Jason Wu, Assistant Director at the International Monetary Fund's (IMF) Monetary and Capital Markets Department, addressed the tightening of monetary policy in Pakistan over the past two to three years to combat inflation. He emphasized the need for further efforts on both the demand and supply ...

Pakistan's Ministry of Finance revealed on Thursday night that the International Monetary Fund (IMF) Executive Board completed the first review of the $3-billion Stand-By Arrangement. Consequently, the Ministry announced the approval for an immediate disbursement of $700 million to Pakistan. This ...

Despite successful negotiations with Pakistani authorities in November, the International Monetary Fund (IMF) Executive Board meetings until December 14, 2023, do not include Pakistan on the agenda. The review under the $3 billion stand-by arrangement (SBA) program, following the lender's visit ...

The International Monetary Fund (IMF) has advised Pakistan to reassess its Public Sector Development Programme, citing its current unaffordability. The Fund communicated to the Pakistani government that the cost of ongoing projects amounts to Rs10.7 trillion. However, the allocated budget for the ...

The International Monetary Fund (IMF) and Pakistan have reached a staff-level agreement on the initial review within Pakistan’s Stand-By Arrangement (SBA), according to an IMF statement on Wednesday. The statement outlines the measures Pakistan has taken or will take to secure the next portion ...

In a significant development, the United Arab Emirates (UAE) has affirmed its commitment to assisting Pakistan in addressing its $6.5 billion external financing gap, a pivotal move disclosed in Islamabad. Sources report that a meeting transpired on Tuesday between the International Monetary Fund ...

The International Monetary Fund (IMF) has insisted that Pakistan implement taxes on the retail, real estate, and agriculture sectors. This demand surfaced during the ongoing technical-level discussions between Pakistan's economic team and a visiting IMF delegation. As negotiations progressed, ...

Islamabad : According to ARY News, the Oil and Gas Regulatory Authority (OGRA) has sent out a notification about the increase in gas prices in response to an additional request from the International Monetary Fund (IMF). The gas tariff has increased by 200%, while it has increased by 172% ...

A team from the International Monetary Fund (IMF) has recently evaluated the status of Pakistan's state-owned enterprises and has declined to accept a report submitted by the Pakistani government, as per sources on Monday. These findings come amidst ongoing technical-level discussions between ...

The negotiations between the Federal Board of Revenue (FBR) and the International Monetary Fund (IMF) has been revealed. According to sources, the IMF has put forth a demand to expand the taxpayer base. The Federal Board of Revenue (FBR) has provided assurances to the visiting IMF team that they ...