IMF

Increasing exports to China is also on the agenda

Country faces $35 billion deficit, says Umar

The IMF said the approval released $5.7 billion to the government immediately, but it also includes tougher conditions

Country’s economy has been run into the ground for the last ten years

Governments in Pakistan invariably inherit a mess and also leave a mess

Argentinan government pledges to cut of $10 billion in health, education, transportation, public works and culture

The Saudi package will give Pakistan an excuse not to turn to the IMF for a bailout

Finance ministry confirms negotiations to begin in first week of November

Premier Imran says Riyadh must explain Khashoggi's death to international community

If Pakistan is to avoid the IMF then only three countries can provide the way out

Some experts would have us believe that Pakistan has no choice but to seek the IMF’s help, which is a fallacy

PM will undertake two-day visit to Riyadh from Oct 22

Says the opposition talks about democracy as it is afraid of going to jails

Lagarde had been set to participate in a conference on investments in the kingdom

Muhammad Aurangzeb was invited as the only CEO representative of the Pakistani banking sector

Market talk suggests currency will settle between Rs135 and Rs140 by mid-Dec

Foreign ministry spokesperson says loans under CPEC account for a low proportion

Benchmark index decreases 2% to settle at 36,767.57

Naya Pakistan will have to run to the IMF to pay for the sins of Purana Pakistan

Pakistan's threshold of pain is about to be tested

The fund cut its outlook for global GDP growth by 0.2 percentage point

Finance minister rejects US assertion that country facing economic woes owing to CPEC debt

Yuan has fallen more than 8% against dollar since end of April 2018

As escalating trade frictions and higher borrowing costs threatened to knock global growth

Part of the reason that Pakistan found itself in this situation is Chinese debt, says US State Dept spokesperson

IMF had warned this week that the US-China trade confrontation would hobble global economic growth

It comes following news of IMF mission’s upcoming visit to Pakistan

Interest rates may also peak to 15%, drastically slowing down economy

Benchmark index decreases 2.29% to settle at 37,517.93

The comment came at one of the annual meetings of the International Monetary Fund and World Bank in Bali

The current situation is the cumulative effect of the uncertainty following the Panama Papers

Finance ministers for developing nations in Group of 24 call for major economies to reform global trading system

Announcement comes after IMF chief voiced concern over CPEC debt

Pakistan has turned to the International Monetary Fund for a bailout package

Lender says potential gains from better asset management are considerable

Urges Pakistan to avoid excessive debts which cannot be repaid

Imran Khan says only PTI govt can steer the country clear of impending financial disaster

Downgrade comes in the wake of rising trade tensions, debt levels

Insists such tough decisions will steer the country out of current quagmire

IMF predicted that Iran's economy will sink deep in the red due to renewed US sanctions

Decision comes after friendly states refused to lend a helping hand

PTI-led coalition govt has had to grapple with the immediate and urgent problems during its first 45 days in power

Pakistan’s new premier stands on a giant uncanny chessboard

The government has done all it can to dodge the bullet of the IMF

Finance ministry announces readiness to adopt ‘decisive corrective measures’ on economy

Sources say PM still hopeful China, Saudi Arabia will lend a helping hand

SBP insists exchange rate of Rs137 to a dollar by the end of FY19 will be sufficient to address challenges

IMF is unsatisfied with the recent mini-budget and proposals for the fiscal deficit

Citi official says country should boost exports and attract FDI

Plans to utilise information being received under multilateral tax conventions, give push to cases under litigation