Pakistan PM Sharif Welcomes IMF's $7 Billion Funding Agreement
Pakistan has been struggling with boom-and-bust economic cycles for decades, leading to 22 IMF bailouts since 1958. Currently the country is the IMF's fifth-largest debtor, owing the Fund $6.28 billion as of July 11, according to the lender's data.
Pakistan has received "significant financing assurances" from China, Saudi Arabia and the United Arab Emirates linked to a ...
Pakistan's Finance Minister, Muhammad Aurangzeb, forewarned 'transitional pain' as the nation embarks on its 25th IMF program ...
The executive board of the International Monetary Fund has approved a new $7 billion loan for cash-strapped Pakistan, ...
Sharif specially thanked China for helping Pakistan to secure the bailout, but declined to provide further details. The IMF had asked Pakistan to broaden the country’s tax base and eliminate ...
Pakistan has secured significant financing assurances from China, Saudi Arabia, and the UAE as part of a new IMF program that extends beyond rolling over $12 billion in loans. This program requires ...
Pakistan has received "significant financing assurances" from China, Saudi Arabia and the United Arab Emirates linked to a ...
The Fund issued a statement which stated; the Executive Board of the International Monetary Fund (IMF) concluded the 2024 ...
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