IMF Flags Few More Hurdles for Pakistan to Secure Bailout

A participant stands near a logo of IMF at the International Monetary Fund - World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, on October 12, 2018. (REUTERS/File)
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Updated 22 March 2023

IMF Flags Few More Hurdles for Pakistan to Secure Bailout

March 21: Bloomberg reported, The International Monetary Fund said Pakistan has a few more tasks before it can unlock a $6.5 billion loan to avoid a default, putting pressure on the government to secure assurances from countries that have promised financing support.

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Updated 02 June 2023

Govt toughens stance on isolated Imran, but leaves room for dialogue

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Govt scrambles as IMF rejects Pakistan’s loan request

Updated 02 June 2023

Govt scrambles as IMF rejects Pakistan’s loan request

June 2: The Express Tribune reported A cabinet member revealed on Thursday that the International Monetary Fund (IMF) has rejected Pakistan’s request to lower the requirement of arranging $6 billion in new loans, leaving the government with no alternative but to try and revive the deal. Read more I 


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Updated 02 June 2023

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Pakistan Keeps Asia’s Fastest Inflation Title for Second Month

Updated 02 June 2023

Pakistan Keeps Asia’s Fastest Inflation Title for Second Month

 

June 2: Bloomberg reported Pakistan’s inflation has hit another record high, making it Asia’s fastest for a second month, just days before the national budget is due to be unveiled by a government facing unprecedented economic challenges. Read more I 


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Updated 30 May 2023

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May 30: GEO News reported The Pakistan Muslim League Nawaz (PML-N) will file a petition in the Supreme Court to revisit the decision of party supremo Nawaz Sharif's disqualification to hold public office and the post of party president, Interior Minister Rana Sanaullah confirmed on Monday. Read more I