pm shehbaz sharif
The Ministry of Finance briefed Prime Minister Shehbaz Sharif regarding the ongoing talks with the International Monetary Fund (IMF) on Monday. According to a statement released by the Prime Minister’s Office (PMO), PM Shehbaz chaired a meeting to review the country’s economic situation. The meeting was briefed on
IMF
ISLAMABAD: Negotiations between Pakistan and the International Monetary Fund (IMF) continued for the fourth consecutive day, with Pakistan’s economic team expressing optimism regarding the discussions. Minister of State for Finance Ali Pervaiz Malik, in an exclusive conversation with Samaa TV, stated that talks are moving in a positive direction.
IMF
Pakistan on Friday received the first tranche of its $7 billion loan from the International Monetary Fund (IMF), amounting to $1.02 billion. The funds have been transferred to the State Bank of Pakistan (SBP), providing a significant boost to the country’s foreign exchange reserves. With this infusion, the
pakistan
Finance Minister Muhammad Aurangzeb claims that all matters with the International Monetary Fund (IMF) have been resolved smoothly. In a statement, the minister said Pakistan was moving towards development after achieving economic stability. The finance minister expressed gratitude for Prime Minister Muhammad Shehbaz Sharif’s team, the IMF negotiating team,
IMF
ISLAMABAD, Sep11: The Punjab government has rescinded a 14-rupee per unit electricity subsidy for Islamabad consumers, following pressure from the International Monetary Fund (IMF). As a result, federal area residents will not receive this subsidy on their September utility bills. According to a notification from Islamabad Electric Supply Company (IESCO)
IMF
Pakistan on Friday reached a staff-level agreement with the IMF for a new $7 billion loan with the International Monetary Fund (IMF) to support its economy as well as deal with its debts. Earlier this year, the IMF approved the immediate release of the final $1.1 billion tranche of
IMF
Virtual discussions between officials from the Finance Ministry and the International Monetary Fund (IMF) mission took place on Tuesday evening, focusing on critical issues of external financing and revenue generation. Despite the ongoing negotiations, no deadline has been established for the approval of the loan by the IMF’s Executive
IMF
ISLAMABAD, Sep 03:The International Monetary Fund (IMF) has rejected the proposal to provide subsidies on electricity bills, warning that such measures could jeopardize Pakistan's ongoing loan program. According to sources within the Ministry of Finance, the IMF has taken a firm stance, asserting that neither the central
moody's
Moody's Ratings has upgraded Pakistan's local and foreign currency issuer and senior unsecured debt ratings from CAA3 to CAA2, while changing the country's outlook from stable to positive. This decision reflects the country's improving macroeconomic conditions and moderately better government liquidity and
paksaudi
Pakistan has asked Saudi Arabia to extend its support by providing an additional $1.5 billion loan on top of the existing $5 billion loan portfolio. This extra funding is crucial for meeting the external financing requirements needed to secure a 37-month bailout package from the International Monetary Fund (IMF)
IMF
ISLAMABAD, Aug 06: Federal Finance Minister Muhammad Aurangzeb announced that the International Monetary Fund (IMF) Executive Board is expected to approve the staff-level agreement with Pakistan by the end of this month. Speaking at an event in Islamabad, Aurangzeb highlighted that Pakistan is one of the countries severely affected by
IMF
ISLAMABAD, July 16:- Global rating agency Moody's has indicated that the new International Monetary Fund (IMF) program will significantly enhance Pakistan's funding prospects and provide reliable sources of financing. In its recent report on Pakistan's economy, Moody's stated that the IMF
Ali Pervez Malik
ISLAMABAD, July 03: The Minister of State for Finance, Ali Pervez Malik, has announced Pakistan's ambitious bid to secure a staff-level agreement with the IMF for a bailout package exceeding $6 billion by the end of this month. This move follows Pakistan's commitment to meeting all
IMF
LAHORE: Pakistan is on the brink of an unprecedented increase in petrol prices as the International Monetary Fund (IMF) recommends imposing a General Sales Tax (GST) alongside the existing petroleum levy on fuel products. According to media reports, this recommendation comes as part of broader IMF conditions aimed at securing
finance
Pakistan's Finance Minister, Muhammad Aurangzeb, painted a picture of a stabilizing economy during his visit to Washington. He addressed the Atlantic Council, highlighting positive trends in GDP growth, particularly within the agriculture sector (5%) and the services sector. Aurangzeb claimed significant progress has been made this year. Pakistan
tax evasion
ISLAMABAD, Mar 27: The International Monetary Fund (IMF) has urged the current government to implement an automatic track and trace system, emphasizing the need to seal units not included in the system. According to media reports, sources within the Ministry of Finance revealed that the IMF has expressed dissatisfaction with