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Searched Tag: pakistan economy
As Pakistan prepares for the arrival of an International Monetary Fund (IMF) mission this Wednesday, discussions are set to unfold regarding the existing USD 3 billion Stand-By Arrangement (SBA)

Pakistan set to initiate talks with IMF for potential $6 to $8 billion loan amid economic review

March 13, 2024, 12:19 AM - 2 mins read

The International Monetary Fund (IMF) mission is likely to land in Pakistan on Wednesday to conduct an economic assessment regarding the USD 3 billion Stand-By Arrangement and simultaneously Islamabad is likely to request a USD 6-8 billion fresh loan programme, according to a report

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IMF snubs Imran Khan's election audit demand amid Economic aid talks

March 8, 2024, 11:43 AM - 3 mins read

The International Monetary Fund (IMF) dealt a blow to former Prime Minister Imran Khan's bid to tie economic assistance to Pakistan with an audit of the recent general elections in the country.

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PTI's electoral battle cry: Imran Khan demands IMF audit amid rigging claims

February 29, 2024, 03:33 AM - 3 mins read

Pakistan's former prime minister Imran Khan has escalated his battle against alleged election fraud, urging the International Monetary Fund (IMF) to conduct a comprehensive audit of election results before considering further financial assistance to the country.

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Debt diplomacy: China's gesture of goodwill extends Economic support to Pakistan

February 28, 2024, 08:34 AM - 2 mins read

China has agreed to extend a USD 2 billion debt on existing terms, providing much-needed relief to debt-trapped Pakistan. Initially, China sought a hike in interest rates, but an understanding has been reached to roll over the loan with no changes in terms. This agreement comes as Pakistan faces challenges in maintaining foreign exchange reserves, relying on deposits from friendly countries.

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Former Prime Minister Pakistan Imran Khan & His Wife Bushra Khan. Image X.

From power couple to Courtroom drama: Imran Khan and wife Bushra's Graft Saga unfolds

February 27, 2024, 01:03 AM - 3 mins read

Former Prime Minister Imran Khan and his wife Bushra face a new legal hurdle as a Pakistani court indicted them on Tuesday on charges related to allegedly receiving land as a bribe during Khan's premiership. The development marks another chapter in Khan's ongoing legal saga, as he remains incarcerated since August on various other charges, vehemently refuting all accusations leveled against him.

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IMF's Pakistan pledge: Ignoring Imran's pleas, Future turmoil looms

February 23, 2024, 02:05 AM - 2 mins read

The International Monetary Fund (IMF) is expressing eagerness to collaborate with Pakistan's incoming government to ensure macroeconomic stability and prosperity, a top official stated.

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The combined market value of Tata Group companies has outstripped Pakistan's Gross Domestic Product (GDP)

At $365 billion, Tata Group's market cap more than Pakistan's economy

February 19, 2024, 04:37 AM - 3 mins read

A report revealed that the listed entities of Tata Group have demonstrated remarkable performance in the stock market over the past year, propelling their collective value beyond that of Pakistan's entire economy, which continues to grapple with daunting levels of debt and inflation.

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