International Monetary Fund mission to be settled today.
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"At End Of Road": Pak Stares At Economic Collapse As IMF Officials Visit
Prime Minister Shehbaz Sharif for months held out against the tax rises and subsidy slashing demanded by the International Monetary Fund, fearful of backlash ahead of elections due in October.
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Pak To Impose Taxes Worth Rs 200 Billion To Comply With IMF Terms: Report
Pakistan has prepared two draft ordinances to impose Rs 200 billion in new taxes, days after it accepted International Monetary Fund's (IMF) demands to resume a stalled loan programme, an official said on Saturday, reported Dawn.
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Pakistan, IMF Say Key Progress Made In $6 Billion Bailout Talks
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.
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Pakistan To Get $900 Million IMF Funds Once It Removes Fuel Subsidies: Report
Pakistan and the IMF have worked out the outlines for the release of over $900 million in funds once Pakistan removes its fuel subsidies, says report.
