According to a report by the World Bank, China has become Pakistan’s largest lender, providing approximately 29 billion dollars in loans. The report states that Pakistan, with a population of 240 million, is among the top three countries to borrow from the IMF this year. The World Bank’s International Debt Report also mentions that the […]
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The International Monetary Fund (IMF) has issued a statement following discussions with Pakistan from November 12 to 15, led by Mission Chief Nathan Porter. The dialogue involved federal and provincial governments, private sector representatives, and was part of the IMF’s semi-annual review of Pakistan’s economic reforms and policies. Mission Chief Nathan Porter described the discussions […]
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Islamabad: An International Monetary Fund (IMF) delegation, led by Mission Chief Nathan Porter, met with Pakistan’s Finance Minister, Mohammad Aurangzeb, to discuss the ongoing $7 billion loan program. The delegation arrived at the Ministry of Finance, where Minister Aurangzeb welcomed them, joined by key government officials, including the State Bank Governor and FBR Chairman. During […]
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The International Monetary Fund (IMF) has presented a new demand for Pakistan to address its external financing gap. During virtual discussions, the IMF highlighted Pakistan’s $5 billion external financing gap and requested a comprehensive framework to bridge this deficit. Sources indicate that Pakistan may seek support from China and Saudi Arabia. The Ministry of Finance […]
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