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Tag: International Monetary Fund

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IMF Flags High Economic Risks in Pakistan Amid Uncertainty

May 10, 2024May 10, 2024Shahnawaz Akhter

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 04

State Bank of Pakistan Receives $1.1 Billion from IMF

April 30, 2024May 30, 2026Shahnawaz Akhter

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 02

IMF Approves $1.1 Billion Immediate Disbursement to Pakistan

April 30, 2024April 30, 2024Mrs. Anjum Shahnawaz

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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Pakistan IMF

PM Shehbaz and IMF MD Discuss New Loan Program

April 28, 2024April 28, 2024Mrs. Anjum Shahnawaz

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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IMF 02

IMF Opens New Regional Office in Saudi Arabia

April 24, 2024April 24, 2024Faisal Shahnawaz

The International Monetary Fund (IMF) is set to enhance its partnership across the Middle East with the inauguration of a new regional office in Riyadh, Saudi Arabia.

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Pakistan IMF

Pakistan Anticipates New IMF Loan Deal by June-end

April 18, 2024April 18, 2024Shahnawaz Akhter

Pakistan is poised to secure a new loan deal with the International Monetary Fund (IMF) by the end of June or early July, according to the country’s Finance Minister for Finance and Revenue, Muhammad Aurangzeb.

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IMF 02

IMF Estimates 2% GDP Growth for Pakistan in FY24

April 17, 2024April 17, 2024Mrs. Anjum Shahnawaz

Islamabad, April 16, 2024 – The International Monetary Fund (IMF) has released its latest report, projecting a two per cent GDP growth rate for Pakistan in the current fiscal year FY24, a significant improvement from the -0.2 per cent recorded in FY23.

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Pakistan IMF

Pakistan Engages in Talks with IMF for New Loan Agreement

April 16, 2024April 16, 2024Mrs. Anjum Shahnawaz

Pakistan has commenced discussions with the International Monetary Fund (IMF) regarding a new multi-billion dollar loan agreement aimed at supporting its economic reform program, announced Muhammad Aurangzeb, the Federal Minister for Finance and Revenue.

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Pakistan IMF

Pakistani Delegation Embarks on IMF Talks for New Loan Program

April 14, 2024April 14, 2024Mrs. Anjum Shahnawaz

Islamabad, April 14, 2024 – A delegation led by Finance Minister Muhammad Aurangzeb set off for Washington on Sunday to engage in discussions with the International Monetary Fund (IMF) regarding a new loan program aimed at bolstering Pakistan’s economic stability.

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IMF 02

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.

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