Tag: IMF

Economic experts avoid reaching IMF, seek assistance from friendly countries

ISLAMABAD: Spokesman on economy and energy issues Dr Farrukh Saleem has said that the government was trying to avoid going the International Monetary Fund...

Country’s FDI dips by 42% to $439.5m in July-Sept 2018

Total foreign investment declines by 60.1% to $254.3m KARACHI:  Direct Investment (DI) of the country declined by 42 per cent ($325.7m) in the first quarter...

IMF programme will provide assistance to Pakistani govt: Moody’s

Global ratings agency Moody’s has said an International Monetary Fund (IMF) programme would prove to be helpful for the new Pakistani government. “An IMF programme...

Besides IMF bailout package, Pakistan to acquire $5bn from WB, ADB:...

KARACHI: Finance Minister Asad Umar revealed that Pakistan will take bailout package worth up to $12 billion from International Monetary Fund (IMF) to restore...

Asad Umer never said govt would not approach IMF

ISLAMABAD: Approaching the International Monetary Fund (IMF) for a bailout package was unavoidable and that we never said the government would not approach the...

Pakistan formally requests financial assistance, says IMF

ISLAMABAD: An IMF team will visit Islamabad in the coming weeks to initiate discussions for a possible IMF-supported economic program,” IMF Managing Director Christine Lagarde says...

Rupee down 10 % vs dollar to Rs139 in inter-bank

Karachi: The rupee has weakened by 10.24 percent against the dollar in the inter-bank market to range between Rs137 to 139, according to media reports. The...