ISLAMABAD: The first round of talks for a financial bailout has ended today (Tuesday), where Pakistan refused to accept International Monetary Fund’s (IMF) demands of an increase in tax rates and electricity prices. Finance Minister Asad Umar while speaking to media after the meeting said that disagreements with the IMF continue on certain issues, which […]
bailout package
Govt to avail 19th IMF program: Asad Umer
ISLAMABAD: Finance Minister Asad Umer on Wednesday has confirmed that the government is going to avail the 19th program of International Monetary Fund (IMF). “We are going to take 19th IMF program. However, this would be the last IMF program of Pakistan,” the finance minister said, while speaking to a private news channel. “PTI government […]
Bailout package: IMF delegation arrives in Pakistan
ISLAMABAD: A delegation of the International Monetary Fund (IMF) has arrived in Pakistan on Wednesday to hold talks with the government on a possible bailout package. IMF’s technical team will hold talks with Pakistani officials. Pakistan will inform the money watchdog about the country’s economic needs. Finance Minister of Pakistan, Asad Umar and heads of […]