1. Currency Pakistan is introducing an important change in its currency system with the launch of plastic (polymer) banknotes. This move is a major step in modernizing the country’s banking system and is consistent with global trends in the handling of currencies. Pakistan only disclosed the use of plastic money to the IMF (International Monetary […]
Continue Reading
1. Pakistan bans supplementary Pakistan has prohibited supplementary grants, which are often used to provide extra funding for different government sectors, under the International Monetary Fund (IMF) program. This move, which was prompted by the IMF, is a component of a larger plan to stabilize Pakistan’s economy and manage inflation. The prohibition on additional funding […]
Continue Reading
اسلام آباد: آنے والے مہینوں میں ملک کی معاشی پریشانیوں کے خاتمے کے لیے ایک اہم پیش رفت میں، بین الاقوامی مالیاتی فنڈ (آئی ایم ایف) اپنے جاری 3 بلین ڈالر کے اسٹینڈ بائی ارینجمنٹ (ایس بی اے) پروگرام کو مکمل کرنے کے لیے ملک میں ایک طویل نگراں سیٹ اپ کے ساتھ کام کرنے کا امکان ہے۔ دی نیوز نے جمعرات کو اعلیٰ سرکاری ذرائع کے حوالے سے یہ اطلاع دی۔ "آئی ایم ایف نے دکھایا ہے […]
Continue Reading
انہوں نے کہا کہ بین الاقوامی مالیاتی فنڈ (آئی ایم ایف) کے ایگزیکٹو بورڈ نے بدھ کو توسیعی فنڈ سہولت (ای ایف ایف) کے تحت پاکستان کے لیے ایک ارب ڈالر کے قرض کی منظوری دے دی، اس بات کی تصدیق وفاقی وزیر خزانہ اور محصولات شوکت ترین نے اپنے آفیشل ٹوئٹر ہینڈل پر شیئر کی گئی ایک پوسٹ میں کی۔ مجھے یہ اعلان کرتے ہوئے خوشی ہو رہی ہے کہ آئی ایم ایف بورڈ نے چھٹی قسط کی منظوری دے دی ہے […]
Continue Reading
ISLAMABAD: The International Monetary Fund (IMF) has postponed a board meeting meant to consider the country’s sixth review of the $6 billion Extended Fund Facility (EFF) until the end of January on a request from Pakistani authorities. The IMF accepted the conclusion of the sixth examination of its program for Pakistani under the Enhanced Funding […]
Continue Reading
WASHINGTON: Pakistan and the International Monetary Fund (IMF) have reached a staff-level agreement on revival of $6 billion Extended Fund Facility (EFF) that was suspended in April this year. “The Pakistani authorities and IMF staff have reached a staff-level agreement on policies and reforms needed to complete the sixth review under the EFF,” read a […]
Continue Reading
A deadlock persists between Pakistan and International Monetary Fund as the global lender has put forward harsh conditions for the release of stalled loan programme asking Islamabad to undo unnecessary tax holiday facility and raise the tax collection to Rs6,000 billion.Sources divulged to the 24NewsHD on Monday that talks between the IMF and Pakistan were […]
Continue Reading
ISLAMABAD: The Ministry of Finance has rejected the news regarding the failure of talks between Pakistan and the International Monetary Fund (IMF) and said there was not any deadlock with the IMF.Finance Ministry spokesman Muzammil Aslam, in a statement, said that there was no truth in the news about the deadlock, adding that the talks […]
Continue Reading
SLAMABAD: The International Monetary Fund (IMF) has asked the Pakistani government to increase the prices of gas and electricity for consumers in order to achieve the tax collection target set for the fiscal year, reported The News on Friday. In a recent meeting with Pakistani officials, the global lender asked the authorities to decrease the […]
Continue Reading