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A service for global professionals · Monday, December 9, 2019 · 504,419,455 Articles · 3+ Million Readers
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Pakistan IMF News Monitoring Service

  • Published on 13:43 GMT

    Pakistan, Asian Development Bank sign loan agreement worth USD 1.3 billion

    ISLAMABAD: Pakistan on Monday signed an agreement with the Asian Development Bank for a loan worth USD 1.3 billion to support the cash-strapped country's public finances and shore up its slowing economy. "Economic Affairs Division and ADB have …

    Source: The Economic Times
  • Published on Dec 8, 2019

    Pakistan government must prove pro-poor credentials

    New York-based credit rating agency Moody's last week raised Pakistan's economic outlook from negative to stable on the back of the country's reforms. It is pleasing news, but stands in contrast to the squeeze being experienced in household …

    Source: Khaleej Times
  • Published on 16:54 GMT

    Rupee climbs

    It has been a rough ride for the PTI government in terms of the economic issues it has had to face. The slide of the rupee against the US dollar, record inflation, rising interest rates and the general slowdown in economic activity leading to joblessness …

    Source: Pakistan Today
  • Published on Dec 8, 2019

    Pakistan's circular debt rising by Rs21b per month: ADB

    Bank’s estima­te counte­rs govt’s claim of reduci­ng circul­ar debt to Rs12b a month PHOTO: AFP ISLAMABAD: Contrary to Pakistan Tehreek-e-Insaf (PTI) government’s claim of reducing the flow of circular debt to Rs12 billion a month, the Asian Development …

    Source: The Express Tribune
  • Published on Dec 8, 2019

    Climate at crossroads: taming global warming

    Pakistan should impose a $30 a ton carbon tax by 2030 With regard to the global warming targets, article 1, clause (b) of the Paris Agreement, signed in 2015, indicated ‘Holding the increase in the global average temperature to well below 2 °C above pre- …

    Source: Pakistan Today
  • Published on Dec 8, 2019

    CITY NOTES: Crimes do not pay (but some do)

    It was a violent past few days. Misri Shah is known for violent crime, but even it must have been shocked by the killing of two twins Faizan and Rehman Sadiq in a clash between two gangs of drug pushers. The deceased had several cases registered against …

    Source: Pakistan Today
  • Published on Dec 7, 2019

    US Warning Over CPEC: What’s the Reality of China-Pakistan Ties?

    Image of Chinese flag (R) and Pakistani flag (L) used for representational purposes.(Photo: Arnica Kala / The Quint Dr Tara Kartha 28.11.19 Alice G Wells, Principal Deputy Assistant Secretary for South Asia and Central Asia, is nothing if not …

    Source: South Asia Journal
  • Published on 04:06 GMT

    Improvement in macroeconomic numbers not reflected in lives of the masses

    PHOTO: REUTERS ISLAMABAD: Macroeconomic indicators of the last quarter have exhibited some signs of stability, which the country’s economic managers perceive as signs of recovery. However, recovery can be made when the GDP growth rate bounces back to near …

    Source: The Express Tribune
  • Published on Dec 7, 2019

    ADB okays $1.3b emergency loan for Pakistan

    STAFF REPORTER ISLAMABAD The Asian Development Bank (ADB) has approved an emergency loan of $1.3 billion for Pakistan to provide immediate support to the country’s finances and help strengthen a slumping economy, according to a press release issued on …

    Source: Pakistan Observer
  • Published on Dec 7, 2019

    ADB approves $1.3 bn loans for Pakistan

    ADB approves $1.3 bn loans for Pakistan ISLAMABAD: The Asian Development Bank (ADB) on Friday approved two loans of $1.3 billion for Pakistan’s budgetary support and policy based lending for crippling energy sector. Thus, Pakistan has become the first …

    Source: The News International
  • Published on Dec 7, 2019

    ADB approves $1.3bn loans for Pakistan

    ADB approves $1.3bn loans for Pakistan By News Desk ISLAMABAD: The Asian Development Bank (ADB) on Friday approved two loans totaling $1.3 billion for budgetary support and key reforms in Pakistan. The ADB approved $1 billion in immediate budgetary support …

    Source: The News International
  • Published on Dec 7, 2019

    Ending Pakistan’s boom-bust cycle is central bank’s new plan

    Ending Pakistan’s boom-bust cycle is central bank’s new plan KARACHI: Pakistan’s central bank wants to boost exports to help end a chronic boom-and-bust cycle now that the economy is showing signs of stability, Bloomberg reported on Friday. In an interview …

    Source: The News International
  • Published on 02:40 GMT

    A long battle

    THE start is encouraging, as the government has posted some early successes to boast about. Pressures on the country’s external sector are subsiding and foreign exchange reserves, which soared to over $9 billion at the end of the last month, have begun …

    Source: The Dawn
  • Published on 02:40 GMT

    Provinces forego uplift plans, return Rs202bn to Centre

    ISLAMABAD: The four provinces jointly provided a whopping cash surplus of Rs202 billion to the Centre during the first quarter (July-September) of the current fiscal year to help meet its fiscal targets committed to the International Monetary Fund (IMF). …

    Source: The Dawn
  • Published on 02:12 GMT

    Rising financial colonialism

    Rising financial colonialism Pakistan has been hit with a serious financial crisis. The underlying causes may range from poor decision-making, decreased exports, low level of savings and investment, low wages, increasing unemployment to low tax collections …

    Source: The News International
  • Published on Dec 6, 2019

    ADB approves loans worth $1.3 billion for Pakistan

    ISLAMABAD: The Asian Development Bank (ADB) on Friday approved two loans totaling $1.3 billion for budgetary support and key reforms in Pakistan. The ADB approved $1 billion in immediate budgetary support to Pakistan to “shore up the country’s public …

    Source: GEO TV
  • Published on 00:27 GMT

    To survive, we need intersectional solidarity

    On Friday, December 1, two protest marches met in central London in what felt like a magical moment. A few thousand striking university lecturers had just reached the British Parliament at Westminster after marching from the Bloomsbury neighbourhood, when …

    Source: Al Jazeera
  • Published on Dec 6, 2019

    Asian Development Bank Approves $1.3 Billion Loan to Pakistan as its Economy Continues to Strengthen

    Asia & Pacific 15:02 06.12.2019(updated 16:52 06.12.2019) Get short URL https://cdn4.img.sputniknews.com/images/105373/64/1053736445.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik …

    Source: Sputnik International
  • Published on Dec 7, 2019

    Out of the IMF loop

    Out of the IMF loop Past governments have claimed that Pakistan will soon become an ‘Asian Tiger’ or that CPEC is the game changer we were waiting for. Yet, the Pakistan economy has stayed firmly in its decades-old circular logic of stability, …

    Source: The News International

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