Tag: Imf

Rs 40b new taxes on the poor unacceptable: JI

Ameer Jamaat- e-slami (JI) Sirajul Haq has said that the government decision to impose new taxes of Rs 40 billion on the poor for...

IMF didn’t suggest devaluation of Pakistani currency; circular debt goes up...

International Monetary Fund (IMF) has rejected the rumors circulating in Pakistani media that IMF has suggested devaluation in the value of Pakistani currency. IMF’s...

Pakistan succeeds in persuading IMF to dole out $505m

Dar says Pakistan will receive $505million next month from IMF

IMF, WB ready to help quake-hit Afghanistan and Pakistan

The International Monetary Fund (IMF) and World Bank have offered their help to Afghanistan and Pakistan to deal with the recovery and reconstruction efforts...

IMF MD praises Pakistan’s economic, financial reforms process

International Monetary Fund (IMF) Managing Director Christine Lagarde called on Prime Minister Nawaz Sharif at Blair House on Wednesday to hold talks on IMF-Pakistan...

IMF report expects Pakistan GDP to grow by 4.5%

The International Monetary Fund (IMF) on Tuesday said that Pakistan’s GDP is expected to grow by 4.5 per cent this year. The Pakistani government has...

IMF mission chief says CPEC critical to Pakistan’s economic development

The International Monetary Fund (IMF) mission director has said that China–Pakistan Economic Corridor (CPEC) is of great significance to economic development in Pakistan. In a...

IMF approves 8th tranche of $504.8 mn for Pakistan

The International Monetary Fund (IMF) has approved 8th installment of 500 million dollar loan for Pakistan. The tranche was approved by the Executive Board of the...

IMF likely to approve $502m loan for Pakistan

The International Monetary Fund (IMF) will discuss the eighth review under the Extended Fund Facility arrangement with Pakistan on Monday (today). It is expected that...

Total foreign investment declines to $54.4m in July

Total foreign investment further decreased to $54.4 million in the first month of current fiscal year compared to $85.5 million received in the same period last year.

IMF agrees to release $500m tranche

IMF says real GDP growth is expected to increase to 4.5 per cent this fiscal year thanks to macroeconomic stability, low oil prices, planned improvements in the domestic energy supply, and investment related to China-Pakistan Economic Corridor

Next IMF boss likely to come from outside Europe

The next managing director of the International Monetary Fund (IMF) is likely to come from outside Europe when current leader Christine Lagarde eventually leaves,...

IMF approves $506m loan tranche for Pakistan

The International Monetary Fund (IMF) on Friday approved the release of $506 million loan tranche for Pakistan, ending the relatively easy part of the...

IMF, WB have 12 ‘labours’ for Pak to be loan-worthy

International Monetary Fund (IMF) and World Bank (WB) have set 12 pre-conditions for introducing reforms in the energy sector in order to release next tranche of loan to Pakistan.

Govt misses GDP growth target yet again

The Pakistan Muslim League-Nawaz (PML-N) government has again missed the key economic growth targets, as meeting of the National Accounts Committee (NAC) maintained on Monday a downward trend in the agriculture, industrial and services sectors while calculating the GDP growth at 4.2 percent as compared to the target of 5.1 percent for the current fiscal year.

With IMF, stability is in pain

Finance minister says reforms will continue with development expenditure most affected

IMF wants Pakistan to make more progress in tax collection

Although income tax collection remains abysmal, IMF says Pakistan has made some progress on eliminating special tax breaks often granted to political cronies Pakistan, long...