IMF Signs A Staff Level Agreement With Pakistan, Asking For ‘Do A Lot More’ Including Free Float Of Dollar Pakistani Officials Will Refrain From Administrative Actions To Influence The Rupee Value ISLAMABAD  (  Web  News  ) An International Monetary Fund (IMF) team, led by Nathan Porter, visited Islamabad from NovemberRead More →

Capacity to implement & follow through on reforms committed to IMF is crucial: Dr. Vaqar Ahmed Reaffirms SDPI & National Network of Economic Think-Tanks’s support for economic reforms agenda to the upcoming govt, public & private sector We should address cross-border smuggling, monetary policy changes to develop resilience against dollar.Read More →

WASHINGTON (Web News ) The United States has assured the Pakistan government of support to overcome economic crisis. US Principal Deputy Assistant Secretary of State for South and Central Asia Elizabeth Horst told media in capital Washington D.C. that the arrangements with the International Monetary Fund (IMF) would give PakistanRead More →

Ishaq Dar further updates Chinese Charge de Affairs Ms. Pang Chunxue about progress on talks with IMF on completion of 9th review Ms. Pang Chunxue assures of continuous support from Chinese Govt to the people of Pakistan ISLAMABAD ( Web News ) Ms. Pang Chunxue, Charge’d Affairs, Embassy of theRead More →

Ishaq Dar says Pakistan would not default, even if a stalled loan programme with IMF was not revived Says govt has ensured all the external payments till December Says ‘rumours’ about Pakistan defaulting on its debt obligations should not be spread ISLAMABAD ( Web News ) Minister for Finance andRead More →

Pakistan had ‘no choice’ but to accept all strict conditions laid forth by IMF to secure a much-awaited bailout tranche: PM Shehbaz Expresses his gratitude to Saudi Arabia & the UAE for showing what brotherhood actually is. Prays that the country of 220 million gets rid of these shackles ofRead More →

Ishaq Dar assures Pakistan to close deal with IMF to revive economy ISLAMABAD  ( Web News ) The friendly countries are expected to materialize their commitments with Pakistan that would pave the way to close the deal with the IMF and revive the economy. This was said by Muhammad IshaqRead More →

‘The next step with Pakistan’ to assurances of financial assistance from bilateral & other sources for release of a bailout tranche: IMF IMF spokesperson says Pakistan’s economy faces multiple challenges including slowing growth, high inflation & large financing needs WASHINGTON/ISLAMABAD ( Web News ) The International Monetary Fund (IMF) onRead More →

Mobilized for five to six billion dollar financing from Pakistan’s friendly countries Steps to early finalize staff level agreement with IMF ISLAMABAD ( Web News ) The government is trying to finalize the delayed staff level agreement with the IMF as soon as possible. On the demand of the IMF,Read More →

ISLAMABAD ( Web News ) Pakistan and the International Monetary Fund (IMF) failed to reach a staff-level agreement after 10 days of “tough” parleys aimed at unlocking critical funds needed for cash-strapped nation. The development comes as negotiations, which took place from January 31 to February 9, with the globalRead More →

Experts seek to redesign energy sector and shift to solar energy to save forex   ISLAMABAD ( Web News ) Experts at a seminar called for redesigning of energy sector immediately and shift to solar and wind power at household level so as to save the foreign reserves of theRead More →