Pakistan Secures Last-Minute IMF Bailout to Prevent Default
According to a report by Bloomberg Economics, Pakistan is likely to avert default this year as it secured a last-minute bailout from the International Monetary Fund (IMF)
According to a report by Bloomberg Economics, Pakistan is likely to avert default this year as it secured a last-minute bailout from the International Monetary Fund (IMF)
Pakistan has finally reached a staff-level agreement with the International Monetary Fund (IMF) on a much-awaited $3 billion stand-by arrangement, providing a lifeline to the
Prime Minister Shehbaz Sharif recently met with the Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, in Paris to reaffirm Pakistan's commitment to completing
The Pakistani government has made significant changes to its budget for the upcoming fiscal year in an effort to secure critical funding from the International Monetary Fund (IMF)
In May, Pakistan's current account posted a surplus of $255 million, a significant turnaround from the $1.506 billion deficit recorded in the same month of
The International Monetary Fund (IMF) has emphasized the need for Pakistan to pass a budget that aligns with the program objectives in order to revive the stalled loan
In an effort to attract billions of dollars to the country and avoid a potential default, the government of Pakistan is contemplating amending the Income Tax Ordinance. The
The upcoming budget for the 2023-24 fiscal year in Pakistan is expected to strike a delicate balance between meeting International Monetary Fund (IMF) requirements and appealing to
The Pakistani rupee has seen a slight recovery of 0.02% against the US dollar, reaching Rs285.35 in the interbank market. However, financial experts are predicting further
The International Monetary Fund (IMF) has called upon Pakistan to eliminate the dual exchange rate system and share a revised budgetary framework for the current fiscal year and
In a recent statement, Minister of State for Finance, Dr. Aisha Ghaus Pasha, emphasized that the government is in constant communication with the International Monetary Fund (IMF) and
Pakistan is facing a critical situation as it struggles to secure a $1.2 billion loan tranche from the International Monetary Fund (IMF) while also needing to repay