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Pakistan, IMF deal

Pakistan, IMF reach staff-level agreement for $1.2 billion disbursement

IMF mission chief Iva Petrova said that, subject to approval by the IMF’s executive board, Pakistan would gain access to about $1.0 billion under the Extended Fund Facility and around $210 million under the Resilience and Sustainability Facility..

28 March 2026 2:42 PM IST

Pakistani PM and cabinet ministers voluntarily forgo salaries amid...

20 March 2024 10:32 PM IST

World Bank warns Pakistan as nearly 100 million people fall into poverty

The World Bank's lead country economist for Pakistan emphasised that the country's economic model is no longer effective...

23 Sept 2023 4:54 PM IST

Petrol and Diesel

Pakistan economic crisis: petrol and diesel prices soar past Rs 300 mark

The country's currency is trading at a historic low of 305.6 per US dollar.

1 Sept 2023 12:58 PM IST

IMF offers Pakistan a breathing space, but political instability may spoil possibilities: report

IMF offers Pakistan a breathing space, but political instability may spoil possibilities: report

In last August, a bailout programme of $1.1 billion by IMF was halted after Pakistan failed to meet some conditions

2 July 2023 3:37 PM IST

IMF and Pakistan reach $3 billion stand-by deal to support economic stability

IMF and Pakistan reach $3 billion stand-by deal to support economic stability

The deal, however, still requires approval from the IMF's executive board.

30 Jun 2023 1:02 PM IST

IMF rejects Pakistans claim of meeting loan conditions, says “will continue to work with the government”

IMF rejects Pakistan's claim of meeting loan conditions, says “will continue to work with the government”

The ninth review for the $1.2 billion loan has been delayed for seven months.

6 May 2023 4:55 PM IST

Pak defence minister

Pakistan is bankrupt, IMF is not the solution: defence minister

"Standing on one’s own feet was essential to become a stable country."

19 Feb 2023 5:43 PM IST

Pakistan economic crisis

IMF and Pakistan to resume talks next week for crucial $1.1 billion deal

As per IMF's demands, the Pak government has also agreed to introduce fiscal measures including new taxes. Some experts...

11 Feb 2023 8:54 PM IST