Tag: SBA
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IMF to continue talks on Pakistan’s economic reform goals
The International Monetary Fund (IMF) remains engaged in discussions with Pakistan on policy goals and actions to establish a medium-term, home-grown reform programme that could be supported under the Extended Fund Facility (EFF) arrangement.
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Pakistan proposes Rs300 billion cut in govt expenditures to IMF
Pakistan has presented a plan to the International Monetary Fund (IMF) aimed at reducing government expenditures by Rs300 billion.
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IMF team set to visit Pakistan to discuss new programme before budget finalisation
An International Monetary Fund (IMF) mission is set to visit Pakistan in May to discuss a potential new financial programme, the IMF announced on Sunday.
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Pakistan receives final installment of IMF’s $3 billion SBA
Pakistan has received the final tranche of $1.1 billion from the International Monetary Fund (IMF) as part of its $3 billion Stand-By Arrangement (SBA), the State Bank of Pakistan (SBP) announced on Tuesday.
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Critical IMF meeting scheduled for April 29 to approve $1.1 billion for Pakistan
The Executive Board of the International Monetary Fund (IMF) is scheduled to meet on April 29 to deliberate on the approval of a $1.1 billion funding tranche for Pakistan.
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Pakistan anticipates final IMF tranche approval in late April
The International Monetary Fund (IMF) announced that its Executive Board meeting, anticipated for late April, is crucial for approving Pakistan’s final tranche of approximately $1.1 billion (SDR 828 million).
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IMF urges Pakistan to expand capital gains tax scope to include cryptocurrencies
The International Monetary Fund (IMF) has advised the Federal Board of Revenue (FBR) to broaden the scope of capital gains tax (CGT) by incorporating cryptocurrencies into the tax regime.
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Pakistan expected to sign IMF agreement this week
Pakistan is poised to finalise a staff-level agreement with the International Monetary Fund (IMF) this week.
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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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SBP sees surge of over $17 million in forex reserves
The latest data released by the State Bank of Pakistan (SBP) revealed a notable rise in the country’s foreign exchange reserves. During the week ending March 8, 2024, SBP’s reserves increased by $17.2 million, marking a 0.22 per cent growth, reaching a total of $7.91 billion.