Por: Los Angeles Times World July 13, 2023
The International Monetary Fund approved a much-awaited $3-billion bailout for Pakistan on Wednesday, the global lender said, a move likely to save the nation from defaulting on its debt repayments. The IMF said its executive board approved an agreement to release the funds over nine months to support Pakistan's economic stabilization program. The announcement comes less than two weeks after Pakistan and the IMF agreed to the plan following... + full article
MarketWatch USA Business July 13, 2023
The announcement comes less than two weeks after Pakistan and the IMF agreed to the plan following meetings with Prime Minister Shehbaz Sharif, Finance Minister Ishaq Dar and other officials. “The arrangement comes at a challenging economic juncture for Pakistan. A difficult... + más
IMF approves much-awaited $3 billion bailout for Pakistan, saving it from defaulting on debt | ABC News
IMF deposits much-awaited $1.2B with Pakistan's central bank under bailout, finance minister says | ABC News
ABC News USA Business July 13, 2023
ISLAMABAD -- Pakistan’s finance minister on Thursday said the International Monetary Fund deposited a much-awaited first installment of $1.2 billion with the country’s central bank under a recently signed bailout aimed at enabling the impoverished Islamic nation to avoid... + más
Pakistan avoids default as IMF approves much-awaited $3 billion bailout | MarketWatch
Time USA World July 12, 2023
In June, Pakistan was in a race against time to secure $1.1 billion from the International Monetary Fund (IMF) in a bid to solve its worst economic crisis since gaining independence from Britain in 1947. Days before an existing bailout package was set to expire, the country’s... + más
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ABC News USA World July 12, 2023
ISLAMABAD -- The International Monetary Fund on Wednesday approved a much-awaited $3 billion bailout for Pakistan, the global lender said, a move that's likely to save the impoverished Islamic nation from defaulting on its debt repayments.The IMF said its executive board... + más
Pakistan set for tax hikes in return for massive IMF bailout | Associated Press
The IMF is Lending $3 Billion to Pakistan-Is it Enough? | Time
Associated Press USA Politics February 14, 2023
ISLAMABAD (AP) — Cash-strapped Pakistan will impose new taxes of 170 billion rupees this month in a bid for massive bailout, officials and analysts said Monday, even as they warned the new taxes could .The dire outlook from economists and political analysts comes after the of... + más
Pakistan PM warns of 'tough time' to fulfill IMF conditions | Associated Press
Associated Press USA Business January 31, 2023
WASHINGTON (AP) — The outlook for the global economy is growing slightly brighter as China eases its zero-COVID policies and the world shows surprising resilience in the face of high inflation, elevated interest rates and Russia’s ongoing war against Ukraine.That’s the... + más
IMF Upgrades Outlook For the Global Economy in 2023 | Time
The Atlantic USA Opinion October 05, 2022
The IMF’s rebuke of Britain for tax cuts that will “increase inequality” is probably not the come-to-Jesus moment it might seem.Getty; The AtlanticOctober 5, 2022, 7:30 AM ETLast Thursday, the International Monetary Fund spooked the markets and surprised the commentariat... + más
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