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IMF approves $1.3 billion loan package for Pakistan

IMF approves $1.3 billion loan package for Pakistan

The new deal comes with an agreement on the first review of the ongoing $7 billion bailout programme as IMF praised Pakistan's progress in restoring macroeconomics stability and rebuilding confidence despite a challenging global environment

26 Days ago

IMF

Pakistan meets IMF benchmarks for next $1.2 billion loan tranche:...

25 Feb 2024 2:51 PM

UAE Pakistan

Pakistan and UAE expand economic cooperation with $20-25 billion investment

Prime Minister Kakar lauded the historic significance of the MoUs, envisioning an era of elevated economic cooperation...

28 Nov 2023 3:41 PM

world bank

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 11:24 AM

Nawaz Sharif criticises Pakistan's economic situation, points to India's progress

In July, Pakistan received a $1.2 billion transfer from the IMF as part of a $3 billion bailout program aimed at...

19 Sept 2023 1:49 PM

Pakistan is to engage foreign operators to run major airports

Pakistan is to engage foreign operators to run major airports

The cash-strapped nation is bolstered by an IMF loan, which is not adequate enough to kick start the economy

17 July 2023 4:26 AM

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 12:13 PM

Pakistan economic crisis

Unemployment fears increase in Pakistan over blocked imports

Smaller factories have already exhausted stocks and larger plants are days from closing.

13 Feb 2023 5:41 PM

IMFs conditions for Pakistan beyond imagination, says PM Sharif

IMF's conditions for Pakistan "beyond imagination", says PM Sharif

A delegation from the IMF landed in Pakistan on Tuesday.

3 Feb 2023 9:40 AM

Power outages will disrupt internet and mobile services: warns Pak govt

Power outages will disrupt internet and mobile services: warns Pak govt

Geo News reported the Prime Minister Shehbaz Sharif as saying that Pakistan failed to procure liquefied natural gas...

1 July 2022 10:09 AM