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Tag: International Monetary Fund (IMF)

‘Good news’ soon for markets about restarting IMF program: SBP governor

'No disagreement on the end goal between the two sides'

FBR refutes statements on economic team-IMF talks, says process ongoing    

Federal Board of Revenue (FBR) spokesman on Wednesday denied giving any inputs to media regarding the ongoing talks between the government's economic team with the International Monetary Fund (IMF) delegation visiting Pakistan.

‘IMF’s official’ Murtaza Syed appointed as deputy governor SBP

Murtaza Syed is currently the second such appointment at the top hierarchy of the SBP after the incumbent state bank's Governor Reza Baqir had also served for the international financial body-IMF.

IMF package meant for reforms to stabilize economy: IMF official

IMF resident representative in Islamabad Teresa Daban Sanchez talking to newsmen here said that the IMF programme will ensure stability of growth rate in Pakistan.

IMF board to approve bailout package for Pakistan on July 03

Adviser to Prime Minister on Finance and Revenue Dr Hafeez Shaikh will proceed to Washington along with his financial team to sign agreement with the IMF.

Finance Adviser to give briefing on talks with IMF this evening

Pakistan and the IMF have reached to an agreement over several key issues including leaving value of the rupee to be determined by the market, hike in interest rate, withdrawal of tax concessions, increase in tax recoveries, hike in electricity and gas tariffs, according to the sources.

Govt submits budget working paper to IMF, suggests 750 bln new taxes

In the upcoming budget the government will likely to announce Rs. 750 billion's new taxes, the working paper suggests.

Hafeez Shaikh says issued directives for new budget preparation

Shaikh said that Pakistan intends to move ahead the negotiations with the IMF. The IMF has assured to send its delegation to Pakistan, he further said.

Pakistan, IMF arrive at consensus over financial package: Asad Umar

A mission of the IMF will reach Pakistan in the last week of April and the financial bailout package will be finalized on arrival of the delegation, Umar told a session of the National Assembly's standing committee on finance today.

Pakistan economy grow by 2.5% till Year 2024: IMF says in its outlook

In its flagship World Economic Outlook, the IMF projects mid-term growth prospects for Pakistan to remain subdued at 2.5 percent by 2024.

Artificially maintaining high value of rupee damaged economy: Asad Umar

"We have not spoken to the International Monetary Fund regarding the exchange rate level," he clarified.

IMF and Pakistan to hold decisive talks on bailout package this month: sources

ISLAMABAD: Pakistan and the International Monetary Fund (IMF) will soon reach to an agreement over the bailout package, sources at the Finance Ministry here...

IMF likely to extend $12 billion bailout to Pakistan soon: Fitch ratings

KARACHI: The International Monetary Fund (IMF) and Pakistan will soon reach to a bailout deal with a potential size of $12 billion, Fitch Solutions...

Pakistan soon to sign agreement with IMF: Asad Umar

The government will try to ensure this deal with the IMF remains Pakistan's last bailout from the monetary fund

PM Khan to meet IMF chief in Dubai today

Pakistan is seeking its 13th bailout since the late 1980s to deal with a current account deficit

Global debt hikes to all-time high of $184 trillion : IMF

WASHINGTON: The global debt has reached to an all-time high of $184 trillion, the International Monetary Fund (IMF) said in a recent update of its...

Successful talks for IMF package to reduce Pakistan’s external financing risks: Moody’s

KARACHI: Successful negotiations for a new International Monetary Fund programme would reduce external financing risks for Pakistan, credit rating agency Moody’s said in its...

Government probable to hike power & gas tariff- IMF Talks

ISLAMABAD: Pakistani officials and International Monetary Fund (IMF) are expected to discuss in second round of talks today (Tuesday) in Islamabad in order to...

IMF predicted inflation rate to strike at 14% by June 2019

ISLAMABAD: The International Monetary Fund (IMF) has predicted that the standard inflation rate in Pakistan may strike to 14% by June 2019, such inflation rate...

Azerbaijan proposed open oil credit facility worth $100 Mn to Pakistan

ISLAMABAD: Pakistan is offered by Azerbaijan to attain an open credit line worth $100 million for the purchase of petroleum related goods, without any superior...
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