IMF folds

IMF agreement not reason behind increase in dollar price: Asad Umar Asad Umar on Thursday said increase in dollar price against  Pakistani rupee is not caused by the agreement which Pakistan and IMF reached recently. In an informal talk with the media, he said there was no such condition  attached to the agreement. He said […]

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ISLAMABAD: The talks with International Monetary Fund (IMF) team focused on briefing on tax amnesty scheme by the Federal Board of Revenue, privatisation programme, power and gas tariffs, and the government’s policies. Pakistan will have to submit its fresh plan on privatisation front in order to strike a deal with the visiting IMF mission as […]

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ISLAMABAD: The IMF has folded its bailout package with more stringent conditions as Islamabad have been conveyed to ensure guarantee from China that it will get rollover of $5 to $7 billion debt on account of deposits and commercial loans in order to meet its financing requirements during the program period. The IMF has put […]

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