IMF Loan
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
Government to raise electricity tariff by Rs4.97 per unit in remaining three months of current fiscal year.
Published 09 Apr, 2021 07:09am
The only way out is to convince the Fund to soften its conditions for the remaining period of the loan.
Updated 08 Apr, 2021 08:42am
How things go with the IMF are critical to how the political scene will evolve.
Updated 08 Apr, 2021 08:47am
There is little doubt that these adjustments would bring a semblance of “macroeconomic and debt sustainability” in the near term.
Updated 26 Mar, 2021 08:50am
Institutional, technical shortcomings giving rise to inaccurate information being addressed, Fund assured.
Published 26 Mar, 2021 07:02am
Says performance in the first half of the fiscal year 2020-21 was "prudent, providing targeted support and maintaining stability".
Published 25 Mar, 2021 06:06pm
The promulgation of the ordinance is one of the prior actions for the approval of the $500 million IMF tranche.
Updated 25 Mar, 2021 09:22am
The approval revives the $6 billion IMF programme after it remained latent for over a year.
Published 25 Mar, 2021 07:05am
