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Pakistan to receive 2nd tranche of $6bn loan package

ISLAMABAD: Pakistan’s fiscal deficits are narrowing, the IMF said on Friday as it announced it would release the second tranche of its $6 billion...

IMF to release $450m to Pakistan after completing 1st review under...

The Pakistan government’s policies have started to bear fruit, helping to reverse the buildup of vulnerabilities and restore economic stability. The external and fiscal...

IMF’s executive board approves $6bn package for Pakistan

WASHINGTON DC: The executive board of the International Monetary Fund (IMF) is expected to decide the fate of the proposed $6 billion bailout package...

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...