Tag: Imf

Reza Baqir to serve Pakistan out of love, says Qureshi

--Foreign minister says 18th Amendment isn’t being rolled back --Says govt would soon announce a favourable NFC award   ISLAMABAD: Foreign Minister Shah Mahmood Qureshi has said that...

IMF was behind Asad Umar’s sacking, says Khursheed Shah

--Says Reza Baqir was used as a middleman to convey IMF's message to government --Urges authorities to resolve issues with PTM through dialogue ‘before it’s...

IMF delegation to arrive in Pakistan on Monday   

 ISLAMABAD: A delegation of the International Monetary Fund (IMF) will visit Pakistan from Monday. Finance Division Spokesperson Dr Khaqan Najeeb said that the purpose of...

Asad Umar likely to be ousted before IMF deal: Nizami

The removal of Finance Minister Asad Umar is expected before the finalisation of the International Monetary Fund (IMF) bailout package, Pakistan Today Editor Arif...

Pakistan to avail $6-8bn IMF package, says Asad Umar

--IMF delegation to visit Islamabad before end of April to continue discussions on bailout package --Finance minister says World Bank to give $7.5bn to Pakistan...

Govt decided to approach IMF in national interest, says Asad Umar

WASHINGTON: Finance Minister Asad Umar on Friday said Pakistan has been facing a crisis of balance of payments for a long time and we went to...

IMF, World Bank urge caution with China loans

The rising influence of lending by China to developing nations is increasingly under the spotlight amid concerns that the growing debt burden and onerous...

NA session called off to hide IMF deal, claims Marriyum

Pakistan Muslim League-Nawaz (PML-N) Spokesperson Marriyum Aurangzeb has said that the Pakistan Tehreek-e-Insaf (PTI) government has intentionally postponed the National Assembly session to hide the...

Pakistan delegation led by Asad Umar holds meetings with IMF, WB...

WASHINGTON: Pakistani delegation led by Finance Minister Asad Umar participated in IMF and World Bank Spring meetings in Washington and discussed the economic situation...

Govt to kick off housing project with construction of 135k units

--Fawad says 25,000 housing units will be built in Islamabad for federal govt employees, 110,000 in Balochistan --Says special town will be built for fishermen...

Crisis is over, declares Asad Umar

ISLAMABAD: Finance Minister Asad Umar on Monday said that the economic turmoil will soon be over, asserting that the talks with the International Monetary...

Imran’s amnesty scheme hopes to pull in Rs250bn in tax

--PM accords approval to new amnesty scheme which will be announced on April 15 --'Benami' accounts, assets holders to be offered up to 10% tax...

No discussion with IMF on rupee devaluation, Umar claims

Finance Minister Asad Umar on Thursday rebutted a news item about discussing exchange rate target with the International Monetary Fund. “No exchange rate target is...

Amnesty scheme for tax evaders ‘need of the hour’, Umar insists

--Finance minister says tax amnesty is controversial, says 'public office-holders, civil servants won't be eligible if scheme does come' --Defends increase in petroleum prices, claims govt...

Inflation hits 9.41 per cent, highest in five years

--Energy costs in particular have risen sharply, hit by a series of devaluations of the rupee   ISLAMABAD: Consumer price inflation rose in March to its highest...

Government in talks with IMF: Asad Umar

-- Says IMF will soon visit Pakistan  -- Tells India will face losses due to increased duties -- Emphasises 'need to groom professionals'  ISLAMABAD: Finance Minister Asad...

PML-N seeks PM’s apology for taking ‘U-turn’ by approaching IMF

--PML-N spokesperson says terms of proposed agreement with IMF should be made public   ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) spokesperson Marriyum Aurangzeb on Monday demanded that Prime...