$1 billion IMF tranche talks conclude 'successfully'

The program of extended facilities to be held with the IMF and the operation to clean up the balance sheet of the BCRA will be a milestone for our financial system. The rescue of the untransferable letters of the Treasury by SDR/currency, together with the task of transferring to the Treasury the “remunerated liabilities” that was completed during the first year of the management, will allow us, for the first time since the convertibility, to ha…

$1 billion IMF tranche talks conclude 'successfully'

Finance Minister Muhammad Aurangzeb has said that talks between Pakistan and the International Monetary Fund for over $1 billion tranche remained successful and a formal communiqué by the Fund will be released today (Saturday). The finance minister made the statement during a meeting at the Prime Minister's House, which Shehbaz Sharif chaired to hear out the business community's grievances, according to the government sources. Shehbaz Sharif inq…

IMF expresses satisfaction with Pakistan’s economic measures

IMF mission praises Pakistan's strong implementation of $7 billion loan program, discusses new loan arrangements for economic stability.

IMF Expresses Satisfaction with Pakistan's Economic Measures

Get latest articles and stories on World at LatestLY. An IMF mission after a key visit to Pakistan acknowledged that the country achieved a strong implementation of the USD 7 billion loan programme agreed upon last year, it emerged on Saturday. World News | IMF Expresses Satisfaction with Pakistan's Economic Measures.

For this Saturday, March 15, the International Monetary Fund (IMF) is scheduled to begin the second review of meeting the goals of the Fund's Expanded Service Agreement (SAF) that Ecuador signed with this organization in 2024 for $4 billion.

Reforms take time as economy transformation starts: APBF

ISLAMABAD The All Pakistan Business Forum (APBF) has said that the government should be committed to transforming the economy of the country, as the process of transforming the economy is already underway in the country, acknowledging that structural reforms in every sector takes time. APBF President Syed Maaz Mahmood asked the government to take proactive measures to encounter external and domestic challenges, besides stabilizing the economy. I…