• About Us
  • Our Contributors
  • Privacy Policy
  • Contact
Friday, June 20, 2025
  • Login
No Result
View All Result
FactFile
  • National
  • International
  • Economy
  • Health
  • Science
  • Sports
  • Tech

    PTA Celebrates Landmark Achievement: Pakistan Surpasses 200 Million Telecom Subscribers

    How to Make Money Using WhatsApp: Details Inside

    How to Make Money Using WhatsApp: Details Inside

    12 Major Upgrades Leaked for iPhone 17 Pro and Pro Max

    12 Major Upgrades Leaked for iPhone 17 Pro and Pro Max

    How to Make Money Using WhatsApp: Details Inside

    WhatsApp to Stop Supporting THESE iPhones: Check List Inside

    Best-Selling Mobile Phones of 2025 Revealed; Details Inside

    Best-Selling Mobile Phones of 2025 Revealed; Details Inside

    Texas Wants to Ban Social Media for All Users Under 18

    Texas Wants to Ban Social Media for All Users Under 18

  • Entertainment
    Saheefa Jabbar Faces Backlash Over Bold Social Media Posts

    Saheefa Jabbar Faces Backlash Over Bold Social Media Posts

    Faisalabad: TikToker Sana Yousaf's Alleged Killer Arrested

    Faisalabad: TikToker Sana Yousaf’s Alleged Killer Arrested

    Mahira Khan’s Pashto Song ‘Sada Ashna’ From Love Guru Goes Viral

    Mahira Khan’s Pashto Song ‘Sada Ashna’ From Love Guru Goes Viral

     ‘Son of Sardar’ Actor Mukul Dev Passes Away at 54

     ‘Son of Sardar’ Actor Mukul Dev Passes Away at 54

    All Pakistani Songs Removed from Spotify India: Here's Why!

    All Pakistani Songs Removed from Spotify India: Here’s Why!

    Sushmita Sen Backs Return of Pakistani Artists to Bollywood

    Sushmita Sen Backs Return of Pakistani Artists to Bollywood

    Hania Amir Wows with Dance at Maria Unera’s Wedding

    Hania Amir Wows with Dance at Maria Unera’s Wedding

    Aishwarya Rai Bachchan’s Car Involved in Accident, Video Goes Viral

    Aishwarya Rai Bachchan’s Car Involved in Accident, Video Goes Viral

    Violence Breaks Out at Sonu Nigam’s Live Concert in Delhi

    Violence Breaks Out at Sonu Nigam’s Live Concert in Delhi

  • Opinion
  • National
  • International
  • Economy
  • Health
  • Science
  • Sports
  • Tech

    PTA Celebrates Landmark Achievement: Pakistan Surpasses 200 Million Telecom Subscribers

    How to Make Money Using WhatsApp: Details Inside

    How to Make Money Using WhatsApp: Details Inside

    12 Major Upgrades Leaked for iPhone 17 Pro and Pro Max

    12 Major Upgrades Leaked for iPhone 17 Pro and Pro Max

    How to Make Money Using WhatsApp: Details Inside

    WhatsApp to Stop Supporting THESE iPhones: Check List Inside

    Best-Selling Mobile Phones of 2025 Revealed; Details Inside

    Best-Selling Mobile Phones of 2025 Revealed; Details Inside

    Texas Wants to Ban Social Media for All Users Under 18

    Texas Wants to Ban Social Media for All Users Under 18

  • Entertainment
    Saheefa Jabbar Faces Backlash Over Bold Social Media Posts

    Saheefa Jabbar Faces Backlash Over Bold Social Media Posts

    Faisalabad: TikToker Sana Yousaf's Alleged Killer Arrested

    Faisalabad: TikToker Sana Yousaf’s Alleged Killer Arrested

    Mahira Khan’s Pashto Song ‘Sada Ashna’ From Love Guru Goes Viral

    Mahira Khan’s Pashto Song ‘Sada Ashna’ From Love Guru Goes Viral

     ‘Son of Sardar’ Actor Mukul Dev Passes Away at 54

     ‘Son of Sardar’ Actor Mukul Dev Passes Away at 54

    All Pakistani Songs Removed from Spotify India: Here's Why!

    All Pakistani Songs Removed from Spotify India: Here’s Why!

    Sushmita Sen Backs Return of Pakistani Artists to Bollywood

    Sushmita Sen Backs Return of Pakistani Artists to Bollywood

    Hania Amir Wows with Dance at Maria Unera’s Wedding

    Hania Amir Wows with Dance at Maria Unera’s Wedding

    Aishwarya Rai Bachchan’s Car Involved in Accident, Video Goes Viral

    Aishwarya Rai Bachchan’s Car Involved in Accident, Video Goes Viral

    Violence Breaks Out at Sonu Nigam’s Live Concert in Delhi

    Violence Breaks Out at Sonu Nigam’s Live Concert in Delhi

  • Opinion
No Result
View All Result
FactFile
No Result
View All Result
Coalition govt saved Pakistan from bankruptcy: Miftah

Miftah Ismail says Pakistan could get $2 billion from IMF

by Arshad Khan
June 28, 2022
in Economy
5
Share on FacebookShare on TwitterLinkedIn Whatsapp

IMF Resident Representative to Pakistan said that discussions between the Fund & Pakistan.

ISLAMABAD: Finance Minister Miftah Ismail has said Tuesday that Pakistan could get $2 billion instead of $1 billion from the International Monetary Fund (IMF).

The finance minister made the comments during his address at the “Turn Around Pakistan” conference after he confirmed Pakistan has received the Memorandum of Economic and Financial Policies (MEFP) from the IMF for the seventh and eighth reviews.

Early this morning, the Government of Pakistan has received an MEFP from the IMF for combined 7th and 8th reviews.

— Miftah Ismail (@MiftahIsmail) June 28, 2022

This is a critical development signalling that the two sides have reached an agreement. The draft MEFP is a prerequisite to paving the way towards striking a staff-level agreement.

Now that Pakistan has received this document, it will be analysed and scrutinised for three days by the country’s economic team.

More From FactFile: Pakistan & IMF to strike deal after budget approval

The finance minister and State Bank of Pakistan governor will then sign it if no major problem is found.

The staff-level agreement will then be presented before the IMF’s Executive Board next month for approval, after which the tranche will be released.

The MEFP may be considered as the crux of decisions negotiated between Pakistan and the Fund because it includes policy actions and structural benchmarks the two sides agreed on.

Earlier, sources had said Pakistan reached the accord with IMF with the “help” of the United States, as Islamabad made major progress on the discussions held with the lender regarding the federal budget for fiscal year 2022-23.

Speaking at a private news channel he said that according to his information, Islamabad did get benefit from reaching out to the US because IMF’s attitude earlier was very rigid and the Fund was putting harsh conditions and probably would have refused to close a deal with the country.

However, the anchorperson added, the US pressure made this possible for Pakistan, but there were still no concessions in conditions.

Major progress in talks with Pakistan: IMF

Last Tuesday, the Pakistani authorities and the IMF evolved a broader agreement on budget 2022-23 to revise upward the Federal Board of Revenue’s target and slash expenditures to achieve a revenue surplus in the next fiscal year.

The next day, IMF Resident Representative to Pakistan Esther Perez Ruiz said that discussions between the Fund and Pakistan are underway and major progress had been made regarding the budget.

Tags: IMFInternational Monetary FundMiftah IsmailPakistanPakistan EconomyPetrol
ShareTweetShareSend
Previous Post

Ahmed Shehzad demands PCB make ‘negative’ report on him public

Next Post

Considering holding Punjab CM election again: LHC

Arshad Khan

Arshad Khan

Related Posts

Currency Rates in Pakistan Today – US Dollar, Euro, Dirham to PKR Open Market

Currency Rates in Pakistan Today – US Dollar, Euro, Dirham to PKR Open Market

by Arshad Khan
June 20, 2025
0

US Dollar stays around Rs283.6 for buying and Rs285.8 for selling Currency Rates in Pakistan Today – US Dollar, Euro,...

Gold Price in Pakistan | Gold Rate Today – 20 June 2025

Gold Price in Pakistan | Gold Rate Today – 20 June 2025

by Arshad Khan
June 20, 2025
0

The recent trend follows a post-Eid surge in gold rates, where prices hit record highs across Pakistan. Gold Price in...

FBR Cracks Down on Forvil Cosmetics Over Tax Evasion, Orders Licence Cancelled

FBR Cracks Down on Forvil Cosmetics Over Tax Evasion, Orders License Cancelled

by Arshad Khan
June 19, 2025
0

FBR has launched similar crackdowns on tax defaulters in other cities including Karachi and Lahore. FBR Cracks Down on Forvil...

S&P Global Celebrates 20 Years of Operations in Pakistan

S&P Global Celebrates 20 Years of Operations in Pakistan

by Arshad Khan
June 19, 2025
0

Marking a milestone of Growth, Innovation, and People Empowerment S&P Global Celebrates 20 Years of Operations in Pakistan. Today, S&P...

Currency Rates in Pakistan Today – US Dollar, Euro, Dirham to PKR Open Market

Currency Rates in Pakistan Today – US Dollar, Euro, Dirham to PKR Open Market

by Arshad Khan
June 19, 2025
0

US Dollar stays around Rs283.5 for buying and Rs285.6 for selling Currency Rates in Pakistan Today – US Dollar, Euro,...

Gold Price in Pakistan | Gold Rate Today – 19 June 2025

Gold Price in Pakistan | Gold Rate Today – 19 June 2025

by Arshad Khan
June 19, 2025
0

The recent trend follows a post-Eid surge in gold rates, where prices hit record highs across Pakistan. Gold Price in...

PPL Celebrates 75 Years with New Vision and Corporate Identity

PPL Celebrates 75 Years with New Vision and Corporate Identity

by Arshad Khan
June 18, 2025
0

The event underscored PPL’s resolve to embrace change with agility, pursue operational excellence, and strengthen its impact on national prosperity....

Load More
Next Post
Lahore High Court

Considering holding Punjab CM election again: LHC

Ayesha Gulalai writes letter against Imran Khan to CJP

Ayesha Gulalai writes letter against Imran Khan to CJP

Comments 5

  1. Pingback: Rupee recovers on good news regarding IMF programme - FactFile
  2. Pingback: Pakistan & IMF likely to finalize agreement soon - FactFile
  3. Pingback: Cargo plane crash in Greece - FactFile
  4. Pingback: Miftah announces tax relief for shop-owners consuming less than 150 units - FactFile
  5. Pingback: Govt focusing on enhancing exports: Miftah Ismail - FactFile

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Facebook Twitter Youtube Instagram LinkedIn
FactFile

Newsletter

Subscribe to receive regular updates from FactFile.
SUBSCRIBE

Categories

  • Business
  • Economy
  • Education
  • Entertainment
  • FactFile
  • Fashion
  • Health
  • International
  • Interview
  • Lifestyle
  • National
  • Opinion
  • People
  • Science
  • Sports
  • Tech
  • Uncategorized

Site Links

  • About Us
  • Our Contributors
  • Privacy Policy
  • Contact

© 2020-25 Daily FactFile

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Fashion
  • Lifestyle
  • Tech
  • Health

© 2020-25 Daily FactFile