IMF, Pakistan wrap up unscheduled talks on $7 bln bailout
1 day ago · The unusual visit from Nov 12 to Nov 15 discussed a $7-billion bailout within six weeks of its approval by the IMF board, but came too early for the first review of the Extended Fund Facility (EFF ...
IMF, Pakistan Wrap up Unscheduled Talks on $7 Billion Bailout
1 day ago · REUTERS/Yuri Gripas/File Photo. WASHINGTON (Reuters) - The International Monetary Fund (IMF) said on Friday it held constructive talks with authorities in Pakistan on economic policy and reform ...
IMF Points Out Concerns In Implementing $7 Billion Loan Package In Pakistan
22 hours ago · The IMF pointed out multiple challenges in implementing the $7 billion loan package in Pakistan. The global lender said that the country’s tax shortfall and delay in materialising foreign loans are the primary obstacles to implementing the loan, along with other factors. The International Monetary ...
IMF’s Pakistan mission chief meets finance minister Aurangzeb to ...
4 days ago · The unscheduled visit of the IMF mission chief comes four months ahead of the first review under the new $7 billion Extended Fund Facility (EFF) granted to Pakistan by the global lender in September.
IMF approves $7bn loan to Pakistan - BBC News
26 September 2024. The International Monetary Fund (IMF) has approved a $7bn (£5.25bn) loan to cash-strapped Pakistan. The country is due to receive the first $1bn of the loan immediately, with...
The IMF approves a $7 billion loan for Pakistan, which will get $1 ...
Sep 26, 2024 · ISLAMABAD (AP) — The executive board of the International Monetary Fund has approved a new $7 billion loan for cash-strapped Pakistan, authorities said Wednesday, more than two months after the two sides said they had reached an agreement.
Pakistan: IMF Reaches Staff-Level Agreement on the Second and …
Mar 20, 2024 · IMF staff and the Pakistani authorities have reached a staff-level agreement on the second and final review under Pakistan’s Stand-By Arrangement, subject to the approval of the IMF’s Executive Board. Upon approval, Pakistan will have access to …
Pakistan: IMF Reaches Staff-Level Agreement on Economic …
Jul 12, 2024 · Building on the economic stability achieved under the 2023 Stand-by Arrangement (SBA), IMF staff and the Pakistani authorities have reached a staff-level agreement on a 37-month Extended Fund Facility Arrangement (EFF) of about US$7 billion.
Pakistan’s latest record-breaking, reality-denying IMF program
Jul 22, 2024 · According to the IMF, for each of the next five years, Pakistan owes the world an average of $19bn in principal repayments, or more than half of its export revenues.
IMF Reaches Staff-level Agreement with Pakistan on a US$3 …
Jun 29, 2023 · The IMF staff and the Pakistani authorities have reached a staff-level agreement on policies to be supported by a Stand-By Arrangement (SBA). The staff-level agreement is subject to approval by the IMF Executive Board, with its consideration expected by mid-July.