Search For "international monetary fund"
After fuel, electricity prices hiked in Pakistan
Updated : 3 hours, 38 min ago IST
Islamabad [Pakistan], May 27 (ANI): Ceding to the demands of the International Monetary Fund for the release of USD 1 billion tranche of loan, the Pakistani government led by Prime Minister Shehbaz Sharif has decided to hike the electricity prices by Rs 7 besides privatization of profitable
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Pakistan:Fault lines visible in Shehbaz govt as PML-N calls for immediate
Updated : 8 hours, 24 min ago IST
Islamabad [Pakistan], May 27 (ANI): A faction of Pakistan Muslim League-Nawaz (PML-N) has shown its support for holding an immediate election in the country and expressed that if prices of petroleum products are hiked to meet the latest International Monetary Fund (IMF) demand it will dent t
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Extended Fund Facility programme: Pakistan government fails to persuade IM
Updated : 17 hours, 34 min ago IST
Islamabad [Pakistan], May 26 (ANI): The talks between Pakistan and the International Monetary Fund (IMF) for the 7th review under the USD 6 billion Extended Fund Facility (EFF) programme were delayed as they didn't reach any staff-level agreement.
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Ongoing bailout deal with IMF 'outdated': Pak Foreign Minister Bilawal
Updated : 21 hours, 3 min ago IST
Islamabad [Pakistan], May 26 (ANI): With the blame game still on between the present and former governments in Pakistan over the ongoing economic crisis in the country, Foreign Minister Bilawal Bhutto called the ongoing bailout deal with International Monetary Fund outdated, reported The New
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Economic crisis: Talks between Sri Lanka, IMF to conclude on May 24
Updated : 6 days, 4 hours ago IST
Colombo [Sri Lanka], May 21 (ANI): The ongoing discussion between International Monetary Fund (IMF) and Sri Lanka, to help mitigate the economic situation will conclude on May 24, local media reported on Saturday.
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Pak government agrees on implementing IMF demands
Updated : 6 days, 18 hours ago IST
Islamabad [Pakistan], May 20 (ANI): Reeling under an adverse economic crisis, the Pakistan incumbent government has finally agreed on implementing most of the demands laid out by the International Monetary Fund (IMF), in order to receive the next IMF loan tranche.
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Pakistan engages in talks with IMF over economic crunch
Updated : 1 week, 1 day ago IST
Islamabad [Pakistan], May 18 (ANI): Battling an acute economic crunch, the Pakistan government has begun engaging in talks with the International Monetary Fund (IMF) in the Qatari capital Doha on Wednesday over the release of crucial funds. The talks are expected to continue even in the next
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Pakistan: Oil, eatable import bill spiked to USD 24.77 billion
Updated : 1 week, 5 days ago IST
Islamabad [Pakistan], May 15 (ANI): Pakistan's oil and eatable import bill surged by 58.98 per cent to USD 24.77 billion in the months of July and April even the country battles a fast declining economy, owing to an increase in international prices and a massive depreciation of the rupee.
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Pak govt mulls over withdrawing subsidy on petroleum products ahead of IMF
Updated : 1 week, 5 days ago IST
Islamabad [Pakistan], May 15 (ANI): Pakistan Prime Minister Shehbaz Sharif-led government is likely to gradually abolish subsidies on petrol and with this, there will be an increase in the prices of petroleum products for the next fortnight.
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Pakistan government to hike power tariffs by Rs 7.14 per unit
Updated : 1 week, 6 days ago IST
Islamabad [Pakistan], May 14 (ANI): Amidst a devastating power crunch in Pakistan, the Pakistan government has decided to gradually revive the stalled International Monetary Fund(IMF) programme by raising the electricity tariffs along with hiking the petrol prices.
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Ranil Wickremesinghe exudes confidence of IMF helping Sri Lanka during eco
Updated : 1 week, 6 days ago IST
Colombo [Sri Lanka], May 13 (ANI): Assuring the countrymen of uplifting the country's economy, newly-appointed Sri Lanka's Prime Minister Ranil Wickremesinghe on Thursday exuded confidence of International Monetary Fund (IMF) helping the Island nation during its worst economic crisis.
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Pakistan's foreign exchange reserves hit all-time low since December 2019
Updated : 2 weeks ago IST
Karachi [Pakistan], May 13 (ANI): Trade deficits and increasing current account coupled with dried up dollar inflows, and external debt payments have resulted in an alarming dip in Pakistan's foreign exchange reserves, plunging to a record low since December 2019.
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