IMF ‘concerned’ over Pakistan’s power sector circular debt rise
ISLAMABAD: The International Monetary Fund (IMF) has expressed 'concerns' over increasing circular debt in Pakistan's… Read More
International Monetary Fund (IMF), United Nations (UN) specialized agency, founded at the Bretton Woods Conference in 1944 to secure international monetary cooperation, to stabilize currency exchange rates, and to expand international liquidity (access to hard currencies).
According to the IMF itself, it works to foster global growth and economic stability by providing policy advice and financing the members by working with developing nations helps them achieve macroeconomic stability and reduce poverty. The rationale for this is that private international capital markets function imperfectly and many countries have limited access to financial markets.
Such market imperfections, together with balance-of-payments financing, provide the justification for official financing, without which many countries could only correct large external payment imbalances through measures with adverse economic consequences. The IMF provides alternate sources of financing.
ISLAMABAD: The International Monetary Fund (IMF) has expressed 'concerns' over increasing circular debt in Pakistan's… Read More
Sri Lanka had no option but to agree to an International Monetary Fund (IMF) bailout… Read More
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ISLAMABAD: The International Monetary Fund (IMF) Executive Board is expected to approve a $7 billion… Read More
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ISLAMABAD: Finance Minister Muhammad Aurangzeb, during a meeting with high-ranking officials from the Chinese institutions… Read More
ISLAMABAD: The International Monetary Fund (IMF) Executive Board likely to approve a $7 billion bailout… Read More
The International Monetary Fund (IMF) has identified loopholes in Pakistan's failure to increase its exports,… Read More
Global rating agency Moody’s on Tuesday said that Pakistan's recent staff-level agreement with the International… Read More
Pakistan and the International Monetary Fund reached a three-year, $7 billion aid package deal, the… Read More
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ISLAMABAD: Federal Finance Minister Muhammad Aurangzeb warned that Pakistan will stay in the IMF cycle… Read More
ISLAMABAD: The International Monetary Fund (IMF) on Wednesday appreciated Pakistan's tough economic decisions and efforts… Read More
ISLAMABAD: The International Monetary Fund (IMF) has expressed satisfaction with the recent measures taken by… Read More
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PESHAWAR: "I am telling Prime Minister Shehbaz Sharif the last time to give Khyber Pakhtunkhwa… Read More
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