Saturday , September 28 2024

Tag Archives: IMF

China pledges support for Pakistan in IMF approval, says FM

Federal Minister of Finance, Muhammad Aurangzeb, has stated that Chinese ministers have appreciated the discussions with the International Monetary Fund (IMF) and that China will support Pakistan in the IMF board’s approval. He added that without achieving macroeconomic stability, the issues will not be resolved. During a press conference in …

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Govt seeks rollover of $ 9 bn from friendly countries

The federal government has prepared a plan to roll over a $9 billion loan from China and Saudi Arabia for the current fiscal year. Pakistan has over $20.8 billion in payments due, while it has assurances of $10.7 billion in project financing. The briefing mentioned that the government is in …

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