A representative image shows the seal of the International Monetary Fund in Washington, D.C. on January 26, 2022. — AFP The IMF mission will visit Islamabad from November 11 to 15. The Minister of Finance and the Chairman of the Federal Reserve begin the first session with the International Monetary Fund. A mini-budget reveal is … Read more
Pictured is Finance Minister Muhammad Aurangzeb during his meeting with US Assistant Secretary of State for Energy Resources Jeffrey Pyatt on the sidelines of the annual meetings of the International Monetary Fund and World Bank on October 25, 2024. — X@Financegovpk The Minister of Finance emphasizes the challenges of the energy sector. Expresses hope for … Read more
Karachi: The Green Climate Fund (GCF) said on Wednesday that it has allocated $15 million to Pakistani venture capital firm Sarmayacar, so that it can help startups address the impact of climate change in the country that has been at the forefront of extreme weather. Floods in Pakistan, which scientists said were worsened by global … Read more
IMF Managing Director Kristalina Georgieva leaves after delivering a speech on global economic outlook and policy priorities ahead of the 2024 IMF and World Bank Group Annual Meetings in Washington, D.C., October 17, 2024. “Rising protectionism and trade restrictions fracture the global economy.” Global trade is no longer the engine of growth it once was: … Read more
A man walks past the International Monetary Fund logo at its headquarters in Washington, United States, May 10, 2018. — Reuters Pakistan’s ability to repay its debts depends on certain factors: International Monetary Fund. The International Monetary Fund says Pakistan needs to repay $18.8 billion in foreign debt this year. Global Lender Sponsored Program Fully … Read more
A representative photo of a girl balancing herself while walking on an abandoned railway track in a slum area of Karachi, Pakistan, July 10, 2023. — Reuters Pakistan’s peers have achieved more than double the average GDP per capita. The global lender is assessing Pakistan’s performance over the past 10 years. The Fund recommends strengthening … Read more