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Articles for tag: $1.3 billion loan, approves, billion, board, IMF, International Monetary Fund, loan, Pakistan

December 8, 2025

News Desk

IMF board approves $1.3 billion loan for Pakistan

Global lender commits nearly $1.1 billion under Expanded Funding Facility and $220 million under Resilience and Sustainability Facility The International Monetary Fund’s board on Monday approved a $1.3 billion loan, granting waivers for missing some key conditions and securing a fresh commitment from Pakistan to introduce new tax measures to offset the impact of a huge revenue shortfall. To secure the IMF board meeting date, Pakistani authorities agreed to fulfill two previous actions – a guarantee to issue a restructuring order for an undercapitalized bank and the publication of the governance and corruption assessment report – the latter costing the

October 15, 2025

News Desk

IMF warns global debt could reach 123% of GDP by decade’s end, approaching WWII levels

Warns of possible ‘unruly’ market correction that could trigger fiscal-economic ‘doom loop’ Global public debt is projected to rise above 100% of gross domestic product (GDP) by 2029, reaching the highest level since 1948 and continuing to rise, the IMF said on Wednesday, urging countries to build buffers to guard against financial risks. Vitor Gaspar, head of fiscal affairs at the International Monetary Fund (IMF), said global public debt levels could soar to 123% of GDP by the end of the decade under an “adverse but plausible scenario”, just below the all-time high of 132% reached just after World War

October 13, 2025

News Desk

Trump’s China Tariff Talk Clouds IMF, World Bank meetings

Finance leaders gathered in Washington this week were ready to discuss the stunning durability of the world economy in view of Donald Trump’s duties-up to the US Commercial Rhetoric of War was rekindled with the US president who threatened 100% of the US president who threatened 100%. Shopping, Reuters said. The annual meetings of the International Monetary Fund (IMF) and the World Bank are now certain that they will dominate questions about whether Trump’s oath reacts the dramatically expanded Chinese export controls will sink its two largest economies to one. Trump said his new invoices and exporting curbs would come

October 7, 2025

News Desk

PIA privatization enters the final stage, says Aurangzeb

Finance Minister Muhammad Aurangzeb has announced that the privatization of Pakistani International Airlines has entered its final phase, while the government is also actively considering the external assignment of Islamabad’s international airport and the privatization of energy distribution companies. Aurangzeb made observations during a meeting on Tuesday with a delegation led by the founder and chief executive of Acumen Jacqueline Novogratz. The meeting focused on investment opportunities, climate durability and ongoing economic reforms in Pakistan. In a formal statement, the Ministry of Finance stated that the minister informed the delegation on the government’s agenda and the efforts to stabilize the

October 6, 2025

News Desk

PSX sinks over 1,200 points amid profits, IMF concerns

The Pakistan Stock Exchange (PSX) closed sharply on Monday, as heavy profits dragged the KSE-100 index by 1,237.67 points or 0.73%, to settle at 167.752.40. The sale came amid investor warnings following reports that the International Monetary Fund (IMF) raised concerns about divergences in commercial data reported by the Pakistan Single Window (PSW) and Pakistan Automation Limited (Pral), putting the recent macroeconomic progress. Analysts have described the phase as a temporary pause and soon await a renewed investor confidence. Reading: PSX keeps a record record Market experts attributed the fall to a combination of domestic and geopolitical actors. M. Waqas

October 1, 2025

News Desk

PSX closes flat amid profits, careful perspective of ADB

PAKISTAN: It was an unstable day on the Pakistan Stock Exchange (PSX) on Wednesday, as the KSE-100 reference index moved in both directions before the meeting was almost flat. The market opened in a strong note, touching an intra -ended high of 166,522.61 points. However, confidence remained unstable and the profits were short -lived after news circulating that the Asian Development Bank (ADB) kept the development of Pakistan unchanged at 3% and delays in reforms, while fresh notifications to the IMF for one IMF. Reading: In Stellar Run, PSX goes up in New High Despite the government that promotes the

September 14, 2025

News Desk

DON’T TEACHER OF PAKTANTIKO CONSULTANT, the flexibility of budget

Islamabad: The International Monetary Fund (IMF) has expressed deep sadness over the loss of lives in recent devastating Pakistani floods and announced that the second mission of economic review would also evaluate the impact of the disaster on the economy, as well as the financial demands for recovery and recovery. According to sources, the IMF team will evaluate whether Pakistan’s fiscal policies and emergency measures are sufficient to tackle the crisis. “The mission will evaluate whether the FY26 budget, expenditure distributions and emergency provisions remain adequately flexible to address the needs of the floods required,” said Mahir Binici, a IMF

May 14, 2025

News Desk

Pakistan receives a second dose of IMF $ 1.02B: SBP

Listen to the article Pakistan has received a second tranche of $ 1,023 billion, equivalent to 760 million in Special Drawing Rights (SDR) by the International Monetary Fund (IMF) under the extensive installation of the Fund (EFF), announced Wednesday. According to the Central Bank, the influx will be reflected in the country’s foreign exchange reserves for the week expiring on May 16th. #Sbp It has received the second dose of SDR 760 million (US $ 1,023 million) from the IMF under the EFF program. The amount will be reflected in the SBP foreign exchange reserves for the week expiring on

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

April 24, 2025

News Desk

California surpasses Japan to become the fourth largest economy in the world

California has officially surpassed Japan to become the fourth largest economy in the world, Governor Gavin Newsom announced Wednesday, citing data from the International Monetary Fund (IMF) and the US Economic Analysis Bureau (BEA). The nominal GDP of the state reached $ 4.1 trillion, pushing it to Japan’s $ 4.02 trillion and fell only to the United States, China and Germany. According to the IMF’s global economic prospects of the IMF and the recent Bea data, the California economy continues to exceed world powers. At 6%growth in 2024, the state is in front of the United States (5.3%), China (2.6%)

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