IMF Loan
Says amount will be reflected in foreign exchange reserves for week ending on May 3; PM Shehbaz says tranche to help economic stability.
Updated 30 Apr, 2024 07:20pm
All board members favoured releasing the last installment except India, which abstained.
Updated 30 Apr, 2024 07:42am
Decision on final SBA tranche due today; Saudi minister dubs premier "man of action".
Updated 29 Apr, 2024 09:14am
Says solution to fix ailing economy lies in political stability and a just judicial system to give a sense of security to investors.
Updated 29 Apr, 2024 09:49am
Commends new economic team, emphasises potential for further Pak-US economic cooperation, says statement from Senate chairman office.
Updated 24 Apr, 2024 09:59pm
Pakistan receives $9.8bn in July-March, against annual target of $17.4bn.
Published 24 Apr, 2024 07:51am
Says he has "no reason to believe" that IMF will not agree to privatisation agenda.
Updated 24 Apr, 2024 04:24pm
The problem with us is that our ruling elite is still trying to find a way around the tough reforms that will hit their privileges.
Updated 22 Apr, 2024 10:58am
The problem with us is that our ruling elite is still trying to find a way around the tough reforms that will hit their privileges.
Updated 22 Apr, 2024 08:56am
IMF negotiations prompt deadline shift to surrender unused funds.
Updated 22 Apr, 2024 07:47am
Says bids for flag carrier to come in two to three weeks; Islamabad airport will be next, followed by Karachi, Lahore.
Updated 22 Apr, 2024 07:57am
Aurangzeb says debts can be repaid only after CPEC-II.
Updated 21 Apr, 2024 07:30am
Pakistan also hopes to come back to international capital markets, possibly with a green bond, Aurangzeb says.
Published 19 Apr, 2024 01:44pm
Fund's Middle East and Central Asia director says it is important to accelerate reforms and double down on their structure.
Updated 18 Apr, 2024 09:38pm
The problems are well-known and the country is aware of what is needed to stabilise the economy; the challenge is follow-through and implementation.
Updated 18 Apr, 2024 09:05am
Lender lifts global growth forecast to 3.2pc this year.
Updated 17 Apr, 2024 10:27am
The key to unlocking fresh IMF funds lies in convincing the lender that Pakistan is now ready to undertake real reforms.
Updated 16 Apr, 2024 08:55am
Seeks help with tackling climate change fallout on his first day in Washington.
Published 16 Apr, 2024 08:16am
The World Bank “cannot tackle poverty without the broader view", says head Ajay Banga.
Updated 16 Apr, 2024 09:28am
IMF ministerial meetings and events are scheduled for April 17-19, with additional activities planned from April 15-20.
Updated 15 Apr, 2024 09:19am
Finance minister to attend IMF-WB spring meetings, hold bilateral meetings with Chinese, Saudi, UAE, Turkish counterparts.
Updated 13 Apr, 2024 07:58am
Says Pakistan is successfully completing its existing programme, the economy is performing somewhat better, with reserves now being built up.
Published 11 Apr, 2024 11:01pm
The next IMF programme will be far tougher than any other Pakistan has embarked on in the past.
Updated 09 Apr, 2024 10:05am
PM Shehbaz says new loan programme "very important to consolidate economy".
Updated 05 Apr, 2024 09:22am
Premier stresses to "not let any kind of politics near" the matter; says new IMF deal very important.
Updated 04 Apr, 2024 04:41pm
It is a tragic situation, not least because it is unclear how the government intends to assist ordinary Pakistanis who have had
Updated 03 Apr, 2024 09:51am
Global financial body calls fiscal consolidation, reforms amid weak coalition, political instability "biggest challenges".
Updated 01 Apr, 2024 09:27am
Encourages development of equity, debt markets to fund infrastructure projects, calls for reduced reliance on banks.
Published 30 Mar, 2024 08:33am
Encourages development of equity, debt markets to fund infrastructure projects, calls for reduced reliance on banks.
Updated 30 Mar, 2024 08:33am
Says the size of programme hasn't been decided yet; set to go to Washington on Apr 14-15.
Updated 29 Mar, 2024 03:26pm