IMF ‘asks’ Pakistan for privatisation of national entities
- 15-May-2024
ISLAMABAD: The talks between Pakistan and the International Monetary Fund (IMF) for a fresh loan are underway in Islamabad, ARY News reported on Wednesday. The IMF mission during talks expressed ‘concern’ over the increasing losses of the government-owned entities and summoned a fresh report regarding current losses, the sources said. The Pakistani authorities assured the […]
IMF loan helps Pakistan unlock another $5.6 billion in funding
- 14-Jul-2023
ISLAMABAD: Pakistan is set to draw in $5.6 billion in additional financing after securing a loan from the International Monetary Fund (IMF), a move seen as helping the South Asian nation avoid a default and boosting its foreign-exchange reserves. The new funding includes $3.7 billion of commitments from bilateral partners including Saudi Arabia and the […]