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IMF approves $7 billion bailout for Pakistan
The IMF approves a $7 billion loan for Pakistan, which will get $1 billion immediately
Pakistani officials say the executive board of the International Fund has approved a new $7 billion loan for the country.
IMF's $7 billion bailout sends Pakistan stocks to new peak
Pakistan's benchmark share index hit a life-time high in opening trade on Thursday, hours after the International Monetary Fund's board approved a long-awaited $7 billion bailout deal for the struggling economy.
Pakistan PM Sharif Welcomes IMF's $7 Billion Funding Agreement
Pakistan has been struggling with boom-and-bust economic cycles for decades, leading to 22 IMF bailouts since 1958. Currently the country is the IMF's fifth-largest debtor, owing the Fund $6.28 billion as of July 11, according to the lender's data.
Business Recorder
23m
Pakistan receives first tranche of $1.03bn from IMF, says SBP
The State Bank of Pakistan (SBP) on Friday said that it has received the first tranche of Special Drawing Rights (SDR) 760 ...
20h
on MSN
Pakistan wins more financing assurances from China, UAE, Saudi IMF official says
Pakistan has received "significant financing assurances" from China, Saudi Arabia and the United Arab Emirates linked to a ...
SUCH TV
29m
Pakistan receives first tranche of $1.02bn from IMF under EFF
State Bank of Pakistan (SBP) on Friday received the first tranche of SDR 760 million (equivalent to $1.0269 billion) from the ...
Business Recorder
56m
Pakistan receives first tranche of $1.03 billion from IMF
“Following the approval of the IMF Executive Board of a 37-month Extended Fund Facility amounting to US$7 billion, the State ...
bolnews
2h
IMF MD says package will help Pakistan in economic recovery & inclusive growth
IMF MD says package for Pakistan aims to assist the country in economic recovery, reduce inflation, create jobs, and foster ...
devdiscourse
11h
Pakistan Faces 'Transitional Pain' with New $7 Billion IMF Loan, Finance Minister Warns
Pakistan's Finance Minister, Muhammad Aurangzeb, forewarned 'transitional pain' as the nation embarks on its 25th IMF program ...
Malaysia Sun
1h
Pakistan requests IMF to provide additional USD 1.5 billion loan to combat climate change
Pakistan has requested the International Monetary Fund (IMF) to provide an additional USD 1.5 billion loan to tackle the ...
Opinion
2h
Opinion
Mint Quick Edit | Pakistan's IMF bailout No. 24 and loan addiction
The International Monetary Fund has approved an “extended fund facility” worth $7 billion for Pakistan, its 24th bailout ...
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