IMF Loan
Pakistan will have to meet ‘prior actions’ for approval by Fund’s executive board.
Updated 22 Nov, 2021 07:37am
The objects and reasons of the amendment are to optimise the operational efficiency of the banking sector regulator.
Updated 18 Nov, 2021 07:27am
Actions include SBP bill approval, withdrawal of tax exemptions, increase in energy tariff.
Updated 17 Nov, 2021 08:13am
PTI govt has tried to explain to the IMF that it lacks the numbers in parliament required to amend law to make SBP autonomous.
Updated 01 Nov, 2021 01:48pm
The negotiations on the draft amendments are continuing and are expected to be finalised early next week.
Published 31 Oct, 2021 07:02am
With neither side coming clean on reasons for current ‘interruption’, it can only be hoped the hiatus in talks will be temporary.
Published 25 Oct, 2021 08:50am
Officials insist negotiations still on track and Fund’s statement will announce resumption of $6bn programme.
Updated 23 Oct, 2021 07:38am
IMF official says talks between the Fund and govt on the sixth review of the $6bn EFF have progressed to a “very good step”.
Published 20 Oct, 2021 09:19am
Says the govt realised that increasing tariffs without structural changes would increase inflation, make industry uncompetitive.
Updated 17 Oct, 2021 07:44am
Minister says negotiating team will stay in US to finalise resumption of loan facility.
Updated 16 Oct, 2021 07:39am
Finance minister says IMF has been informed power tariffs will be increased in a gradual manner to avoid abrupt inflation.
Updated 14 Oct, 2021 08:25pm
The next round will be in Washington face-to-face, the finance minister's spokesperson says.
Updated 10 Oct, 2021 07:11am
Tarin to hold policy-level talks with Fund management next week; finance ministry challenges WB estimates.
Published 09 Oct, 2021 06:57am
Fund's largest-ever allocation of $650bn will be distributed among member states as per their Special Drawing Rights quota.
Updated 24 Aug, 2021 10:47am
"We stand ready to continue supporting Pakistan achieve the objectives of debt sustainability and sustainable growth," says IMF.
Updated 13 Aug, 2021 07:01pm
Finance minister says global lender’s concerns over Rs1.6tr Kamyab Pakistan Programme will be addressed.
Published 13 Aug, 2021 07:06am
The IMF subjects the people already hurt by the failures of their governments to more hurt by the failures of the markets.
Updated 13 Jul, 2021 11:48am
Expresses optimism that sixth review of $6bn financial package will conclude positively.
Published 09 Jul, 2021 07:04am
Says $2.5bn Eurobonds to be launched within months.
Updated 25 Jun, 2021 07:15am
“We stand ready to continue to support Pakistan,” says IMF spokesperson.
Published 24 Jun, 2021 08:32pm
Budget for FY22 faces massive risks such as inflation and a resurgence of the trade deficit.
Updated 17 Jun, 2021 08:23am
"This time the IMF was not friendly with us and the programme was front-loaded and tough," he says.
Updated 17 Jun, 2021 07:54am
More than 1,000 projects worth Rs340 billion have been registered along with another 292 tentative projects under the scheme.
Published 13 Jun, 2021 07:12am
The prime minister is under extreme pressure to pump growth further next year, as well as enhance spending.
Updated 10 Jun, 2021 09:01am
The design of the IMF programme has led to perverse incentives and unintended consequences.
Updated 21 May, 2021 09:07am
Finance Minister Shaukat Tarin says the higher power tariff is leading to corruption and affecting economic growth.
Updated 04 May, 2021 07:40am
“The mooted 27pc increase in power tariff is not a growth driver," says PBC chief executive in letter to Hammad Azhar.
Updated 13 Apr, 2021 09:16am
The IMF now requires parliament to approve laws under deadlines unlike the previous programmes.
Updated 12 Apr, 2021 09:32am
IMF documents unveil government’s expenditure consolidation measures.
Updated 10 Apr, 2021 07:51am
Rising inflation and depleting political capital are the most obvious reasons.
Updated 09 Apr, 2021 08:43am
