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Articles for tag: $ 2.3 billion, DDDADADEK, early, financial aid, IMF's Pakistan agreement, international loan, International Monetary Fund, loan, May 9, Meeting of the IMF Board of Directors, Pakistan, receive

April 29, 2025

News Desk

Pakistan is likely to receive a loan loan in early May

Listen to the article The IMF Executive Council is scheduled to meet on May 9, during which a final decision will be taken on a $ 1.1 billion loan in Pakistan. This follows the IMF staff agreement between the IMF and the Pakistan that arrived in March, with the final approval expected at the upcoming meeting. The announcement of the IMF Board of Directors meeting had a positive impact on the Pakistani stock market, which showed a slight recovery of 135 points after an initial dip of 500 points. The PSX had opened to a Bearish feeling this week amid

March 4, 2025

The Pakistan Daily

Economic indicators improving due to govt’s efforts: PM Shehbaz

Prime Minister Shehbaz Sharif says provision of essential items to the people at affordable prices is the top priority of the government. In a statement, he expressed satisfaction over the continuous decline in the Consumer Price Index inflation. He also expressed confidence that inflation will decrease further. The Prime Minister said the current government is completing its one year in office and this is extremely good news on this occasion. He said it is very encouraging that inflation has come down to 1.5 percent last month, which is the lowest inflation rate since September 2015. He said the average inflation

January 30, 2025

The Pakistan Daily

The Role of International Financial Institutions in Addressing Global Poverty

Introduction: International Financial Institutions (IFIs) such as the International Monetary Fund (IMF), the World Bank, and regional development banks have played crucial roles in the global economic landscape for decades. Their primary mission has been to support economic stability, growth, and poverty reduction worldwide. Despite this noble mission, the effectiveness of these institutions in addressing global poverty remains a topic of ongoing debate. In this blog, we’ll explore how IFIs function, their impact on developing nations, and the criticisms they face in their attempts to address the challenges of poverty. The Purpose of IFIs: The IMF and the World Bank

January 18, 2025

News Desk

A C/A surplus of $582 million was posted

Listen to the article KARACHI: In December 2024, Pakistan recorded a third consecutive month of current account surplus (CA) of $582 million, reflecting a year-on-year increase of 109%. This positive trend is attributed to improved exports, strong remittances due to massive manpower migration, moderate international commodity prices and reduced non-essential imports due to declining purchasing power. However, challenges remain as the trade deficit widened, with imports exceeding $5 billion, exposing vulnerabilities in maintaining external account stability. Analysts warn that rising energy prices or slowing remittances could weigh on the country’s external finances. For the first half of fiscal year 2024–25

January 7, 2025

Saif Awan

Maryam Nawaz to jack up Honhar Scholarship Programme up to Rs100bn

Lahore: Chief Minister Punjab Maryam Nawaz Sharif announced to increase the amount of Honhar Scholarship Program up to Rs 100 billion at the Honhar Scholarship ceremony held at Bahauddin Zakariya University, Multan. She announced to increase additional 20,000 Honhar Scholarships from next year along with the provision of interest-free loans up to Rs 3 crore for new businesses and startups for the youth. She also announced provision of one lakh e-bikes to the students from next year along with establishing e-bike charging stations in the universities and colleges of Punjab. She while addressing the Honhar Scholarship Program ceremony said, “If we look after affairs of the youth, we can change the destiny of Pakistan. We will remove all obstacles in the path of our youth to ensure a better future for them. I was surprised to see young children learning artificial intelligence in China. We will teach our children artificial intelligence, robotics

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