IMF Loan
Junior finance minister says IMF has already held meetings with FBR and the central bank.
Updated 14 Jun, 2023 07:57am
PM Shehbaz hopes agreement will be signed by June end since all conditions have been met.
Published 12 Jun, 2023 07:08am
Claims that 14 months on, friendly countries still not ready to trust the govt.
Published 11 Jun, 2023 07:04am
Claims govt working on possibility of restructuring its bilateral debt; stresses country will not default, approach Paris Club creditors.
Updated 11 Jun, 2023 07:19am
Pakistan Business Council CEO says the govt’s ability to lower prices through a reduction in duties and taxes is limited.
Updated 09 Jun, 2023 08:57am
The programme ends on June 30, but it must end on a good note.
Published 07 Jun, 2023 11:48am
"Our ninth review by the IMF will match all terms and conditions and, hopefully, we’ll have some good news this month," he says.
Published 05 Jun, 2023 06:47pm
Says "state was threatened, mutiny took place on May 9".
Updated 01 Jun, 2023 10:36pm
IMF mission chief says overcoming present economic and financial challenges will require sustained policy efforts and reforms.
Published 30 May, 2023 10:06am
Maintains all technical work, prior actions have been completed for ninth review of IMF loan programme.
Published 24 May, 2023 06:50pm
Power minister says since there's uncertainty and "we're not getting support we expected from West", PM, finance minister will announce alternative strategy.
Published 23 May, 2023 09:03pm
Says Finance Minister Ishaq Dar has not held any meetings with industry leaders.
Updated 14 May, 2023 08:31am
“Our team is very heavily engaged of course with the authorities because Pakistan indeed faces a very challenging situation," says IMF spokeswoman.
Published 11 May, 2023 10:57pm
In all Fund programmes, authorities issue a letter of intent outlining their policy intentions for the period after the programme, IMF official says.
Updated 04 May, 2023 02:34pm
Pakistan has been negotiating with IMF since early Feb for resumption of loan programme and subsequent release of $1.1bn tranche.
Published 25 Apr, 2023 10:32pm
Benchmark index closes at 41,008 points after gaining 802 points or 2pc from a week ago.
Updated 22 Apr, 2023 10:10am
In meeting with allies, premier says he can't share details of army chief's efforts, but his contributions are a "fact".
Updated 18 Apr, 2023 11:56pm
Lender stresses need to "maintain strong policies"; Shehbaz admits no option but to accept "stringent conditions".
Published 16 Apr, 2023 07:32am
Analysts says negotiations for next IMF programme likely to begin soon after elections in October.
Updated 16 Apr, 2023 09:21am
Finance Minister Ishaq Dar informs IMF about the economic challenges being faced by Pakistan.
Updated 13 Apr, 2023 09:11am
Says cancellation was due to domestic political issues, explains that the only hold up is a commitment from a friendly country.
Updated 08 Apr, 2023 07:50pm
Reiterates govt's commitment to completing IMF programme; Donald Blome expresses confidence in govt's policies for economic sustainability.
Published 06 Apr, 2023 08:53pm
A formal announcement will be made, a finance ministry official says, but gave no further details.
Updated 30 Mar, 2023 01:31pm
Lender's resident representative in Pakistan says the government did not consult with the fund about the new scheme.
Updated 24 Mar, 2023 03:09pm
Says no one has "made any demand from Pakistan with regard to our nuclear capability"; IMF official says "absolutely no truth" to the recent speculation.
Updated 21 Mar, 2023 12:17am
Loan rollovers and the next tranche from the Fund have to be repaid eventually, thus the only way forward is to diversify.
Updated 20 Mar, 2023 09:50am
Economist it’s still not clear “whether and when Pakistan can receive the next instalment from the IMF.”
Updated 14 Mar, 2023 09:45am
Bilawal urges global lenders to "provide relief" in "incredibly difficult time"; US proposes to double economic support to $82m.
Published 12 Mar, 2023 07:27am
Finance ministry official says last prior actions completed by SBP, compliance reports shared with lender.
Published 12 Mar, 2023 07:13am
Says Pakistan has been unable to achieve structural tax reform "for the last 23 IMF programmes that we have been a part of".
Published 10 Mar, 2023 08:53pm