The International Monetary Fund (IMF) confirmed on Thursday that its executive board will meet on September 25 to discuss Pakistan’s $7 billion Extended Fund Facility (EFF). This follows Pakistan’s efforts to meet the lender’s conditions, including raising tax revenue by 40% and increasing energy prices. The country initially expected to secure the deal in August … Read more
The International Monetary Fund (IMF) has not yet included Pakistan’s $7 billion Extended Fund Facility (EFF) program in its Executive Board’s upcoming meetings, which are scheduled until September 18. Despite Pakistan’s efforts to secure necessary financing, the agenda for board meetings on September 9, 13, and 18 remains without the country’s program, as per the … Read more
The International Monetary Fund’s (IMF) Executive Board will not consider Pakistan’s $7 billion bailout package this week, as it is not included in the agenda for the upcoming meeting on September 4. According to the IMF’s website, the schedule for the Executive Board meetings on August 28, 30, and September 4 has been released, but … Read more
Finance Minister Muhammad Aurangzeb is addressing a ceremony at Pakistan Stock Exchange in Karachi on March 29, 2024. —X@Financegovpk Minister for Finance and Revenue Senator Muhammad Aurangzeb has said that he is confident that the International Monetary Fund’s (IMF) Board of Directors will approve the staff-level agreement by the end of August. Addressing the “Climate … Read more