Islamabad [Pakistan], August 3 (ANI): Amid dwindling foreign reserves, the International Monetary Fund (IMF) on Tuesday announced the approval of USD 1.2 billion in loans on the condition that Pakistan should timely secure adequate assurances from friendly countries in order to tackle the widening financial gap.
Islamabad [Pakistan], June 16 (ANI): After Prime Minister, Shehbaz Sharif-led government increased the prices of petrol in Pakistan for the third time, goods transporters suspended their operations at Karachi ports and have even threatened to go on for late-night strike.
Islamabad [Pakistan], June 16 (ANI): Pakistan Prime Minister Shehbaz Sharif on Thursday said that the Government was 'left with no choice' but to raise fuel prices while blaming the previous Imran Khan-led PTI government for signing the 'worst ever deal' with the International Monetary Fund (IMF).
Islamabad [Pakistan], June 9 (ANI): Putting Islamabad in a tight spot, the International Monetary Fund (IMF) has asked Pakistan to renegotiate the China-Pakistan Economic Corridor (CPEC) energy deals before making payments of around Pakistani rupees 300 billion to the Chinese power plants.
Islamabad [Pakistan], April 24 (ANI): Accusing former Pakistan Prime Minister Imran Khan of setting a trap for his successors by announcing heavy subsidies on fuel weeks before his ouster, Finance Minister Miftah Ismail has said that the government will have to withdraw the subsidies to revive the stalled bailout programme with the International Monetary Fund (IMF), said a media report.
Islamabad [Pakistan], April 21 (ANI): Pakistan Finance Minister Miftah Ismail on Wednesday said that the International Monetary Fund (IMF) wants the country to revoke the subsidies extended by the Imran Khan government by increasing fuel prices and power tariffs, to revive its Extended Fund Facility (EFF), reported local media.
Islamabad [Pakistan], March 23 (ANI): The International Monetary Fund (IMF) has reiterated the changes in personal income tax in Pakistan amid continuing economic downturn in the country.
Lahore [Pakistan], February 9 (ANI): The International Monetary Fund does not seem to be satisfied with the Imran Khan government despite the latter increased taxes on a number of products and services in Pakistan as IMF's Resident Representative Esther Perez Ruiz conveyed that Islamabad should not be limited to taking measures related to tax alone, but it should also find other ways to enhance the competitiveness of the economy.