Tuesday, 26 October 2021

Tag Archives: bailout package

Pakistan hopes IMF will approve $6b bailout package

Pedestrians walk past the International Monetary Fund headquarters' complex in Washington Sunday, May 2, 2010. A senior International Monetary Fund official says the IMF's executive board is meeting in Washington to consider how much aid to grant Athens under a massive rescue loan package.

ISLAMABAD: Pakistan believes that International Monetary Fund (IMF) would approve bailout package worth of $6 billion in its executive board meeting on July 3, 2019 as Islamabad has taken all advance actions agreed with the Fund. Pakistan had agreed with the IMF for taking tough economic decisions before the Fund ...

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Pakistan to get $3 billion bailout package from UAE

DUBAI/ISLAMABAD: The United Arab Emirates has announced its intention to deposit US$3 billion in the State Bank of Pakistan to support the financial and monetary policy of the Islamic Republic of Pakistan, the Emirates News Agency reported on Friday. In a statement, the Abu Dhabi Fund for Development said it ...

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Pakistan faces IMF’s toughest conditions for bailout package

ISLAMABAD: Pakistan is facing toughest conditions of the history by the International Monetary Fund (IMF) for bailout package. Sources said that the IMF demanded the government to increase General Sales Tax (GST) to 18 percent and also asked the government to withdraw subsidy in phases. The Mission also demanded the ...

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