Karachi, January 21, 2024 – The International Monetary Fund (IMF) has advised Pakistan to exercise caution and avoid imposing restrictions on foreign exchange, emphasizing the importance of supporting a return to a market-determined exchange rate.
(more…)Tag: IMF
-
Pakistan Set to Enhance Tax Rates for Additional Revenue
Karachi, January 20, 2024 – In a bid to generate additional tax revenue, Pakistan is gearing up to implement increased tax rates, as outlined in the country report on Pakistan issued by the International Monetary Fund (IMF) on Friday.
(more…) -
IMF Urges Pakistan to Boost Revenue from Non-Filers
Karachi, January 12, 2024 – The International Monetary Fund (IMF) has advised Pakistan to enhance revenue collection from non-filers to support social and development initiatives.
(more…) -
IMF Board Greenlights $700 Million Boost for Pakistan Economy
Karachi, January 11, 2024 – In a significant development, the Executive Board of the International Monetary Fund (IMF) has granted approval for an immediate disbursement of $700 million to Pakistan.
(more…) -
IMF Includes Pakistan in Executive Board Agenda on Jan 11
Karachi, January 2, 2024 – The International Monetary Fund (IMF) has scheduled Pakistan on its Executive Board agenda for January 11, 2024, as indicated on its updated website.
(more…) -
IMF Executive Board Boosts Access Limits Under PRGT
Washington, DC, December 15, 2023 – The International Monetary Fund (IMF) has taken a significant step to enhance support for its low-income member countries by temporarily increasing access limits under the Poverty Reduction and Growth Trust (PRGT).
(more…) -
Pakistan Optimistic About $1.5 Billion Inflows Soon After IMF Disbursement
Islamabad, November 24, 2023 – Pakistan is optimistic about receiving $1.5 billion in inflows from various donor agencies soon after the disbursement by the International Monetary Fund (IMF).
(more…) -
FPCCI Urges Government to Evolve Strategy to Get Rid of IMF
Karachi, November 16, 2023 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has called on the government to formulate a comprehensive strategy to emancipate itself from the International Monetary Fund (IMF).
(more…) -
IMF Reaches Agreement with Pakistan on First Review of $3 Billion Stabilization Program
Washington, DC, November 15, 2023 – The International Monetary Fund (IMF) disclosed on Wednesday that it has successfully reached a staff-level agreement (SLA) with Pakistani authorities on the first review of their stabilization program. The program, backed by the IMF’s $3 billion Stand by Arrangement (SBA), aims to bolster Pakistan’s economic stability.
(more…)