India’s Defence Minister Rajnath Singh has called on the IMF to reconsider its recent $1 billion loan to Pakistan, accusing Islamabad of using international funds to support terror activities. Pakistan …
IMF loan
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ISLAMABAD: Prime Minister Shehbaz Sharif has indicated that the new International Monetary Fund (IMF) program is likely to continue for three years, shedding light on the country’s economic trajectory. Speaking …
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International
India Seeks to Hinder IMF Loan for Pakistan, Raising Regional Tensions
by Hamza Irshadby Hamza IrshadIMF Loan As Pakistan seeks a new IMF loan program to address its financing needs of $6-8 billion, India has attempted to block the facility for Islamabad. India’s nominee, executive …
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Economy
Pakistan’s total debt and liabilities Increase by 29 percent in FY23
by Umar Sohailby Umar SohailKARACHI: Pakistan’s total debt and liabilities experienced a notable increase of 29% in the fiscal year 2023, reaching Rs77.104 trillion, up from Rs59.772 trillion in FY22, according to data released …
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InternationalLatest UpdatesNational
IMF Admits insufficient Aid to Pakistan in Wake of Devastating Flood
by Hamza Irshadby Hamza IrshadISLAMABAD: The International Monetary Fund (IMF) admits that that the aid provided to Pakistan after the devastating floods of the previous year was insufficient to effectively address the challenges posed …
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InternationalNationalPolitics
Pakistan Secures IMF Loan, unlocking an Additional $5.6 Billion in Funding
by Hamza Irshadby Hamza IrshadKARACHI: Pakistan is going to receive an extra $5.6 billion in financing following the approval of a loan from the International Monetary Fund (IMF). This development is consider crucial for …
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Latest UpdatesNational
President Arif Alvi Signs Finance Supplementary Bill
by Umar Sohailby Umar SohailDr. Arif Alvi signed the Finance (Supplementary) Bill 2023, also known as the mini-budget. The government hurried to meet the International Monetary Fund’s (IMF) requirements in order to receive an …
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EconomyLatest Updates
Initial Measures rolled out following one of IMF mission Talks
by Hamza Irshadby Hamza IrshadISLAMABAD: Government rolled out initial measures following the opening day of ‘make-or-break talks’ with the International Monetary Fund (IMF). While technical discussions on expenditure cuts and revenue measures would follow …
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Economy
Bangladesh obtains $4.7 billion loan from the IMF amid economic crisis
by Hamza Irshadby Hamza IrshadAccording to the IMF, the fund has approved loans of $4.7 billion to Bangladesh with immediate disbursement.
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EconomyLatest Updates
Govt ready to comply with IMF Demands for loan program Revival
by Hamza Irshadby Hamza IrshadISLAMABAD: The government has expressed its willingness to accept IMF conditions and requested the Fund to send its mission to Pakistan at the earliest, preferably next week, to conclude a …