The staff-level agreement is subject to approval of the IMF's Executive Board. Upon approval, Pakistan will have access to about US$1.0 billion (SDR 760 million) under the EFF, bringing total ...

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday credited the Pakistan-China friendship and Beijing’s support for ...

The International Monetary Fund has reached a staff-level agreement to provide $2.3 billion to Pakistan in two separate loans, in a show of confidence by the global lender in the government’s ...

The IMF said Tuesday it has reached agreement with Pakistan on a new $1.3 billion loan program and reviewed an existing bailout that would, if approved, unlock an additional $1 billion. The new 28 ...

the IMF said on Tuesday. Pending board approval, Pakistan can unlock the $1.3 billion under a new climate resilience loan program spanning 28 months. It will also free $1 billion for the South ...

When the International Monetary Fund (IMF) approves loans for Pakistan, the news is often celebrated by political leaders and the media as a major achievement. These celebrations, while ...

Fitch Ratings upgraded Pakistan’s credit rating, citing confidence that the South Asian country will be able to sustain reforms under a loan program with the International Monetary Fund.

Following a two-week mission in Dhaka, the International Monetary Fund has not approved the release of the next loan ...

If we are able to harvest these great assets … Pakistan would say goodbye to institutions like the IMF … It will be able to get rid of the mountain of loans and borrowed sums of money costing ...

Just over a month after China rolled-over a $2 billion loan to Islamabad, Pakistan''s Finance Minister Muhammad Aurangzeb is expected to meet with his Chinese counterpart Lan Fo’an to discuss the ...