Tag: international monetary fund
Apprehensions of Pakistan defaulting on debts ‘over now’, says PM Sharif
ISLAMABAD: Apprehensions of a default by Pakistan on debt obligations are “over now”, the country’s Prime Minister Shehbaz Sharif said on Wednesday, adding that a…
Pakistan security forces withdraw from around Imran Khan’s home
LAHORE: Pakistani security forces withdrew from around Imran Khan‘s home on Wednesday, putting a halt to clashes that had erupted after police tried to arrest…
india: Govt taking steps to make India USD 5 trn economy ‘at an early date’: FinMin
The government on Tuesday informed the Rajya Sabha that it is taking steps to make India a USD 5 trillion economy earlier than the International…
IMF treating Pakistan like a ‘colony’: Maryam Nawaz
LAHORE: Pakistan is a ‘hostage’ to the IMF which is treating the cash-strapped country like a ‘colony’, senior leader of PML-N Maryam Nawaz has said…
Pakistan: Pakistan plans to procure Russian crude oil at $50 per barrel
ISLAMABAD: Cash-strapped Pakistan is making concerted efforts to procure Russian crude oil at $50 per barrel, at least $10 per barrel less than the price…
‘Pakistan ‘very close’ to signing IMF staff level agreement’
ISLAMABAD: Pakistan Finance Minister Ishaq Dar said on Thursday his country was “very close” to signing a staff level agreement with the International Monetary Fund,…
Government looks to keep borrowing in check
The Centre is looking to limit the increase in its borrowing below the rise in nominal gross domestic product (GDP) over the medium term to…
Imf: Pakistan has to give assurance on financing balance of payments gap: IMF
KARACHI: Pakistan will be required to give an assurance that its balance of payments deficit is fully financed for the fiscal year ending in June…
Pakistan seeks assurance from Saudi Arabia to unlock IMF deal
ISLAMABAD: Pakistan is seeking confirmation from Saudi Arabia for securing additional deposits of $2 billion and a $950 million loan programme from the World Bank…
Pakistan: Cash-starved Pakistan to receive another $1.3 billion from China
ISLAMABAD: Pakistan will get another $1.3 billion from all-weather ally China to shore up its fast-depleting forex reserves, finance minister Ishaq Dar said on Monday,…