IMF Loan
PTI govt has tried to explain to the IMF that it lacks the numbers in parliament required to amend law to make SBP autonomous.
Updated 01 Nov, 2021 01:48pm
The negotiations on the draft amendments are continuing and are expected to be finalised early next week.
Published 31 Oct, 2021 07:02am
With neither side coming clean on reasons for current ‘interruption’, it can only be hoped the hiatus in talks will be temporary.
Published 25 Oct, 2021 08:50am
Officials insist negotiations still on track and Fund’s statement will announce resumption of $6bn programme.
Updated 23 Oct, 2021 07:38am
IMF official says talks between the Fund and govt on the sixth review of the $6bn EFF have progressed to a “very good step”.
Published 20 Oct, 2021 09:19am
Says the govt realised that increasing tariffs without structural changes would increase inflation, make industry uncompetitive.
Updated 17 Oct, 2021 07:44am
Minister says negotiating team will stay in US to finalise resumption of loan facility.
Updated 16 Oct, 2021 07:39am
Finance minister says IMF has been informed power tariffs will be increased in a gradual manner to avoid abrupt inflation.
Updated 14 Oct, 2021 08:25pm
The next round will be in Washington face-to-face, the finance minister's spokesperson says.
Updated 10 Oct, 2021 07:11am
Tarin to hold policy-level talks with Fund management next week; finance ministry challenges WB estimates.
Published 09 Oct, 2021 06:57am
Fund's largest-ever allocation of $650bn will be distributed among member states as per their Special Drawing Rights quota.
Updated 24 Aug, 2021 10:47am
"We stand ready to continue supporting Pakistan achieve the objectives of debt sustainability and sustainable growth," says IMF.
Updated 13 Aug, 2021 07:01pm
Finance minister says global lender’s concerns over Rs1.6tr Kamyab Pakistan Programme will be addressed.
Published 13 Aug, 2021 07:06am
The IMF subjects the people already hurt by the failures of their governments to more hurt by the failures of the markets.
Updated 13 Jul, 2021 11:48am
Expresses optimism that sixth review of $6bn financial package will conclude positively.
Published 09 Jul, 2021 07:04am
Says $2.5bn Eurobonds to be launched within months.
Updated 25 Jun, 2021 07:15am
“We stand ready to continue to support Pakistan,” says IMF spokesperson.
Published 24 Jun, 2021 08:32pm
Budget for FY22 faces massive risks such as inflation and a resurgence of the trade deficit.
Updated 17 Jun, 2021 08:23am
"This time the IMF was not friendly with us and the programme was front-loaded and tough," he says.
Updated 17 Jun, 2021 07:54am
More than 1,000 projects worth Rs340 billion have been registered along with another 292 tentative projects under the scheme.
Published 13 Jun, 2021 07:12am
The prime minister is under extreme pressure to pump growth further next year, as well as enhance spending.
Updated 10 Jun, 2021 09:01am
The design of the IMF programme has led to perverse incentives and unintended consequences.
Updated 21 May, 2021 09:07am
Finance Minister Shaukat Tarin says the higher power tariff is leading to corruption and affecting economic growth.
Updated 04 May, 2021 07:40am
“The mooted 27pc increase in power tariff is not a growth driver," says PBC chief executive in letter to Hammad Azhar.
Updated 13 Apr, 2021 09:16am
The IMF now requires parliament to approve laws under deadlines unlike the previous programmes.
Updated 12 Apr, 2021 09:32am
IMF documents unveil government’s expenditure consolidation measures.
Updated 10 Apr, 2021 07:51am
Rising inflation and depleting political capital are the most obvious reasons.
Updated 09 Apr, 2021 08:43am
Government to raise electricity tariff by Rs4.97 per unit in remaining three months of current fiscal year.
Published 09 Apr, 2021 07:09am
The only way out is to convince the Fund to soften its conditions for the remaining period of the loan.
Updated 08 Apr, 2021 08:42am
How things go with the IMF are critical to how the political scene will evolve.
Updated 08 Apr, 2021 08:47am
