IMF approves $7 billion bailout for Pakistan
The IMF approves a $7 billion loan for Pakistan, which will get $1 billion immediately
Pakistani officials say the executive board of the International Fund has approved a new $7 billion loan for the country.
IMF's $7 billion bailout sends Pakistan stocks to new peak
Pakistan's benchmark share index hit a life-time high in opening trade on Thursday, hours after the International Monetary Fund's board approved a long-awaited $7 billion bailout deal for the struggling economy.
IMF approves $7bn loan to cash-strapped Pakistan
The country has relied on IMF loans to meet its needs for decades The International Monetary Fund (IMF) has approved a $7bn (£5.25bn) loan to cash-strapped Pakistan. The country is due to receive the first $1bn of the loan immediately,
Pakistan braces for 'transitional pain' as IMF approves $7 bn loan
Pakistan said Thursday it would have to go through "transitional pain" after the International Monetary Fund agreed to a new relief package of $7 billion to bolster its faltering economy.
IMF chief credits Pakistan's reforms for $7 billion approval
The head of the International Monetary Fund has praised Pakistan's economic reforms, crediting them for the approval of a new $7 billion loan program for the financially struggling nation. The remarks by IMF Managing Director Kristalina Georgieva were aired on Pakistani television channels Thursday.
Pakistan’s IMF bailout package
Pakistan looks ahead to IMF bailout.
IMF Board Approves $7 Bn Pakistan Loan Agreement
The board of the International Monetary Fund on Wednesday agreed to loan Pakistan $7 billion to bolster its faltering economy, approving a relief package that Islamabad has pledged would be the last from the Washington-based lender.
IMF, Ethiopia reach staff-level agreement on first review of loan program
International Monetary Fund staff and Ethiopia have reached an agreement on economic policies to conclude the first review of ...
Kenya to Decide Type of Fresh IMF Deal Upon Expiry of Program
Kenya will decide on the type of its next International Monetary Fund program upon the expiry of the current arrangement, ...
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IMF Executive Board Concludes 2024 Article IV Consultation for Pakistan and Approves 37-month Extended Arrangement
The Executive Board of the International Monetary Fund (IMF) concluded the 2024 Article IV consultation and approved a 37-month Extended Arrangement under the Extended Fund Facility (EFF) for Pakistan ...
IMF says its board approved $210 million arrangement for Liberia
The International Monetary Fund said on Wednesday its executive board approved an arrangement of about $210 million for ...
Sri Lanka's new president says he'll restart talks with the IMF to find a way out of economic crisis
Sri Lanka’s new President Anura Kumara Dissanayake says that he will soon resume discussions with the International Monetary ...
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IMF Reaches Staff-Level Agreement on the First Review of the Extended Credit Facility for Ethiopia
A staff team from the International Monetary Fund (IMF) led by Mr. Alvaro Piris, visited Addis Ababa from September 17 to 26, 2024, to discuss progress on reforms and the authorities’ policy ...
Pakistan PM Sharif Welcomes IMF's $7 Billion Funding Agreement
Pakistan has been struggling with boom-and-bust economic cycles for decades, leading to 22 IMF bailouts since 1958. Currently ...
Bangladesh Says IMF Will Fast-Track Loans to Support Reforms
The International Monetary Fund has agreed to fast-track financial assistance to Bangladesh for supporting the new government ...
Pakistan wins more financing assurances from China, UAE, Saudi IMF official says
Pakistan has received "significant financing assurances" from China, Saudi Arabia and the United Arab Emirates linked to a ...
Sri Lanka to Begin Talks With IMF to Take Forward $2.9 Billion Bailout, President Says
COLOMBO (Reuters) - Sri Lanka's new President Anura Kumara Dissanayake said on Wednesday that he plans to begin negotiations ...