IMF, Pakistan
Pakistan cuts 1.5 lakh jobs and dissolves six ministries to secure $7 billion IMF loan
Cash-strapped Pakistan announced that in efforts to reduce administrative expenditures, the country has cut nearly 1.5 lakh government jobs, closed six ministries, and merged two others to secure a $7 billion loan deal from the International Monetary Fund (IMF),
The IMF approves a $7 billion loan for Pakistan, which will get $1 billion immediately
Pakistani officials say the executive board of the International Fund has approved a new $7 billion loan for the country.
IMF's $7 billion bailout sends Pakistan stocks to new peak
Pakistan's benchmark share index hit a life-time high in opening trade on Thursday, hours after the International Monetary Fund's board approved a long-awaited $7 billion bailout deal for the struggling economy.
Pakistan Loan Addiction IMF Approves 7 Billion doller Bailout | Shehbaz Sharif Thanks China, Saudi Arabia
IMF Approves 7 Billion doller Bailout | Shehbaz Sharif Thanks China, Saudi Arabia As Pakistan's economic crisis deepens, the International Monetary Fund (IMF) has approved yet another bailout package for the country.
Pakistan requests IMF to provide additional $1.5 billion loan to combat climate change
Pakistan has requested the International Monetary Fund (IMF) to provide an additional $1.5 billion loan to tackle the effects of climate change in the country, ARY News reported.Pakistan Prime Minister Shehbaz Sharif met IMF Managing Director Kristalina Georgieva on the sidelines of the 79th session of the United Nations General Assembly (UNGA) in
Pakistan secures $7 billion fresh loan from IMF; says it will have to go through 'transitional pain': Report
There will be transitional pain, but if we are to make it the last programme, then we have to carry out structural reforms,” Finance Minister Muhammad Aurangzeb told local broadcaster Geo News. IMF said it would issue an “immediate disbursement” of around $1 billion.
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$7bn IMF lending: no grounds for complacency
It is important to note that Pakistan is perpetually engaged in IMF programmes, with one being followed or replaced by ...
'We would have offered more than the IMF if...' Rajnath Singh takes a jab at Pakistan
Currently facing one of its worst economic crises, Pakistan recently secured a new $7 billion loan from the IMF as part of a ...
EconomyNext54m
IMF team to visit Sri Lanka this week
A team from the International Monetary Fund will visit Sri Lanka this week and also meet President Anura Kumara Dissanayake, ...
Cash-strapped Pakistan cuts 150,000 jobs, dissolves 6 ministries as part of IMF deal
Islamabad, In an effort to minimise administrative expenditures, cash-strapped Pakistan on Sunday announced to abolish about ...
IMF, Ethiopia Reach Staff-Level Agreement on First Review of Loan Program
WASHINGTON (Reuters) - International Monetary Fund staff and Ethiopia have reached an agreement on economic policies to ...
Time to change Pakistan economy's DNA, says country's Finance Minister after 25th IMF bailout
Pakistan has availed 25 IMF programmes since becoming a member of the IMF in 1950. The most recent programme is a 37-month EFF approved in September 2024. The new USD 7 billion loan is Pakistan's 25th ...
Kenya to Decide Type of Fresh IMF Deal Upon Expiry of Program
Kenya will decide on the type of its next International Monetary Fund program upon the expiry of the current arrangement, ...
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Pakistan’s 24th IMF program will be last, says FM Aurangzeb
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, announced that Pakistan’s ongoing IMF programme will be ...