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IMF lauds Pakistan's positive economic indicators: Hammad


Top Story
April 13, 2021
ISLAMABAD: Minister for Finance and Revenue Hammad Azhar on Monday held a virtual meeting with International Monetary Fund s (IMF) Managing Director Kristalina Georgieva where she acknowledged the need for the welfare of people as the focus of all policy endeavors.
Had a productive virtual meeting with IMF MD on the state of Pakistan s economy and implementation of reforms. Grateful that she acknowledged the positive economic indicators and the need to keep the welfare of people of Pakistan as the focus of all our policy endeavors, Hammad said after the meeting.
Georgieva held the virtual meeting with Hammad Azhar and Governor State Bank of Pakistan Dr Reza Baqir. She later tweeted: I commended Pakistan s response to the health and economic crisis, and we discussed the way forward for vital economic reforms and external financing needed to build a better future for Pakistan s people. ....

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IMF lauds Pak economic indicators: Hammad


Top Story
April 13, 2021
ISLAMABAD: Minister for Finance and Revenue Hammad Azhar on Monday held a virtual meeting with International Monetary Fund’s (IMF) Managing Director Kristalina Georgieva where she acknowledged the need for the welfare of people as the focus of all policy endeavors.
“Had a productive virtual meeting with IMF MD on the state of Pakistan’s economy and implementation of reforms. Grateful that she acknowledged the positive economic indicators and the need to keep the welfare of people of Pakistan as the focus of all our policy endeavors,” Hammad said after the meeting.
Georgieva held the virtual meeting with Hammad Azhar and Governor State Bank of Pakistan Dr Reza Baqir. She later tweeted: “I commended Pakistan’s response to the health and economic crisis, and we discussed the way forward for vital economic reforms and external financing needed to build a better future for Pakistan’s people.” Pakistani authorities and IMF high-u ....

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IMF wants SBP Amended Act 2021 approved from parliament


IMF wants SBP Amended Act 2021 approved from parliament
Top Story
March 11, 2021
ISLAMABAD: The International Monetary Fund (IMF) has shared a draft of the Memorandum of Financial and Economic Policies (MEFP) with the Pakistani authorities and placed approval of the SBP’s amendment act 2021 from parliament as part of condition for the completion of the sixth review under the $6 billion Extended Fund Facility (EFF) programme.
The hiking of gas tariff with effect from July 1, 2021 has also been part of the IMF programme. The power tariff will further be increased in the months ahead. The government has also agreed to accelerate the stalled privatisation programme and renewed efforts will be made to privatise certain state-owned entities. The government has also agreed to continue the fiscal consolidation but the budget deficit target exceeded slightly than the envisaged target of seven percent of the GDP for the current fiscal year. ....

Abdul Hafeez Shaikh , Naveed Kamran Baloch , Raza Baqir , Teresa Daban Sanchez , Q Block Finance Ministry , International Monetary Fund , Fund Facility , World Bank , Economic Policies , Extended Fund Facility , Tax Reform Amendment Bill , General Sales Tax , Tax Reform Bill , Finance Bill , Finance Dr Abdul Hafeez Shaikh , Finance Ministry , Finance Naveed Kamran Baloch , Executive Director , Reserve Bank , Reserve Bank Act , Deputy Chairman Senate , Pakistan Teresa Daban Sanchez , அப்துல் ஹபீஸ் ஷேக் , நவீத் கம்ரான் பலூச் , ர்யாஸா பாகீர் , தெரசா தபன் சான்செஸ் ,

IMF wants SBP Amended Act approved from parliament


IMF wants SBP Amended Act approved from parliament
Top Story
March 11, 2021
ISLAMABAD: The International Monetary Fund (IMF) has shared a draft of the Memorandum of Financial and Economic Policies (MEFP) with the Pakistani authorities and placed approval of the SBP’s amendment act 2021 from parliament as part of condition for the completion of the sixth review under the $6 billion Extended Fund Facility (EFF) programme.
The hiking of gas tariff with effect from July 1, 2021 has also been part of the IMF programme. The power tariff will further be increased in the months ahead. The government has also agreed to accelerate the stalled privatisation programme and renewed efforts will be made to privatise certain state-owned entities. The government has also agreed to continue the fiscal consolidation but the budget deficit target exceeded slightly than the envisaged target of seven percent of the GDP for the current fiscal year. ....

Abdul Hafeez Shaikh , Naveed Kamran Baloch , Raza Baqir , Teresa Daban Sanchez , Q Block Finance Ministry , International Monetary Fund , Fund Facility , World Bank , Economic Policies , Extended Fund Facility , Tax Reform Amendment Bill , General Sales Tax , Tax Reform Bill , Finance Bill , Finance Dr Abdul Hafeez Shaikh , Finance Ministry , Finance Naveed Kamran Baloch , Executive Director , Reserve Bank , Reserve Bank Act , Deputy Chairman Senate , Pakistan Teresa Daban Sanchez , அப்துல் ஹபீஸ் ஷேக் , நவீத் கம்ரான் பலூச் , ர்யாஸா பாகீர் , தெரசா தபன் சான்செஸ் ,