Pakistan Plans New Trading Platform for Spot Transactions
Karachi, July 19, 2023 – Pakistan is set to establish a new trading platform for spot exchange rate transactions, as part of its commitment to the International Monetary Fund (IMF).
Karachi, July 19, 2023 – Pakistan is set to establish a new trading platform for spot exchange rate transactions, as part of its commitment to the International Monetary Fund (IMF).
Karachi, July 19, 2023 – The Federal Board of Revenue (FBR) in Pakistan is mandated to share data on the total number of large taxpayers in the country with the International Monetary Fund (IMF).
Karachi, July 18, 2023 – International Monetary Fund (IMF) issued a warning on Tuesday, stating that Pakistan faces complex and multifaceted economic challenges, with risks that are exceptionally high.
Islamabad, July 13, 2023 – The International Monetary Fund (IMF) has transferred $1.2 billion to the State Bank of Pakistan (SBP) as part of a total of $3 billion approved by the IMF board. The remaining balance of $1.8 billion will be provided after two upcoming reviews scheduled for November 2023 and February 2024.
Washington, DC, July 12, 2023 – In a move to bolster Pakistan economic stabilization efforts, the Executive Board of the International Monetary Fund (IMF) has granted its approval for a nine-month Stand-By Arrangement (SBA) worth SDR2,250 million (equivalent to approximately $3 billion or 111 percent of quota).
Karachi, July 1, 2023: Pakistani businessmen have expressed their appreciation for the recent loan agreement between Pakistan and the International Monetary Fund (IMF).
Islamabad, June 30, 2023: Prime Minister Shehbaz Sharif announced on Friday that Pakistan has reached a Staff-Level Agreement with the International Monetary Fund (IMF) on a nine-month US$3 billion Stand-By Arrangement (SBA).
Karachi, June 30, 2023: Pakistan’s new standby arrangement (SBA) with the International Monetary Fund (IMF) has surpassed expectations, according to analysts at Topline Research.
Islamabad, June 30, 2023: Pakistan has secured a crucial $3 billion bailout package from the International Monetary Fund (IMF) as the country grapples with economic challenges and external shocks.
Islamabad, June 28, 2023: Minister for Finance, Senator Mohammad Ishaq Dar, expressed optimism regarding the ongoing negotiations between Pakistan and the International Monetary Fund (IMF), stating that positive news would be announced soon.