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 the country is the IMF's fifth-largest debtor, owing the Fund $6.28 billion as of July 11, according to the lender's data.
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 ...
Pakistan's Finance Minister, Muhammad Aurangzeb, forewarned 'transitional pain' as the nation embarks on its 25th IMF program ...
State Bank of Pakistan (SBP) has received the first tranche of SDR 760 million (equivalent to USD 1026.9 million) from the ...
Pakistan has requested the International Monetary Fund (IMF) to provide an additional USD 1.5 billion loan to tackle the ...
Sharif specially thanked China for helping Pakistan to secure the bailout, but declined to provide further details. The IMF had asked Pakistan to broaden the country's tax base and eliminate ...
IMF MD says package for Pakistan aims to assist the country in economic recovery, reduce inflation, create jobs, and foster ...
The International Monetary Fund has approved an “extended fund facility” worth $7 billion for Pakistan, its 24th bailout ...
Pakistan has received "significant financing assurances" from China, Saudi Arabia and the United Arab Emirates linked to a ...
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