IMF loan

Sri Lanka has decided to reduce the strength of its army by a third in phases. At present, total Sri Lankan army personnel are around 317,000 which will be slashed …

The International Monetary Fund (IMF) has not imposed any new restrictions on the agreement it reached with Pakistan at the staff level last week, according to Federal Minister for Planning …

The minister said that Pakistan has requested the Fund to extend the program by one year and provide an additional $2 billion.

Finance Minister Miftah Ismail said the government has decided to increase the price of petrol, diesel, kerosene oil, and light diesel by Rs30, effectively from May 27 (midnight of May …

Finance Ministry officials also claimed that the IMF has agreed to enhance loan for Pakistan from $6 billion to $8 billion.

Talks with IMF commence in Islamabad for another tranhce of over $ 1 billion with implementing harsh conditions of the fund like depreciation of rupee, increasing taxes on imports and …

KARACHI: Failing to meet the performance criteria set by the International Monetary Fund (IMF), the country ran a primary budget deficit of Rs653.6 billion in 2020-21, according to a summary …

The total amount of $650 billion will be distributed among member states in accordance with their quota of the Special Drawing Rights (SDRs). The break-up can bring about $2.7 billion …

The notification was issued on Friday.