world trade

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 on key medical supplies and food and to quickly lift those put in place since the start of the year. Statements issued by […]

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IMF Pakistan

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. The IMF issued the press release stating: “Following discussions between International Monetary Fund (IMF) staff and the Pakistani authorities in Islamabad from February 3-13, which continued from the IMF headquarters […]

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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 the International Monetary Fund (IMF). Referring to the IMF program with Pakistan, Arvanitis remarked that it is important for the government to focus […]

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finance ministry

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. In a statement on Sunday, the finance ministry highlighted IMF Board Assessment key economic performance indicators. It said that on the completion of first review of Pakistan’s economic performance, […]

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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). The revenue collecting agency has failed to achieve the first quarter performance criteria. According to Country Report Pakistan released by IMF on Monday the actual […]

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