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Pakistan Times Today
Post Count: 49

IMF

Pakistan slams IMF’s ‘intervention’ in internal matters

Alina Hashmi - Politics - May 31, 2023

Islamabad: State Minister for Finance and Revenue Aisha Ghaus Pasha slammed the International Monetary Fund (IMF) for “intervening” in Pakistan’s internal matters. “Pakistan’s conduct is in line with the law,” the state.

TAGS: #IMF

Financial instability overshadows IMF growth forecast

Alina Hashmi - Business - April 13, 2023

The International Monetary Fund trimmed its forecast for global growth this year and next by just 0.1 percentage points to 2.8 percent and 3 percent, respectively, in its April 2023 World Economic.

TAGS: #IMF

Pakistan finally ‘reaches agreement’ with IMF

Alina Hashmi - Business - February 9, 2023

Pakistan and the International Monetary Fund (IMF) reached an agreement after 10 days of “tough” parleys. The deal unlocked over a $1 billion loan tranche under Extended Fund Facility (EFF) that had.

TAGS: #IMF

Pakistan-IMF loan talks on track: Ishaq Dar

Alina Hashmi - Business - February 9, 2023

Islamabad: Finance Minister Ishaq Dar said on Thursday that talks with the International Monetary Fund (IMF) were “on track” and the government would share “good news” on the matter today. The finance.

TAGS: #IMF

IMF agrees on talks with Pakistan for ninth tranche

Alina Hashmi - Business - January 25, 2023

Islamabad: The International Monetary Fund (IMF) agreed on resuming talks with Pakistan regarding the release of the tranche under the ninth review of the Extended Fund Facility (EEF). Sources reported that the.

TAGS: #IMF

IMF wants Pakistan to meet targets for loan

Alina Hashmi - Business - January 15, 2023

Islamabad: The International Monetary Fund (IMF) refused to relax its conditions set for Pakistan to complete the ninth review of the $7 billion loan program. Earlier this month, Finance Minister Ishaq Dar.

TAGS: #IMF

IMF conditions to push inflation 40% high: Hammad Azhar

Alina Hashmi - Politics - January 8, 2023

Former energy minister and Pakistan Tehreek-e-Insaf (PTI) leader Hammad Azhar warned that inflation would further rise by 40% if the PDM’s coalition government accept the International Monetary Fund’s (IMF) conditions. Addressing a.

TAGS: #Hammad Azhar#IMF

Ukraine external financing needs could reach $5 bln a month: IMF

Alina Hashmi - World - October 25, 2022

On Oct 25, IMF Managing Director Kristalina Georgieva said that Ukraine’s external financing needs would be around $3 billion a month through 2023 in a best-case scenario. “The external financing needs could.

TAGS: #IMF#Ukraine

IMF concludes mission on Ukraine

Alina Hashmi - World - October 21, 2022

Washington: On Oct 21, IMF mission chief Gavin Gray said that an International Monetary Fund team held productive discussions with Ukrainian authorities in Vienna this week. “The mission will continue work in.

TAGS: #IMF#Ukraine

IMF cuts Asia’s growth forecasts

Alina Hashmi - Business - October 11, 2022

Tokyo: On Oct 11, the International Monetary Fund cut Asia’s economic growth forecasts as rising inflation forced many central banks to tighten monetary policy. “A widening debt crisis in (emerging) economies would.

TAGS: #Asia's growth forecasts#IMF

Ukraine war prompts worst global food crisis: IMF

Alina Hashmi - World - September 30, 2022

Washington: On September 30, the International Monetary Fund said that the Ukraine war’s disruptions to grain and fertilizer flows prompted the worst food security crisis since the 2007-2008 global financial meltdown. “For.

TAGS: #Global Food Crisis#IMF#Ukraine war

IMF to support Pakistan’s flood relief efforts

Alina Hashmi - Weather - September 18, 2022

On Sunday, the International Monetary Fund (IMF) said that it would support flood relief and reconstruction efforts in Pakistan under the current program. “We will work with others in the international community.

TAGS: #IMF#Pakistan Floods 2022

IMF to expand emergency aid for food shocks

Alina Hashmi - World - September 13, 2022

Washington: On September 13, the International Monetary Fund (IMF) confirmed that it would be expanding its lending toolkit to help countries hit by the food crisis. According to the statement, the.

TAGS: #IMF

High food, petrol prices can trigger protests in Pakistan: IMF

Alina Hashmi - World - September 2, 2022

Washington: The International Monetary Fund (IMF) has warned against protests and instability in Pakistan amid rising inflation. “High food and fuel prices could prompt social protest and instability,” the IMF said, in.

TAGS: #High food#IMF#Pakistan#Petrol prices

IMF team holds talks with crisis-hit Sri Lanka

Alina Hashmi - World - August 24, 2022

Colombo: On Aug 24, an International Monetary Fund (IMF) team met Sri Lanka’s president for talks on a bailout, including restructuring debt of about $29 billion, amid the nation’s worst financial crisis..

TAGS: #IMF#Sri Lanka

Pakistan to receive $1.17b from IMF

Alina Hashmi - World - August 23, 2022

Karachi: Pakistan is likely to receive a $1.17 billion loan tranche from the International Monetary Fund (IMF) within six days after the Executive Board’s approval, State Bank of Pakistan Acting Governor Murtaza.

TAGS: #IMF#Pakistan

Economy not in trouble, says Bangladesh

Alina Hashmi - World - July 27, 2022

According to Bangladesh’s finance minister, the country started talks on a loan from the International Monetary Fund (IMF) but would take it only if conditions were favorable. “A letter was sent to.

TAGS: #Bangladesh#IMF

IMF seeks assurance on Saudi funding to Pakistan: Report

Alina Hashmi - Business - July 20, 2022

According to the reports, the International Monetary Fund’s Executive Board was looking to assess Saudi Arabia’s commitment to financing Pakistan before disbursing fresh funds. The document stated that the Washington-based lender wanted.

TAGS: #IMF#Saudi funding to Pakistan

Fuel prices raised again to unlock IMF funding

Reesha Mirza - Politics - June 16, 2022

The federal government announced a hefty price hike for all petroleum products on Wednesday, including petrol by Rs24 per litre and high-speed diesel (HSD) by Rs59.16 per litre, the third rise in.

TAGS: #IMF#Pakistan#Petrol price hike#World

Government agrees to implement IMF demand: Report

Reesha Mirza - Politics - May 20, 2022

After lengthy consideration, the existing government has finally decided to fulfil most of the International Monetary Fund’s (IMF) requests, raising the chance of the country “getting back on track economically” and receiving.

TAGS: #IMF#Pakistan#World

Pakistan likely to receive additional $2.5b funding for next fiscal year

Reesha Mirza - Politics - May 13, 2022

The Asian Development Bank (ADB) is expected to provide Pakistan with an additional $2.5 billion in budgetary support in fiscal year 2022-2023 as the government seeks assistance to address a growing balance.

TAGS: #ADP#funding#IMF#Pakistan#World

Pakistan to resume talks with IMF from 18th May

Reesha Mirza - Politics - May 12, 2022

The Pakistani government and the International Monetary Fund (IMF) will meet next week, starting May 18, to discuss “the latest economic developments and policy implementation,” according to Baaghi TV.

Pakistan has also been.

TAGS: #Economy#IMF#Pakistan#World

Pakistan should decrease current account deficit: IMF

Alina Hashmi - Business - April 27, 2022

The International Monetary Fund (IMF) has urged Pakistan to bring its current account deficit under control, an official said, as the new government seeks an increase in the size and duration of.

TAGS: #current account deficit#IMF#Pakistan

IMF agrees to add $2 billion on ongoing programme

Reesha Mirza - Politics - April 25, 2022

 

To help Pakistan’s balance of payments and foreign exchange reserves, the International Monetary Fund (IMF) has agreed to expand its $6 billion loan programme by $2 billion and extend it for another.

TAGS: #IMF#Pakistan#Politics#US#World

Pakistani delegation to participate in IMF, WB meeting today

Reesha Mirza - Politics - April 18, 2022

A high-level Pakistani team is scheduled to visit Washington this week for the annual spring conference of the Bretton Wood Institutions (BWIs), which includes the IMF and the World Bank, with the.

TAGS: #IMF#International#Pakistan#WB#World

IMF to continue its support for Pakistan

Alina Hashmi - Business - April 4, 2022

On Monday, the International Monetary Fund (IMF) said that it would continue to support Pakistan and would engage further “once a new government is formed” in the country. The Ministry of Finance.

TAGS: #IMF#Pakistan

IMF tax proposals leaving salaried class worse off

Reesha Mirza - Uncategorized - March 25, 2022

The International Monetary Fund (IMF) has proposed taxing the upper middle class and wealthy individuals with monthly incomes ranging from Rs104,000 to Rs1 million at a uniform rate of 30%.

The idea shows.

TAGS: #IMF#Pakistan#Tax#World

IMF orders Pakistan to raise gas and electricity tariffs

Reesha Mirza - Politics - February 7, 2022

Pakistan has been ordered by the International Monetary Fund (IMF) to raise power and gas rates in order to match energy pricing with cost recovery.

According to the IMF’s staff report released after.

TAGS: #IMF#Pakistan#Taxes#World

Pakistan commits IMF to impose taxes worth Rs.160 billion on salaried class

Reesha Mirza - Politics - February 5, 2022

 

According to The News, Pakistan has committed to draught Personal Income Tax (PIT) legislation until the end of the current month (February 2022) under the now-resumed International Monetary Fund (IMF) programme for.

TAGS: #IMF#International#Pakistan#World

IMF approves $1 billion tranche

Reesha Mirza - Politics - February 3, 2022

The International Monetary Fund (IMF) executive board resurrected Pakistan’s $6 billion Extended Fund Facility (EFF) programme on Wednesday, clearing the way for a $1 billion tranche to be disbursed.

The decision comes after.

TAGS: #Economy#IMF#International#Pakistan#World
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