Pakistan & IMF reach staff level agreement
Pakistan and the International Monetary Fund have reached a staff level agreement on policies and reforms to complete the sixth review under six billion dollars Extended Fund Facility. The agreement…
Pakistan and IMF likely to reach agreement by next week
Agreement between Pakistan and International Monetary Fund (IMF) is likely to be finalized by the next week. According to details, IMF has asked Pakistan to take steps to increase tax…
IMF approves $1.386 billion funding for Pakistan to help fight against Coronavirus
International Monetary Fund (IMF) has approved a $1.386 billion funding for Pakistan to help fight against Coronavirus. According to the declaration, the IMF approved the disbursement of $1.386 billion under…
Global Economy to shrink by 3% due to CoronaVirus pandemic: IMF Chief Economist
The International Monetary Fund has projected the global economy would shrink by 3% in 2020 due to coronavirus pandemic. This was stated by IMF chief economist Gita Gopinath while talking…
G7 & G20 countries expressed support for World Bank & IMF to temporarily halt debt payments for poor countries
G20 and the G7 countries have expressed their support to World Bank and IMF call for a temporary halt in debt payments for poorest countries, Radio Pakistan reported. This was…