IMF program is running and Pakistan is working under its directions fully to ruin itself its economy.
International Monetary Fund (IMF)
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EconomyLatest Updates
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EconomyLatest Updates
A Friend In Need is China Indeed: China funds to keep Pakistan on its feet while IMF imposes more conditions
by Hamza Irshadby Hamza IrshadChina supports Pak with $ 10.8bn, Saudi Arabia withdrew $3bn.
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EconomyInternationalLatest Updates
3 Heavy Inflows With 3-Eurobonds of $2.5bn Issued From international market
by Hamza Irshadby Hamza IrshadISLAMABAD: A day after ouster of Finance Minister Dr Abdul Hafeez Shaikh, the government raised $2.5 billion in three dollar bonds of five, 10 and 30 years from the international capital market …
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InternationalLatest Updates
IMF approves 5th Review with $500mn tranche with Conditions & Challenges
by Hamza Irshadby Hamza IrshadThe Pakistani authorities remain committed to ambitious policy actions and structural reforms to strengthen economic resilience, advance sustainable growth, and achieve the economic reform program medium-term objectives.
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EconomyInternational
IMF earmarks Rs200bn spending waiver for Pakistan to curb Covid
by Hamza Irshadby Hamza IrshadThe International Monetary Fund (IMF) has earmarked Rs200 billion spending waiver for Pakistan to fight against the coronavirus in the country. The amount is half of what remains in the …
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Economy
FBR Abolishing Corporate Income Tax Exemption as IMF Conditions
by Hamza Irshadby Hamza IrshadThe federal government has decided to abolish corporate income tax (CIT) exemption in compliance with International Monetary Fund (IMF) condition. The decision will be executed either via presidential ordinance or …
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Economy
IMF & Pak successfully complete review paving way for release of $500m
by Hamza Irshadby Hamza IrshadIMF Staff and Pakistan Reach Staff-Level Agreement on the Pending Reviews Under the Extended Fund Facility. IMF staff and the Pakistani authorities have reached an agreement on a package of …
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Part 2 of 2 Debt Relief COVID-19 has severely damaged the economies of both rich and poor countries, more so of the LICs, hampering their debt repayment capacity. Therefore, multi-lateral …
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When the government is an unmitigated disaster and the opposition a slow-motion trainwreck.
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International Monetary Fund (IMF) has predicted Pakistan’s GDP growth rate at 1.5% for the current fiscal year 2020-21 contrary to negative growth of 0.4% for the previous fiscal year 2019-20. …