ISLAMABAD: An emergent meeting of the Board of Directors has been scheduled for January 19, 2024, to assess the progress of the delisting proceedings of Pak Suzuki Motor Company Limited …
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Economy
Pakistan is set to receive $700 million from IMF on 12th of January, a day after board’s meeting
The ongoing SBA program is set to expire on April 14, 2024.
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Economy
IMF board takes up for approval $3 billion Standby Arrangement for Pakistan today
by Hamza Irshadby Hamza IrshadISLAMABAD: The executive board of the International Monetary Fund is set to approve a $3 billion standby arrangement for Pakistan on Wednesday. According to Pakistani Standard Time (PST), the IMF …
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EconomyLatest Updates
IMF support to save Pakistan from default but political tension can damage the economy: Report
by Umar Sohailby Umar SohailIMF executive board is holding its meeting today (Aug 29) in Washington to consider for approval resumption of loan to Pakistan.
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EconomyLatest Updates
IMF board to approve Pakistan’s loan on Aug 29: Miftah Ismail
by Umar Sohailby Umar SohailMiftah said the disbursement of IMF loan will pave the way for economic stability in the country.
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EconomyLatest Updates
IMF links board meeting in August with $4 billion financing assurance
by Umar Sohailby Umar SohailUnder the deal with the IMF, the government has to gradually increase PDL on oil products to a maximum of Rs50 per litre to collect Rs855 billion during the current …
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EconomyLatest Updates
IMF board will meet in next 3-6 weeks to approve $1.17 billion disbursement for Pakistan: Gerry Rice
by Umar Sohailby Umar SohailRice said the disbursement will occur “pretty much straight away”, and confirmed that this will bring total disbursements from the IMF to Pakistan under the ongoing programme to $4.2 billion.
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EconomyLatest Updates
Pakistan to obtain $10 billion loans in 2022-23 after getting loan approval from IMF
by Umar Sohailby Umar SohailFinance Minister Miftah Ismail said that Pakistan was expecting $9 billion as budgetary/project loans and there would be a separate amount from the IMF as well.