Tag: Extended Fund Facility
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Uncertainty surrounds Pakistan’s $7 billion IMF bailout as approval date still not confirmed
Pakistan’s much-anticipated $7 billion bailout package has not yet been scheduled for review by the IMF executive board.
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IMF deal to improve Pakistan’s financial outlook, but continuous reforms are essential: Moody’s
Moody’s Investors Service has stated that Pakistan’s recent staff-level agreement with the International Monetary Fund (IMF) enhances the nation’s funding prospects.
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IMF team engages in talks with Pakistan for new $8 billion programme
The International Monetary Fund (IMF) confirmed that it is in discussions with Pakistan regarding a 24th bailout programme under the Extended Fund Facility (EFF), signalling a significant development in the country’s ongoing economic negotiations.
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IMF mission holds crucial talks with FinMin Aurangzeb on $3 billion SBA
In a pivotal meeting held on Thursday, Pakistan’s Finance Minister, Muhammad Aurangzeb, engaged in discussions regarding structural reforms and the viability of the energy sector with the visiting International Monetary Fund (IMF) mission.
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Pakistan gears up for crucial IMF talks on $3 billion SBA programme
Pakistan is set to commence vital discussions with the International Monetary Fund (IMF) concerning the completion of the second review under the $3 billion Standby Arrangement (SBA) programme.
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Pakistan aims for 15% tax-to-GDP ratio in upcoming IMF deal
In pursuit of economic stability and fiscal responsibility, Pakistan is targeting a tax-to-GDP ratio of 15 per cent in its forthcoming International Monetary Fund (IMF) deal.
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Pakistan may enter fresh IMF loan programme, stricter conditions expected
In the wake of the completion of its current loan programme, Pakistan is poised to sign a new loan agreement with the International Monetary Fund (IMF), reports indicate.
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Govt plans to increase gas and electricity prices in January
The interim Finance Minister, Dr Shamshad Akhtar, announced during a press conference that the caretaker government is planning to increase electricity and gas tariffs in January to address the circular debt issue, in line with the International Monetary Fund’s (IMF) Stand-By Arrangement (SBA).
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PM Shehbaz urges IMF to release stalled funds, assures compliance with conditions
On Thursday, Prime Minister (PM) Shehbaz Sharif had a meeting with Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), where he urged the lender to release the stalled funds for Pakistan. He assured the IMF of Pakistan’s compliance with all the conditions set by the lender.
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Pakistan’s foreign exchange reserves dip to $3.91 billion amid IMF agreement delay
In a challenging turn of events for Pakistan’s economy, the foreign exchange reserves held by the State Bank of Pakistan (SBP) have plummeted to $3.91 billion.