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Pakistan to receive yet another loan from the IMF, $7 billion this time
5 months, 1 week ago

Pakistan to receive yet another loan from the IMF, $7 billion this time

Hindustan Times  

Pakistan and the IMF have agreed on a USD 7 billion aid package spread over more than three years to help the cash-strapped country deal with its chronic economic issues. A participant stands near a logo of IMF at the International Monetary Fund - World Bank annual meeting in Bali, Indonesia “Building on the economic stability achieved under the 2023 …

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Pakistan reaches new $7 bn loan deal with IMF
5 months, 1 week ago

Pakistan reaches new $7 bn loan deal with IMF

The Hindu  

Pakistan and the International Monetary Fund have agreed on a $7 billion aid package spread over more than three years to help the cash-strapped country deal with its chronic economic issues. “Building on the economic stability achieved under the 2023 Stand-by Arrangement, IMF staff and the Pakistani authorities have reached a staff-level agreement on a 37-month Extended Fund Facility Arrangement …

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IMF approves disbursal of $1.1 billion loan tranche to cash-strapped Pakistan
7 months, 3 weeks ago

IMF approves disbursal of $1.1 billion loan tranche to cash-strapped Pakistan

India TV News  

Washington: The International Monetary Fund has finally approved the immediate disbursement of the $1.1 billion loan tranche to cash-strapped Pakistan, marking the conclusion of the second economic bailout package, Dawn reported. The IMF reached a staff-level agreement with cash-strapped Pakistan for the release of a $1.1 billion tranche last month, noting that Pakistan's inflation was above target and economic growth …

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IMF Deadline Today: In Race for Survival, Will Pakistan Lock Lifeline Instalment or Face Economic Default?
1 year, 5 months ago

IMF Deadline Today: In Race for Survival, Will Pakistan Lock Lifeline Instalment or Face Economic Default?

News 18  

Pakistan is desperately looking for the International Monetary Fund to release the next instalment of its bailout loan worth US$1.1 billion, while the duration of the extended loan programme ends on Friday. An IMF bailout loan puts up specific conditions: strong structural reforms to address macroeconomic fundamentals like income, revenue, tax base and free market penetration are a must; policy …

Pakistan Economic Loan Review Covid Billion Instalment
IMF board approves $15.6bn Ukraine loan package
1 year, 8 months ago

IMF board approves $15.6bn Ukraine loan package

Al Jazeera  

Loan is part of a broader $115bn international support package to help the country meet urgent funding needs. It forms the IMF’s portion of a $115bn overall support package comprised of debt relief, grants and loans by multilateral and bilateral institutions, the organisation confirmed in a press conference Friday. The new four-year programme aims to “anchor macroeconomic and financial stability …

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International Monetary Fund revives Pakistan's EFF programme; approves $1.17bn bailout fund
2 years, 3 months ago

International Monetary Fund revives Pakistan's EFF programme; approves $1.17bn bailout fund

The Hindu  

Pakistan has secured a much-needed bailout package from the International Monetary Fund, which will help the cash-starved country avert an imminent default, amidst the persisting political uncertainty and the devastating floods that has displaced more than 33 million people. Finance Minister Miftah Ismail said the International Monetary Fund's Board has approved the revival of Pakistan's Extended Fund Facility programme. It …

Pakistan Board Minister Billion Khan Sharif Imf
Pakistan says IMF approved revival of huge loan programme
2 years, 3 months ago

Pakistan says IMF approved revival of huge loan programme

Al Jazeera  

The move will release $1.17bn in funds to the cash-strapped country, Pakistan’s Finance Minister Miftah Ismail says. The International Monetary Fund board has approved the seventh and eighth reviews of Pakistan’s bailout programme, Finance Minister Miftah Ismail said, which will release $1.17bn in funds to the cash-strapped country. The aid comes as “Pakistan’s economy has been buffeted by adverse external …

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