IMF Archives - Page 14 of 21

IMF needs external financing assurances to Pakistan for taking next step

March 24, 2023March 24, 2023Mrs. Anjum Shahnawaz

International Monetary Fund (IMF) is needed assurances of external financing to Pakistan as the required huge external financing.

IMF board agrees on need to develop regulations for crypto assets

February 24, 2023November 17, 2024Faisal Shahnawaz

The executive board of the International Monetary Fund (IMF) agreed on the need to develop and apply comprehensive regulations, including prudential and conduct regulation to crypto assets.

Mini budget to be presented before parliament for approval: Dar

February 10, 2023February 10, 2023Mrs. Anjum Shahnawaz

ISLAMABAD: The government will present a mini budget in coming days before the parliament for approval to comply with generating additional tax revenue.

Pakistan set to meet tough IMF conditions

January 19, 2023January 19, 2023Mrs. Anjum Shahnawaz

ISLAMABAD: Pakistan is set to meet tough conditions set by the International Monetary Fund (IMF) to continue loan program under Extended Fund Facility (EFF).

Pakistan reaffirms commitment to complete IMF program

November 17, 2022November 17, 2022Mrs. Anjum Shahnawaz

ISLAMABAD: Pakistan on Thursday reaffirmed commitment to complete the loan program under International Monetary Fund (IMF). The resolve has been expressed at an online meeting of Finance Minister Ishaq Dar with Nathan Porter, IMF Mission Chief for Pakistan. The two sides discussed the progress made with the ongoing IMF program, particularly the impact of floods […]

Pakistan receives $1.16 billion from IMF

August 31, 2022August 31, 2022Mrs. Anjum Shahnawaz

KARACHI: The State Bank of Pakistan (SBP) on Wednesday received $1.16 billion from International Monetary Fund (IMF) under Extended Fund Facility. SBP in a Tweet said that it had received proceeds of $1.16 billion (equivalent of SDR 894 million) after the IMF Executive Board completed the combined seventh and Eight review under the EFF for […]

IMF board allows $1.1 billion disbursement for Pakistan

August 30, 2022August 30, 2022Mrs. Anjum Shahnawaz

Washington, DC: Pakistan will get around $1.1 billion from the International Monetary Fund (IMF) after its executive board on Monday allowed immediate disbursement. The Executive Board of the International Monetary Fund (IMF) completed today the combined seventh and eighth reviews of the Extended Arrangement under the Extended Fund Facility (EFF) for Pakistan. The Board’s decision […]

Pakistani rupee overshoots temporarily: FinMin, SBP

August 1, 2022August 1, 2022Faisal Shahnawaz

KARACHI: The Pakistani rupee has overshot temporarily but it is expected to appreciate in next few months, said a joint statement issued on Sunday late night by the Finance Ministry (FinMin) and the State Bank of Pakistan (SBP). According to the statement the rupee has overshot temporarily but it is expected to appreciate in line […]

Rupee fall to continue till IMF fund realization: Pakistan’s top bank

July 31, 2022July 31, 2022Hamza Shahnawaz

KARACHI: Pakistani Rupee likely to continue its falling spree until the country receives funds from the International Monetary Fund (IMF), according to an analyst briefing by the Habib Bank of Pakistan (HBL), the top bank of the country. “The bank management believes that the rupee would continue to depreciate until Pakistan receives $1.2 billion from […]

Fitch revises Pakistan’s outlook to negative

July 19, 2022July 28, 2025Hamza Shahnawaz

HONG KONG: Fitch Ratings on Monday revised Pakistan’s Outlook to Negative from Stable, while affirming its Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) at ‘B-‘.

Tag: IMF