Tag: IMF

Pak-rupee closes at Rs 144 against a dollar

KARACHI: The greenback hit all-time high at Rs 146.25 in the open currency market, but the sources claimed that it settled down at Rs...

Pakistan, IMF discuss $8bn bailout package

ISLAMABAD: The dialogues between Pakistan and a delegation from International Monetary Fund (IMF) have officially commenced in Islamabad to discuss $8 billion bailout package. Sources...

PM Imran meets finance adviser Dr Abdul Hafeez Sheikh

ISLAMABAD: Prime Minister Imran Khan met newly-appointed finance adviser Dr Abdul Hafeez Sheikh on Saturday. Dr Sheikh apprised the premier regarding talks with officials of...

Pakistan, IMF to finalize financial package deal in last week of...

ISLAMABAD: Pakistan and the International Monetary Fund (IMF) had reached at a consensus over the financial package, Finance Minister Asad Umer informed the National...

IMF, World Bank urge caution with China loans

The rising influence of lending by China to developing nations is increasingly under the spotlight amid concerns the growing debt burden and onerous conditions...

No need to purchase dollar, govt won’t devalue rupee further: Asad...

KARACHI: Finance Minister Asad Umar on Friday said I don’t know why the people are purchasing dollar and assured that there is no reason...

Pakistan is near to bankrupt as the basic debts is so...

ISLAMABAD: Pakistan is near to bankrupt as the basic debts have reached alarmingly on such a high level, said Finance Minister Asad Umar said...

Asad Umar says negotiations with IMF at final stage

ISLAMABAD: Finance Minister Asad Umar on Monday said negotiations with the International Monetary Fund (IMF) had entered the final stage with settlement of almost...

SBP receives $2.2bn under Chinese loan arrangement

Finance Minister Asad Umar said that hopefully, International Monetary Fund will soften its conditions for the bailout package to Pakistan, ahead of the IMF...

Greenback closes at all time high level of Rs 140.24

KARACHI: US Dollar on Friday closed at all time high level of Rs 140.24 against Pakistani rupee. At interbank, dollar rose by 75 paisa and...