Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
In view of strong criticism at the government’s move to seek loan from the IMF despite its previous claim not to approach the international financial institution, the ministers are now defending the 5.3 billion dollars deal. The loan agreement signed in Islamabad on Thursday has raised fear of hike in power tariffs. Sartaj Aziz, a […]
Pakistan and IMF Thursday agreed for a 3-year programme of at least 5.3 billion dollars under the Extended Fund Facility. Officials said. Pakistan Finance Minister Ishaq Dar and Head of the IMF Mission Jeffrey Franks told a news conference in Islamabad they have agreed on 5.3 billion dollars loan facility but Pakistan has requested […]
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 […]
A high level Pakistani delegation is scheduled to leave for United States on April 16, to attend annual mandatory spring talks with IMF and World Bank. Advisor to Prime Minister on Finance, Dr. Shahid Amjad Chaudhry will head the delegation. The visit was announced hours after the Dr. Chaudhry was appointed advisor on […]
