Amidst very high inflation and extremely low forex reserves, the International Monetary Fund (IMF) bailout plan for Pakistan looks dicey, unless the country makes a strong case for debt sustainability, reported Daily Times.
Vote on IMF facility likened to death certificate for a buried man By Shamindra Ferdinando Samagi Jana Balawegaya (SJB) MP Dr. Harsha de Silva said that their decision to skip the vote on the ‘Resolution’ for the implementation of the arrangement under the EFF (Extended Fund Facility) of the International Monetary Fund for Sri Lanka […]
LAHORE: Prime Minister Shehbaz Sharif on Saturday emphasised that Pakistan has met all the “tough” conditions laid forth by the International Monetary Fund and now the lender has.
The Bank of Ghana has said it financed Ghana’s budget during the COVID-19 crisis so as to save the economy from total collapse. Despite its zero-financing policy, the central bank, in 2022, financed the budget with₵44.5 billion in the heady days of the pandemic. Justifying the decision, the bank’s director…
ISLAMABAD: Minister for Finance Ishaq Dar has said that Pakistan is not a beggar but a member of the International Monetary Fund and World Bank and no one can stop the country’s delegation.