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The International Monetary Fund has said it is working expeditiously to respond to Pakistan’s request for emergency assistance to deal with coronavirus outbreak through a relief package. “Our team is working expeditiously to respond to this...

Decisive policy implementation since June has started to reverse Pakistan’s large imbalances, preserving financial stability, the International Monetary Fund said in its first review of the loan facility for the country.  The Fund, which this week...

  The Imran Khan Government feels the heat of a conditions-loaded IMF bailout deal as stocks plunged a day after the country concluded a $6 billion arrangement with the lending institution. Despite the fact that Prime...

Following extensive deliberations, the International Monetary Fund and Pakistan have agreed on a 39-month Extended Fund Arrangement (EFF) under which the Fund will loan Pakistan $6 billion. The bailout package is subject to IMF management approval....

Finance Minister Asad Umar said Pakistan and International Monetary Fund have almost reached a deal in principle on a bailout package as Islamabad strives for a fix to the balance of payment crisis amid ballooning trade...

Image: Jhimpir Wind Farm Credit: Muzaffar Bukhari from Islamabad Pakistan’s economic growth will slow down to 2.9 percent of GDP this year, a slump from 5.2% last year as the country faces some...

Photo: Screenshot/Imran Khan (official) Facebook video Christine Lagarde, Managing Director of the International Monetary Fund (IMF), who met with Prime Minister Imran Khan in Dubai on Sunday, has reaffirmed the financial institution’s support for Pakistan, which...

A view of highways netowrk in Karachi Image: Newsphoto90/suleman sajjad (Nagan Ch, Karachi)/ Wikimedia Commons By hosting data on the economy and national accounts at one portal, Pakistan has taken a step toward transparency and implemented...

During its first 40 days in power, the Imran Khan government has faced dozens of controversies from free fall of the Rupee to gas price hike and U-turns on some key issues. Yet, the prime minister’s...

Pakistan will maintain its economic growth at over 5 percent as the country sees massive investments in infrastructure projects, the International Monetary Fund predicted. In its World Economic Outlook for 2017, the Fund said Pakistan is...