As long as Pakistan is part of the IMF programme, there will be no threat or risk of default because the country can raise a sufficient amount of loans to meet its foreign exchange reserves requirements without facing any hurdles.
IMF
The International Monetary Fund (IMF) and Pakistan have finally reached a staff-level agreement on the disbursement of $1.17 billion to…
In light of declining global crude oil prices and a few days before the Punjab by-elections, Prime Minister Shehbaz Sharif…
The coalition govt has completed its hat-trick of raising domestic petroleum prices to win IMF support for resumption of loan. So far, the government has raised the price of petrol by Rs84/liter.
According to the Forex Association of Pakistan, on Wednesday the greenback depreciated by Rs1.25 against the previous day’s close of Rs 206, closing at Rs204.75 on Wednesday.
Prime Minister Shehbaz Sharif on Tuesday said that Pakistan’s “ultimate goal is self-reliance” in response to news that the country will receive not $1 billion but $2 billion in loans from the International Monetary Fund
ISLAMABAD: Pakistan today received the Memorandum of Economic and Financial Policies (MEFP) from the IMF which is a good omen…
The KSE-100 index surged to 41,878 points on Monday with a net gain of 826.78 points _ 2.01 percent while the volume of shares amounted to 122.621 million, involving an amount of Rs4.949 billion.