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In cash-strapped Pakistan, first challenge before the new government is to select the finance minister

Pakistan s political impasse may end with a coalition government, but economic worries persist over the finance minister appointment. The PML-N faces a choice between an experienced banker or a new face. The PPP opposes Dar s appointment. The IMF deal is crucial for Pakistan s credit profile. ....

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World Bank approves $350mn financing for Pakistan - Pakistan

Funds are to be used for Second Resilient Institutions for Sustainable Economy Operation, which aims to strengthen fiscal management ....

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Pakistan, IMF commence negotiations for release of $710 mn second tranche of $3 bn loan

Pakistan and the IMF have initiated discussions to secure the second tranche of a $3 billion bailout package, beginning on a positive note. IMF mission chief Nathan Porter praised Pakistan s commitment to meeting first-quarter targets, setting the stage for future reforms within the nine-month program. ....

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Pak To Become 4th Largest IMF Borrower After Receiving USD 3 Billion Loan

Debt-trapped Pakistan will become the fourth largest IMF borrower in the world after receiving a fresh loan of USD 3 billion in the next nine months under the standby arrangement reached with the global lender. ....

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Cash-Strapped Pakistan Seeks Speedy Refinancing of USD 1.3 Billion Loans from China

Cash-strapped Pakistan seeks fast-track refinancing of USD 1.3 billion loans from China, amid diminishing prospects of IMF loan revival. ....

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