IMF

While we are quick to criticise what’s wrong, we also need to appreciate what’s right

The IMF said that the global economy would shrink by 3% in 2020 before staging a partial rebound in 2021

As global coronavirus cases exceed 2.2 million

IMF says balance of payments situation may worsen due to economic shocks

IMF says the global economy is expected to shrink by 3.0% during 2020

The local currency had closed at Rs166.88 on Thursday

Pakistan also expects to get $1.5b relief in shape of delay in repayment of loans to bilateral creditors

G20 debt relief to have ‘substantial’ impact on Pakistan, says foreign minister

Disbursement of $1.4 billion is scheduled to happen next week, says IMF

Qureshi says initial debt relief was for a year but could be extended since the situation was still evolving

Predicts impact of the virus on the region will be severe, across the board, and unprecedented

And that is still not the worst-case scenario.

Pakistan will have to pay $19b worth of debt, face big drop in remittances

Pakistan’s deficit can reach Rs4tr due to coronavirus impact, according to IMF findings

The int’l money lender says unemployment rate in Pakistan will jump

IMF board approves first batch of countries to receive grants

Dr Abdul Hafeez Shaikh says without it developing countries will be worst affected from COVID-19 pandemic

State Bank of Pakistan says optimism is now subject to risks arising from spread of coronavirus

World Economic Outlook’ says breathtaking downgrade will be followed by 5.8% growth in 2021

This is bound to increase unemployment in the country — from 2.4% to 9%

Amount includes $23b principal loans, another $4.6b on account of interest payments

Skilled labour can not only be real Relief Tigers but also modernisation drivers

Loan will be given to extend budgetary support to the country in the wake of economic slowdown

World Bank report estimates the country’s GDP to contract up to 2.2%

Group will provide input on policy challenges including economic impact of coronavirus

The government would need to abandon the IMF programme forthwith

Seeks to do away with responsibility of controlling inflation, supporting growth

We anticipate the worst economic fallout since the Great Depression says IMF managing director

Says over 170 countries will experience negative per capita income growth this year

Plan to remove him from post of central bank BoD chairman proposed

Government adds nearly Rs6tr in one year and situation is likely to worsen

Imran says industries connected to construction will continue to function even during lockdown

Foreign minister apprises his Indonesian counterpart of the law change in Occupied Kashmir

Suggest increase in spending on health sector to tackle slowdown caused by COVID-19

WHO DG says his agency, WB and IMF backed debt relief to help developing countries cope with the consequences

Fresh lending of $200m from World Bank likely to be approved on Thursday

Foreign minister says the government is carefully monitoring coronavirus trends worldwide

The only way to address that is to invest in the healthcare sector

Over 80 countries, mostly of low incomes, have already have requested emergency aid from International Monetary Fund

The world is already being forced to face the prospect of a profound shift to a self-sufficient economy

IMF confirms Pakistan has approached it for $1.4 billion financial support

Payments to creditors in last quarter are likely to further stretch official foreign currency reserves

WB, IMF will also seek endorsements for the proposal at their combined meetings in April

Move aims to help countries that are home to two-thirds of the world's population living in extreme poverty

Decision comes as developing countries grapple with severe consequences of the rapidly spreading coronavirus

IMF official says these countries should devalue currencies instead of giving credit concessions

Qureshi speaks on the phone with Bangladeshi, French and Spanish counterparts

Finance adviser meets businessmen to seek input for economic relief package

Official says steady growth, high employment rates mean economy should weather the shock

Federal cabinet approves 3% GDP growth target, inflation target set at 8.4% for FY21