Tag: Friendly countries
-
IMF denies seeking $8 billion fresh financing from Pakistan in bailout talks
The International Monetary Fund (IMF) has denied recent reports that it is seeking fresh financing from Pakistan, stating that Pakistan’s external financing requirements have remained unchanged throughout talks with the Fund. The clarification comes after a report by the Express Tribune suggested that the IMF had increased its demand for additional financing to $8 billion,…
-
IMF asks for more effort from Pakistan, loan programme in jeopardy
Despite assurances from friendly countries regarding external funds for Pakistan, the International Monetary Fund (IMF) remains unconvinced and is asking Islamabad to make additional efforts to unlock a loan programme.
-
Pakistan likely to receive economic assistance from friendly countries soon, says Minister Ahsan Iqbal
On Tuesday, Minister for Planning and Development Ahsan Iqbal announced that Pakistan is likely to receive confirmation of economic assistance from friendly countries in the coming days. This confirmation is the last condition of the International Monetary Fund (IMF) and will be followed by a staff-level deal with the Fund. According to Iqbal, Pakistan has…
-
Dar says assurance of funding from friendly countries is the final hurdle in securing IMF deal
On Thursday, Finance Minister Ishaq Dar announced that the assurance of funding from “friendly countries” was the final obstacle to securing an IMF deal that would provide critical support to Pakistan’s struggling economy and prevent an economic crisis. During a session of the country’s upper house of parliament, Dar revealed that several countries had previously…