Pakistan and the IMF

Stories on Pakistan and the IMF, page 3

November 2023

1. 15 Nov

   NEWSROOM

   IMF reach staff-level agreement with Pakistan on economic reforms to access $700m in funding

   The International Monetary Fund (IMF) and Pakistan have reached a staff-level agreement that could unlock $700 million in funding, as part of a larger $3 billion stand-by arrangement.

   

2. 14 Nov

   NEWSROOM

   Pakistan officially designates Ernst & Young to advise sale of PIA

   Ernst & Young to steer PIA's partial privatisation, encompassing state-owned international asset sales like hotels and properties, with the Pakistani government targeting early 2024 for completion.

   

July 2023

1. 9 Jul

   NEWSROOM

   Imran Khan urges IMF for support in elections

   PTI chairman Imran Khan has appealed to the IMF for swift elections in Pakistan in order to ensure his government's role as the sole guarantor for the country's recently secured $3 billion tranche.

   

2. 3 Jul

   NEWSROOM

   Pakistan Stock Exchange records highest single-day gains in 15 years

   Pakistan's stock market skyrockets as $3 billion IMF loan deal quells default concerns and attracts investors.

   

3. 3 Jul

   NEWSROOM

   Saudi Arabia and the UAE to invest $42bn into Pakistan

   Saudi Arabia and the UAE have committed to investing $24 billion and $22 billion into Pakistan respectively in order to explore opportunities in the country's information technology, agriculture, and mining sectors.

   

4. 2 Jul

   NEWSROOM

   Rupee gains 10 rupees in open market against U.S. dollar

   Pakistan's local currency experienced a significant recovery against the US dollar after reaching an agreement with the IMF, providing relief to the market and boosting confidence in the economy.

   

April 2023

1. 22 Apr

   NEWSROOM

   Pakistan to receive $2 billion from Saudi Arabia immediately after Eid

   Pakistan is set to receive an additional $2 billion deposit from Saudi Arabia to strengthen its struggling economy and foreign exchange reserves

   

2. 6 Apr

   NEWSROOM

   UAE last surety needed before funding is released, says IMF

   The IMF is assessing the commitment of friendly countries to financing Pakistan before disbursing fresh funds—the UAE is the only one left, says Dr. Aisha Ghaus Pasha.

   

3. 5 Apr

   NEWSROOM

   Saudi Arabia issues $2 billion in funding to Pakistan

   After China's extension of its safe deposit of $2 billion on existing terms, this funding from Saudi Arabia is a significant development for Pakistan's economy.

   

March 2022

1. 4 Mar

   NEWSROOM

   Pakistan to remain on FATF greylist until June at minimum

   Contingency plans have been put in place by the country's government to avoid itself falling into the dreaded FATF-sponsored blacklist.

   

2. 4 Mar

   OPINION

   Before you celebrate…

   With historically high disapproval, Khan's house of cards will come crumbling down very soon—MPA for the PML(N) Hina Butt writes.

   

February 2022

1. 11 Feb

   OPINION

   The nation’s real “dacoits”, exposed

   The prime minister's senior leaders continue to lie point-blank to the public, increasingly becoming more beligerent, writes Hina Butt.

   

December 2021

1. 9 Dec

   COMMENTARY

   Is this the Naya Pakistan we were promised?

   The transpiring of recent national events has left a question open to public judgement: who was right about a 'Naya Pakistan'? Hina Butt writes.

   

June 2021

1. 12 Jun

   NEWSROOM

   Pakistan uses U.S. military relations to leverage IMF pleas

   Islamabad confirms that U.S. military relations have reportedly given the Khan government leverage with their concessions with the IMF.