IMF Archives - Page 10 of 21

Aurangzeb Briefs PM Shehbaz on Upcoming IMF Meeting

April 13, 2024April 13, 2024Faisal Shahnawaz

Finance Minister Muhammad Aurangzeb on Friday provided Prime Minister Muhammad Shahbaz Sharif with a comprehensive briefing on the impending meeting with the International Monetary Fund (IMF).

IMF Board to Decide on $1.1 Billion Tranche for Pakistan Late April

April 5, 2024April 5, 2024Shahnawaz Akhter

The International Monetary Fund (IMF) is poised to make a crucial decision regarding Pakistan’s financial assistance, with the Executive Board set to deliberate on the approval of a $1.1 billion tranche by the end of April.

Pakistan Shows Intention for New IMF Loan Program

April 4, 2024April 4, 2024Mrs. Anjum Shahnawaz

Islamabad, April 4, 2024 – Pakistan has expressed its intention to enter into another loan program with the International Monetary Fund (IMF) to strengthen and consolidate its economy.

IMF and Pakistan Reach Agreement for $1.1 Billion Tranche

March 20, 2024March 20, 2024Faisal Shahnawaz

Karachi, March 20, 2024 – Pakistan has reached a significant milestone in its economic partnership with the International Monetary Fund (IMF), as both parties have reached a staff-level agreement (SLA) for the second and final review under the Stand-By Arrangement (SBA).

IMF Initiates Investigation into Cyber-Security Incident

March 15, 2024March 15, 2024Hamza Shahnawaz

Washington, DC, March 15, 2024 – The International Monetary Fund (IMF) has confirmed the occurrence of a cyber-security incident, which was detected on February 16, 2024.

Caretaker PM Kakar Disapproves of PTI’s IMF Letter

February 28, 2024February 28, 2024Mrs. Anjum Shahnawaz

Islamabad, February 28, 2024 – In a televised appearance on Wednesday, Caretaker Prime Minister Anwaar-ul-Haq Kakar expressed strong disapproval of the Pakistan Tehreek-e-Insaf (PTI) leadership’s recent political move – writing a letter to the International Monetary Fund (IMF).

Fresh IMF Program and Budget Pose Challenges for New Govt

February 11, 2024February 11, 2024Shahnawaz Akhter

February 11, 2024 – In the aftermath of Pakistan’s General Elections on February 8, 2024, analysts at Arif Habib Limited are highlighting the formidable challenges facing the new government, particularly in negotiating a new loan program with the International Monetary Fund (IMF) and formulating the budget for the fiscal year 2024-25.

Pakistan Set to Launch Online FX Trading Platform by Month-End

January 22, 2024January 22, 2024Shahnawaz Akhter

Karachi, January 22, 2024 – In a strategic move, Pakistan has announced its plans to introduce an online trading platform for foreign exchange by the end of January 2024, marking a significant step toward enhancing transparency and efficiency in the country’s FX market.

IMF Urges Pakistan to Avoid Forex Restrictions for Stability

January 21, 2024January 21, 2024Shahnawaz Akhter

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.

Pakistan Set to Enhance Tax Rates for Additional Revenue

January 20, 2024January 20, 2024Shahnawaz Akhter

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.

Tag: IMF