Pakistan PM Sharif Welcomes IMF's $7 Billion Funding Agreement
Pakistan has been struggling with boom-and-bust economic cycles for decades, leading to 22 IMF bailouts since 1958. Currently the country is the IMF's fifth-largest debtor, owing the Fund $6.28 billion as of July 11, according to the lender's data.
Pakistan's Finance Minister, Muhammad Aurangzeb, forewarned 'transitional pain' as the nation embarks on its 25th IMF program ...
Pakistan has received "significant financing assurances" from China, Saudi Arabia and the United Arab Emirates linked to a ...
Pakistani officials say the executive board of the International Fund has approved a new $7 billion loan for the country ...
Pakistan has secured significant financing assurances from China, Saudi Arabia, and the UAE as part of a new IMF program that extends beyond rolling over $12 billion in loans. This program requires ...
In high-profile meetings on the sidelines of the United Nations General Assembly (UNGA) in New York, Prime Minister Shehbaz ...
Sharif specially thanked China for helping Pakistan to secure the bailout, but declined to provide further details. The IMF had asked Pakistan to broaden the country's tax base and eliminate ...
The International Monetary Fund has approved an “extended fund facility” worth $7 billion for Pakistan, its 24th bailout ...
ISLAMABAD: Finance Minister Muhammad Aurangzeb has warned non-filers of strict restrictions which will “further limit their ...
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