Tag: Imf

C/A posts $700m deficit as heavy IMF repayments take toll on...

The country’s current account balance has finally set in the red zone witnessing a deficit of $ 700 million during the first eight months...

$7.878b loans obtained from IMF in three years, NA told

Pakistan has obtained $ 7.878 billion loan from the International Monetary Fund (IMF) from 2008 to 2010-11, according to documents placed before the National...

Govt not seeking any package from IMF: Mandviwala

Finance Minister Senator Saleem H Mandviwala Thursday said there is neither any programme to seek new loans from the International Monetary Fund (IMF) nor...

Will knock on IMF’s door again, if need be: Mandviwala

Finance Minister Saleem H Mandviwala expressed confidence that Pakistan would not default on its debts but added that the country will go for a...

Pakistan repays 10th IMF instalment of $391.8 milion

The central bank Tuesday “successfully” paid the 10th instalment under the IMF’s Stand-By Arrangement (SBA) facility amounting to SDR 258.4million equivalent to $391.8 million,...

IMF, Tunisia drafting loan details

Negotiations between Tunisia and the International Monetary Fund on a $1.78 billion loan are underway in the aftermath of a political turmoil which resulted...

Economy feels the heat as dollar-hungry Pakistan returns millions to IMF

The Pakistani rupee devalued to almost Rs 100 against a dollar Monday because of tightening in the inter-bank market. Under immense pressure for negatives in...

Pakistan repays $145.7 million to IMF

Pakistan on Monday paid $145.7 million to the International Monetary Fund (IMF) as the ninth repayment installment against the loan obtained under the standby...

IMF applauds steps to bolster Indo-Pak trade

The recent Pakistani and Indian steps to bolster bilateral trade will positively affect growth momentum, the International Monetary Fund. However, Laura Papi, Assistant Director,...

IMF unlocks aid after Afghan govt pledges reforms

The Afghan government has welcomed the IMF's move to reopen credit lines to Afghanistan two years after corruption fears surrounding the Kabul Bank crisis...

Pakistan to pay $520m in IMF debt this month

Pakistan will pay $520 million against the International Monetary Fund (IMF) loan programme in two instalments in the current month. Sources in the Finance...

IMF chief tells Europe to take some time on deficits

IMF Managing Director Christine Lagarde said Friday that a French bid to bring its public deficit down to 3.0 percent of output this year...

IMF advice recipe to bail out economy from mess

The Islamabad Women’s Chamber of Commerce and Industry (IWCCI) said on Monday IMF’s lack of trust and persistence to accelerate the pace of economic...

Businessmen not happy with IMF Mission chief’s statement

Islamabad Chamber of Commerce & Industry (ICCI) shows serious reservation upon the statement of IMF Mission Chief that the bank would not write off...

IMF mission in town

At the request of the government, an IMF mission is visiting Pakistan to initiate discussion for a three-year bailout program. As reported in the...

3-day Pakistan-IMF dialogue opens in Islamabad

Three-day dialogues between Pakistan and IMF on technical policy level started in Islamabad during which Pakistan included a plea for more aid in its...