IMF Bailout Package ISLAMABAD: Pakistan is gearing up to formally request a larger and extended bailout package from the International Monetary Fund (IMF) under the Extended Fund Facility (EFF). According …
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IMF Bailout package
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Pakistan’s year-on-year Consumer Price Index (CPI) inflation rate has surged to 31.4%, rising from 27.4% in August, as indicated by data from the Pakistan Bureau of Statistics (PBS). This increase …
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Economy
Argentina obtains $7.5 billion bailout package from IMF to avert default
by Hamza Irshadby Hamza IrshadArgentina obtains a $7.5 billion bailout package Argentina obtained a $7.5 billion bailout package from the IMF to avert default. After Sri Lanka and Pakistan, Argentina is the third country …
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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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ArticlesEconomyLatest Updates
‘Only an IMF bailout can save Pakistan now’
by Hamza Irshadby Hamza IrshadThe Pakistani rupee’s 14 per cent precipitous fall since last Thursday has raised fears that Pakistan may be the next emerging market to default. The currency hit this all-time low …