‘The next step with Pakistan’ to assurances of financial assistance from bilateral & other sources for release of a bailout tranche: IMF IMF spokesperson says Pakistan’s economy faces multiple challenges including slowing growth, high inflation & large financing needs WASHINGTON/ISLAMABAD ( Web News ) The International Monetary Fund (IMF) onRead More →

Mobilized for five to six billion dollar financing from Pakistan’s friendly countries Steps to early finalize staff level agreement with IMF ISLAMABAD ( Web News ) The government is trying to finalize the delayed staff level agreement with the IMF as soon as possible. On the demand of the IMF,Read More →

ISLAMABAD ( Web News ) Pakistan and the International Monetary Fund (IMF) failed to reach a staff-level agreement after 10 days of “tough” parleys aimed at unlocking critical funds needed for cash-strapped nation. The development comes as negotiations, which took place from January 31 to February 9, with the globalRead More →

Experts seek to redesign energy sector and shift to solar energy to save forex   ISLAMABAD ( Web News ) Experts at a seminar called for redesigning of energy sector immediately and shift to solar and wind power at household level so as to save the foreign reserves of theRead More →