Cut spending or unveil mini-budget, says IMF Pakistan Blogging Sole

Cut spending or unveil mini-budget, says IMF Pakistan

 Blogging Sole

A representative image showing the seal of the International Monetary Fund (IMF) in Washington, DC, January 26, 2022. — AFP The IMF mission is in Islamabad from November 11 to 15. Finance Secretary, FBR chief begin first session with IMF. Revealing a mini-budget is a more viable option: official. ISLAMABAD: Finance Minister Mohammad Aurangzeb has … Read more

Aurangzeb says Pakistan shared economic roadmap with visiting IMF mission Blogging Sole

Aurangzeb says Pakistan shared economic roadmap with visiting IMF mission

 Blogging Sole

Finance Minister Muhammad Aurangzeb addresses the press conference in Islamabad on November 17, 2024. — Screenshot via YouTube/Geo News ISLAMABAD: Dispelling speculation over the visit of the International Monetary Fund (IMF) mission to Pakistan, Finance Minister Muhammad Aurangzeb said there were no surprises as “we have shared the economic roadmap of the country” with officials … Read more

Government rules out mini-budget after ‘productive’ IMF visit Blogging Sole

Government rules out mini-budget after ‘productive’ IMF visit

 Blogging Sole

Finance Minister Muhammad Aurangzeb addresses a press conference in Islamabad on June 13, 2024. —AFP FinMin describes the IMF discussions as “constructive and productive”. An open and factual dialogue took place with the IMF team, says Aurangzeb. The IMF claims to have held constructive negotiations with the Pakistani authorities. ISLAMABAD: The federal government has rejected … Read more

IMF wants Pakistan to mobilize revenue from untapped tax bases Blogging Sole

IMF wants Pakistan to mobilize revenue from untapped tax bases

 Blogging Sole

The International Monetary Fund (IMF) logo is seen outside its headquarters in Washington, the United States, September 4, 2018. — Reuters The IMF mission concludes its visit to Pakistan from November 12 to 15. He says he is encouraged by the authorities’ commitment to reforms. Next mission for the first review of the FEP expected … Read more

The IMF asks the provinces for a timetable for the financial contribution of the HEC and BISP Blogging Sole

The IMF asks the provinces for a timetable for the financial contribution of the HEC and BISP

 Blogging Sole

The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, the United States, September 4, 2018. — Reuters The IMF mission could conclude its negotiations with the Pakistani authorities today. The Fund may prefer to issue a press release following the negotiations. The lender is looking to make progress on six … Read more

Selling 4% of IMF gold could reduce debt for 86 countries, study finds Blogging Sole

Selling 4% of IMF gold could reduce debt for 86 countries, study finds

 Blogging Sole

Gold bars are seen at the Austrian gold and silver separation plant “Oegussa” in Vienna, Austria, March 18, 2016. — Reuters To help provide debt relief to low-income countries devastated by climate-related disasters, the International Monetary Fund (IMF) should sell 4% of its gold, study suggests, as climate finance dominates first discussions of the COP29 … Read more

IMF expresses concerns over $1.2 billion Saudi oil facility Blogging Sole

IMF expresses concerns over .2 billion Saudi oil facility

 Blogging Sole

The International Monetary Fund logo is seen inside the headquarters in Washington, United States, October 9, 2016. — Reuters Potential delay linked to Saudi Arabia conditions on the Reko Diq project. Sources suggest Pakistan has a backup plan if Saudi oil facilities shut down. The IMF mission discusses external financing in the context of economic … Read more