Tags : loan program

IMF Confirms Pakistan’s Request for New Loan Program

Following discussions with Pakistan, the International Monetary Fund (IMF) has released an official statement confirming Islamabad’s formal request for a new loan program. Led by Mission Chief Nathan Porter, an IMF delegation engaged in extensive negotiations with Pakistani officials from May 13 to May 23, focusing on the country’s economic progress. The statement acknowledges Pakistan’s […]Read More

US supports IMF loan program for Pakistan

WASHINGTON: United States (US) supports International Monetary Fund (IMF) program for Pakistan, said Finance Secretary Janet Yellen. Due to financial difficulties and a delay in reaching an agreement with the International Monetary Fund (IMF), which would release much-needed funding essential to avert default risk, Pakistan’s economy is in disarray. Also Read: Budget 2023-24 debate in […]Read More