Islamabad: Finance Minister Muhammad Aurangzeb has announced that the size of the new International Monetary Fund (IMF) Extended Fund Facility (EFF) for Pakistan will be determined within a week.
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Pakistan Seeks Bigger Bite of IMF Apple: Requests $10 Billion
Islamabad, July 2, 2024 – Pakistan has requested the International Monetary Fund (IMF) to expand its proposed bailout package to $10 billion, citing the country’s deteriorating economic conditions.
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IMF and WB Group Announce Joint Bretton Woods at 80 Initiative
WASHINGTON, July 1, 2024 – In recognition of the 80th anniversary of the United Nations Monetary and Financial Conference, also known as the Bretton Woods Conference, the International Monetary Fund (IMF) and the World Bank (WB) Group today announced the launch of a new initiative.
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Aurangzeb Confident of Securing Major IMF Bailout
Finance Minister Muhammad Aurangzeb expressed optimism on Sunday about Pakistan’s prospects of securing a new bailout from the International Monetary Fund (IMF). This comes after President Asif Ali Zardari approved a tax-intensive budget for the upcoming fiscal year starting July 1.
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IMF Hails Pakistan for Tough Measures in 2024-25 Budget
ISLAMABAD, June 22, 2024 – The International Monetary Fund (IMF) has commended Pakistan for its stringent economic decisions embedded in the 2024-25 budget.
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Pakistan Plans Fairer Taxation to Boost Revenue: IMF
Islamabad, May 27, 2024 – The International Monetary Fund (IMF) has announced that Pakistan is implementing fairer taxation policies aimed at boosting domestic revenue.
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IMF Flags High Economic Risks in Pakistan Amid Uncertainty
Karachi, May 10, 2024 – The International Monetary Fund (IMF) on Friday issued a warning that Pakistan faces “exceptionally high” downside risks to its economic stability.
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State Bank of Pakistan Receives $1.1 Billion from IMF
Karachi, April 30, 2024 – The State Bank of Pakistan (SBP) confirmed receiving $1.1 billion from the International Monetary Fund (IMF) on Tuesday.
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IMF Approves $1.1 Billion Immediate Disbursement to Pakistan
Washington, DC – April 29, 2024 – In a significant boost for Pakistan’s economic stability, the Executive Board of the International Monetary Fund (IMF) approved an immediate disbursement of $1.1 billion.
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PM Shehbaz and IMF MD Discuss New Loan Program
Riyadh, April 28, 2024 — In a significant step toward securing financial stability for Pakistan, Prime Minister Shehbaz Sharif met with International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Sunday to discuss a new loan program.
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