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IMF approves $7 billion bailout for Pakistan
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.
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.
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.
International Monetary Fund
1h
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 ...
devdiscourse
18h
Pakistan Faces 'Transitional Pain' with New $7 Billion IMF Loan, Finance Minister Warns
Pakistan's Finance Minister, Muhammad Aurangzeb, forewarned 'transitional pain' as the nation embarks on its 25th IMF program ...
bolnews
10h
IMF MD says package will help Pakistan in economic recovery & inclusive growth
IMF MD says package for Pakistan aims to assist the country in economic recovery, reduce inflation, create jobs, and foster ...
Malaysia Sun
9h
Pakistan requests IMF to provide additional USD 1.5 billion loan to combat climate change
Pakistan has requested the International Monetary Fund (IMF) to provide an additional USD 1.5 billion loan to tackle the ...
1d
on MSN
IMF approves $7 billion loan for Pakistan, which will get $1 billion immediately
The executive board of the International Monetary Fund has approved a new $7 billion loan for cash-strapped Pakistan, ...
Opinion
10h
Opinion
Mint Quick Edit | Pakistan's IMF bailout No. 24 and loan addiction
The International Monetary Fund has approved an “extended fund facility” worth $7 billion for Pakistan, its 24th bailout ...
Business Recorder
16h
PM Shehbaz engages World Bank, IMF leaders on Pakistan’s economic reforms
In high-profile meetings on the sidelines of the United Nations General Assembly (UNGA) in New York, Prime Minister Shehbaz ...
1d
on MSN
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 ...
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China
Saudi Arabia
International Monetary Fund
Shehbaz Sharif
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