Karachi, July 19, 2023 – Pakistan is set to establish a new trading platform for spot exchange rate transactions, as part of its commitment to the International Monetary Fund (IMF).
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FBR Obliged to Share Large Taxpayers’ Data with IMF
Karachi, July 19, 2023 – The Federal Board of Revenue (FBR) in Pakistan is mandated to share data on the total number of large taxpayers in the country with the International Monetary Fund (IMF).
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IMF Warns of Exceptionally High Economic Risks in Pakistan
Karachi, July 18, 2023 – International Monetary Fund (IMF) issued a warning on Tuesday, stating that Pakistan faces complex and multifaceted economic challenges, with risks that are exceptionally high.
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IMF Transfers $1.2 Billion to State Bank of Pakistan under Stand-By Agreement
Islamabad, July 13, 2023 – The International Monetary Fund (IMF) has transferred $1.2 billion to the State Bank of Pakistan (SBP) as part of a total of $3 billion approved by the IMF board. The remaining balance of $1.8 billion will be provided after two upcoming reviews scheduled for November 2023 and February 2024.
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PM Sharif Hails Approval of IMF Bailout Package as a Milestone for Pakistan
Islamabad, July 13, 2023 – Prime Minister Shehbaz Sharif has lauded the approval of a Stand-by Agreement totaling three billion dollars by the Executive Board of the International Monetary Fund (IMF) as a significant achievement.
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IMF Board Greenlights $3 Billion Stand-By Arrangement for Pakistan
Washington, DC, July 12, 2023 – In a move to bolster Pakistan economic stabilization efforts, the Executive Board of the International Monetary Fund (IMF) has granted its approval for a nine-month Stand-By Arrangement (SBA) worth SDR2,250 million (equivalent to approximately $3 billion or 111 percent of quota).
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Pakistan Signs Letter of Intent for $3 Billion IMF Loan
Islamabad: In a significant development, Pakistan signed a Letter of Intent (LOI) on Saturday, signaling its intention to obtain a nine-month, $3 billion loan program from the International Monetary Fund (IMF).
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Pakistani Business Community Applauds IMF Agreement for Economic Stability
Karachi, July 1, 2023: Pakistani businessmen have expressed their appreciation for the recent loan agreement between Pakistan and the International Monetary Fund (IMF).
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IMF Assistance to Address Pakistan’s Immediate Financial Challenges, APTMA Says
Islamabad, June 30, 2023: In a recent announcement, the All Pakistan Textile Mills Association (APTMA) highlighted the crucial support provided by the International Monetary Fund (IMF) to address Pakistan’s immediate financial challenges.
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New IMF Agreement to Strengthen Pakistan’s Economy, says PM Sharif
Islamabad, June 30, 2023: Prime Minister Shehbaz Sharif announced on Friday that Pakistan has reached a Staff-Level Agreement with the International Monetary Fund (IMF) on a nine-month US$3 billion Stand-By Arrangement (SBA).
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