Tag: imf
Pakistan: Pakistan rupee drops to record low as import restrictions ease
KARACHI, Pakistan, – Pakistan‘s rupee fell to a record low in the interbank market on Tuesday due to an easing in import restrictions that has…
Explained: What lies ahead for Pakistan as it heads to polls
Pakistan‘s caretaker government under interim Prime Minister Anwaar-ul-Haq Kakar will oversee a general election after the dissolution of the lower house of parliament. The election…
China agrees to reschedule USD 2 billion debt of Pakistan
ISLAMABAD: China has agreed to reschedule over USD 2 billion debt of Pakistan for a period of two years, providing a major relief to the…
Pakistan: New USD 3 billion loan programme to help Pakistan’s efforts in stabilising its ailing economy: IMF
ISLAMABAD: The IMF has said that the recently approved USD 3 billion loan programme will provide much-needed relief for Pakistan as it would anchor the…
Pakistan receives $1.2 billion from IMF: Finance minister Dar
ISLAMABAD: The IMF has transferred $1.2 billion to Pakistan, Finance Minister Ishaq Dar said on Thursday, a day after the global lender approved a $3…
Pak gets final IMF approval for $3bn bailout
ISLAMABAD: In a relief to cash-strapped Pakistan, the IMF on Wednesday gave a final nod to a much-awaited $3 billion bailout programme for the country…
Pakistan secures final IMF approval for $3 billion bailout
ISLAMABAD: The International Monetary Fund’s board approved a $3 billion bailout programme for Pakistan on Wednesday, the lender said, which will immediately disburse about $1.2…
Pakistan gets $1 billion boost from UAE ahead of key IMF decision
ISLAMABAD: Pakistan‘s state bank coffers were further boosted Wednesday by a $1 billion deposit from the United Arab Emirates, officials said, ahead of a key…
USD 2 Billion: Pakistan receives $2 billion from Saudi Arabia
ISLAMABAD: Saudi Arabia has deposited$2 billion in thePakistan central bankdays after Islamabad reached a staff-level agreement with the International Monetary Fund (IMF) on a $3…
Cash-strapped Pakistan receives $2 billion from Saudi Arabia: Finance minister Dar
ISLAMABAD: Pakistan has received deposits of $2 billion from Saudi Arabia, Finance Minister Ishaq Dar said on Tuesday, ahead of a key meeting of the…