Pakistani rupee gains strength as IMF loan eases pressure
The State Bank of Pakistan (SBP) reported an increase in reserves following the first IMF loan tranche of $1.02 billion….
IMF
IMF approves $7 billion bailout package for Pakistan
Two months ago, Islamabad secured a three-year EFF agreement with the IMF aimed at achieving macroeconomic stability and inclusive growth….
IMF wants Pakistan to end price controls on key agricultural products
IMF has banned provincial subsidies on electricity and gas throughout the 37-month loan programme IMF wants Pakistan to end price…
Moody’s raises Pakistan’s credit ratings to ‘Caa2’
The country depends on timely support from government partners to meet its external debt obligations. Moody’s raises Pakistan’s credit ratings…
Pakistan seeks $4bn loan from Middle Eastern banks
Pakistan has pitched about $20bn in foreign borrowing for the current FY budget, besides another $3bn rollover from the UAE…
Pakistan’s forex reserves inch up by $51.1 million
The SBP’s reserves have decreased by $236.2 million, or 2.52 per cent, since the start of the current fiscal year….
Pakistan paid $3.5 billion in interest to IMF, Senate Committee told
In the last four years, Pakistan borrowed over $6.26 billion from the IMF and repaid $4.52 billion. ISLAMABAD: Over the…
Pakistan to privatise energy sector in 2025: Details inside
The privatisation initiative is part of a broader economic reform agenda that Pakistan has committed to in exchange for financial…
Latest IMF Agreement Improves Pakistan’s Funding Prospects: Moody’s
Pakistan’s external position remains fragile, with high external financing requirements over the next three to five years. ISLAMABAD: The International…
Pakistan, IMF reaches staff-level agreement on $7bn bailout deal
The program under the 2023 Stand-By Agreement (SBA) aims to capitalize on the hard-won macroeconomic stability achieved over the past…