IMF

The US dollar is being black-marketed in the open markets in Pakistan at 178 rupees in the absence of a check and balance system.

Pakistan has paid a whopping $100m in penalties to ADB for its failure in executing various donor-funded projects during last 15 years.
Pakistan paid $5 million in 2020 on account of sovereign and non-sovereign loans penalty and $2.3 million till June 2021.
ADB imposes 0.15% commitment charges on signed projects if executing agencies fail to deliver on implementation.

Tarin said, “There are certain conditions in the IMF agreement that require constitutional amendments and such changes cannot be effected because we lack a two-thirds majority in the parliament.”

Reza Baqir says the SBP is working with the government, banks, and other stakeholders to ensure sustainable growth.
The government and the IMF would soon announce the agreement to resume the $6 billion loan programme, says the SBP chief.
Says Pakistan’s economy has performed much better than predicted by the IMF last year.

The dean of the board Merza Hasan, the chair of the board’s ethics committee and the head of a separate panel on governance all rejected the request.

ISLAMABAD: Saudi Arabia has agreed to revive its financial support to Pakistan, including about $3 billion in safe deposits and…

He said the government is hiding details of the conditions agreed upon with the IMF from the Parliament, which shows that there is something fishy

IMF expresses serious concerns over Pakistan’s failure in operationalising Treasury Single Account (TSA-1).
IMF hints at bringing attached autonomous bodies and entities as part of the structural benchmark of $6 billion Extended Fund Facility (EFF).
IMF moving one step ahead to make TSA-2 part of a structural benchmark.