IMF, WTO call for lifting restriction on medical supplies

KARACHI: Kristalina Georgieva, Manaing Director, International Monetary Fund (IMF) and Roberto Azevêdo, Director General, World Trade Organization on Friday jointly called for governments to refrain from imposing export and other trade restrictions... Read more »

SBP receives $1.39 billion from IMF under Rapid Financing Instrument

KARACHI: State Bank of Pakistan (SBP) on Wednesday said that it has received $1.39 billion from International Monetary Fund (IMF) under Rapid Financing Instrument program to fight against COVID-19. The Executive Board... Read more »

IMF approves $1.38 billion for Pakistan to address economic impact of COVID-19 shock

KARACHI:  The Executive Board of the International Monetary Fund (IMF) approved the disbursement of $1.386 billion under the Rapid Financing Instrument to address the economic impact of the Covid-19 shock, according to... Read more »

Pakistan seeks $1.4 billion additional IMF loan

ISLAMABAD: Pakistan has initiated negotiations with the International Monetary Fund (IMF) for an additional grant of $1.4 billion on fast track basis. Read more »

IMF board to decide $450 million disbursement to Pakistan in April

KARACHI: The Executive Board of the International Monetary Fund (IMF) will decide disbursement of $450 million in early April 2020, a statement said on Thursday. Read more »

Fiscal reforms to help Pakistan generate funding to meet SDGs targets: IMF official

KARACHI: The ongoing fiscal reform in Pakistan will help the country to generate funding to meet Sustainable Development Goals (SDGs) targets under the UN 2030 agenda, said Athanasios Arvanitis, Deputy Director of... Read more »

IMF acknowledges Pakistan’s reform program on track: finance ministry

ISLAMABAD: The ministry of finance has said that International Monetary Fund (IMF) has acknowledged Pakistan’s reform program on track and business and market confidence is returning. Read more »

FBR needs to collect Rs2,198 billion in first half of current fiscal year

KARACHI: Federal Board of Revenue (FBR) is required to collect Rs2,198 billion during first half of the current fiscal year as per revised performance criteria of International Monetary Fund (IMF). Read more »

IMF board approves $452.4 million as second tranche for Pakistan

KARACHI: International Monetary Fund (IMF) in its board meeting held on December 19, 2019 approved second tranche of about $452.4 million under its total $6 billion loan program for Pakistan. Read more »