ISLAMABAD: The Economic Coordination Committee (ECC) on Monday approved a financial support package worth over Rs17 billion for the loss-making national entity Pakistan International...
ISLAMABAD: An International Monetary Fund (IMF) team on Wednesday held the first round of talks on a possible IMF bailout, even as Pakistan insisted...
ISLAMABAD: Finance Minister Asad Umar’s bullish comments declaring the end of an economic crisis have bolstered confidence ahead of crunch talks with the International...
BEIJING: China has rebuffed the claim that the loans under China Pakistan Economic Corridor (CPEC) are responsible for the current financial situation of Pakistan.
At...
WASHINGTON: The United States (US) has said it is closely examining Pakistan’s request for the International Monetary Fund (IMF) programme to address its economic...
ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader Asad Umar, who is likely to be the next finance minister of the country, says the country’s economy may...
WASHINGTON: U.S. Secretary of State Mike Pompeo has warned that any potential International Monetary Fund (IMF) bailout for Pakistan’s new government should not provide...
LONDON: Britain's Serious Fraud Office said on Tuesday it had charged Barclays bank and four former managers, including a chief executive, with "conspiracy to...
ISLAMABAD: International Monetary Fund (IMF) chief Christine Lagarde has said that Pakistan still faces economic challenges despite improvements in the sector.
Lagarde, in a meeting...
ISLAMABAD: Defence Minister Khawaja Muhammad Asif on Friday said that protesting Pakistan International Airlines (PIA) employees cannot hold the country hostage.
NICOSIA, CYPRUS: The International Monetary Fund on Wednesday approved the disbursement of 126.3 million euros ($137.4 million) to Cyprus after the Eurozone member passed its ninth and penultimate review of its bailout programme.
BERLIN: Germany wants the International Monetary Fund involved in Greece's new bailout because of the economic rigour it brings more than for any financial help, government sources said on Thursday.
ATHENS: Greece on Wednesday geared up for a parliamentary vote on draconian reforms demanded by eurozone creditors in exchange for a huge new bailout, in what could be Prime Minister Alexis Tsipras's toughest political test yet.