IMF

IMF for mobilisation from untapped tax bases

Nimra JamaliNovember 16, 2024

ISLAMABAD: Mission head Nathan Porter, following talks with the authorities here, stated that IMF held constructive talks with Pakistan and pondered over means to reduce vulnerabilities. The lender and Pakistan agreed to continue prudent fiscal and monetary policies, revenue mobilisation from untapped tax bases, while transferring greater social and development responsibilities to provinces. IMF stated […]

IMF’s Nathan Porter’s delegation meets Fin Min

Sana MehmoodNovember 12, 2024

ISLAMABAD: IMF Mission Chief to Pakistan Nathan Porter heading a delegation met the Finance Minister Muhammad Aurangzeb here on Tuesday (12th November, 2024). In the premature rendezvous aimed at averting any risk to the $7 billion bailout, Fin Min was accompanied by Minister of State for Finance Ali Pervez Malik, Governor State Bank, Chairman FBR […]

Govt outsources Islamabad Airport to favoured consortium

Sana MehmoodOctober 9, 2024

ISLAMABAD: Under the IMF’s recommendations, the outsourcing of International Airport here was the first such PPP project, which allegedly was handed over to a favoured foreign consortium. Those who were sidelined lamented that they were not allowed to submit the documents. Newspakistan.tv

IMF: Pakistan receives $1.03 B tranche on 27th Sept

Sana MehmoodSeptember 27, 2024

KARACHI: The State Bank of Pakistan (SBP), while acknowledging the receipt of $1.03 billion IMF tranche on Friday (27th Sept, 2024) told the Media that the amount would be reflected in SBP liquid reserves to be released on Thursday (3rd day of October, 2024). IMF has approved $ 7 billion EFF (on 25th Sept, 2024) […]

IMF approves $7 billion EFF for Pakistan

Sana MehmoodSeptember 25, 2024

WASHINGTON: Following IMF’s approval of $ 7 billion EFF (on 25th Sept, 2024), at an interest rate of less than 5%, Pakistan will be getting the first tranche of $1.1 billion by Friday (27th Sept). Commenting on the 3-year-program, MD of IMF Kristalina Georgieva stated: “We do have good news. We have completed the review […]

IMF to ponder over $7B EFF to Pakistan on 25th Sept

Sana MehmoodSeptember 12, 2024

IMF has confirmed on Thursday that its Board would discuss the $7 billion EFF to Pakistan on Wednesday (25th September, 2024). IMF spokesperson Julie Kozack said that the Fund had reached a staff-level agreement with Pakistan on the EFF in July. It is pertinent to mention here that Pakistan was expecting the 37-month deal in […]

IMF wants Pakistan to get $12B loan rolled over

Sana MehmoodSeptember 5, 2024

ISLAMABAD: IMF has asked Pakistan to get $12 Billion loan rolled over by next week in order to qualify for bailout package. It may be recalled that on 13th July, 2024 Pakistan and IMF have reached a staff level agreement (subject to approval by IMF Executive Board) on 37-month Extended Fund Facility (EFF) Programme of […]

Pakistan and IMF reach staff-level agreement on 37-month EFF of $7b

Sana MehmoodJuly 13, 2024

ISLAMABAD: Pakistan and IMF have reached a staff level agreement (subject to approval by IMF Executive Board) Saturday (13th July, 2024) on 37-month Extended Fund Facility (EFF) Programme of $7 billion. Taking to the Twitter IMF stated: “IMF staff have reached a Staff-Level Agreement with Pakistan on a 37-month Extended Fund Facility of about US$7 […]

NA approves budget 2024-25 ahead of IMF talks

Sana MehmoodJune 28, 2024

ISLAMABAD: With certain amendments, the NA has passed the tax-laden budget 2024-25 (having a total outlay of Rs.18877B outlay) ahead of IMF talks. It has been estimated that the gross revenue receipts will be Rs.17815B; in the finance bill the growth rate has been expected to be 3.6% whereas, inflation is expected to be 12%; […]

IMF: SBP receives the final $1.1B Tranche

Sana MehmoodApril 30, 2024

KARACHI: SBP has confirmed on Tuesday (30th April, 2024) receiving the last tranche of $1.1 billion from IMF under the Stand-By Arrangement (SBA). According to SBP the Executive Board of IMF had completed the second review under the SBA in its meeting on 29th April 2024 and approved disbursement of US$1.1billion that would augment the […]

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IMF

IMF for mobilisation from untapped tax bases

IMF’s Nathan Porter’s delegation meets Fin Min

Govt outsources Islamabad Airport to favoured consortium

IMF: Pakistan receives $1.03 B tranche on 27th Sept

IMF approves $7 billion EFF for Pakistan

IMF to ponder over $7B EFF to Pakistan on 25th Sept

IMF wants Pakistan to get $12B loan rolled over

Pakistan and IMF reach staff-level agreement on 37-month EFF of $7b

NA approves budget 2024-25 ahead of IMF talks

IMF: SBP receives the final $1.1B Tranche

Politics

Politics

Cricket, Pak vs WI: PCB announces 15-players

Nine terrorists neutralized in N. Waziristan

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Cricket, Pak vs WI: PCB announces 15-players

Nine terrorists neutralized in N. Waziristan

Celebrating the Transformative Power of US Exchange Programs

Was LA Inferno A Criminal Act?

Al-Azhar Uni to establish campus in Pakistan

Trump, 1st US president with felony conviction

Pakistani Flag Installed At UNSC