Pakistan has secured a $7 billion loan from the International Monetary Fund (IMF) under the Extended Fund Facility, with the first tranche of $1 billion already released. This 37-month loan program aims to support Pakistan’s efforts to achieve economic stability and promote stronger, more inclusive growth. Economic Growth and Challenges Pakistan’s economic growth rate has […]Read More
Prime Minister Shehbaz Sharif, speaking at an event in Islamabad aimed at promoting taxpayer participation, emphasized the necessity of another loan program from the International Monetary Fund (IMF) to stabilize Pakistan’s fragile economy. Sharif underscored the government’s obligation to initiate a new IMF deal for stability. However, he also highlighted the government’s commitment to simultaneously […]Read More
The government of Pakistan is preparing for important talks over the next installment of the $710 million loan, which is a component of the $3 billion standby agreement between the International Monetary Fund (IMF) and the Pakistani government. November 2 in Islamabad is the scheduled date of these negotiations. Despite the difficulties presented by the […]Read More
KARACHI: According to data released on Friday, Inflation in Pakistan rate remained over goal in August at 27.4 percent as reforms outlined as requirements for an IMF loan make it more difficult to control pricing pressures and reductions in the rupee’s value. Under a caretaker administration, the Asian country is on a difficult road to […]Read More
© 2023, ASFE World TV. All Rights Reserved.