Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
The International Monetary Fund (IMF) has approved a 6.7-billion-U.S. dollar loan program for Pakistan to support the country’s economic reform to promote inclusive growth. The three-year loan arrangement under the Extended Fund Facility (EFF) was authorized by the IMF’s executive board, and the approval enabled an initial disbursement of 540 million dollars, the IMF said […]
The International Financial Rating Agency Moody’s says the newly agreed International Monetary Fund program with Pakistan will help improve the country’s economy and development. In its report‚ the rating agency says with the payment of two point one billion dollars installment of loan by Pakistan through IMF will help reduce budget deficit. It said the […]
Pakistan and the International Monetary Fund have agreed to sign agreement regarding new debt arrangements. According to Ministry of Finance‚ negotiations between the two sides continued for two weeks‚ which remained successful. Under the proposed agreement‚ IMF will issue over five billion dollars soft term loan to Pakistan. The agreement in this regard will be […]
