Page 97 - Imf News Today

PM says time to rid country of loans, economic prosperity to arrive soon if efforts continue in right direction

ISLAMABAD: The disbursement of US$1.1 billion by the International Monetary Fund (IMF) will help Pakistan achieve greater economic stability, Prime Minister Shehbaz Sharif said on Tuesday (Apr 30), amid discussions for a new loan programme. The funding was the second and final tranche of Pakistan's US

The Khor Mor gas field, located southwest of Sulaimaniyah, is being developed by the UAE's Dana Gas company.

In his address, the leader sharply criticised India's aspirations of becoming a superpower while Pakistan grapples with financial challenges, questioning the responsible parties behind the nation's economic woes. This statement comes as the International Monetary Fund approved the second and last tranche of the $3 billion standby agreement.

Asias growth outlook for 2024 brightens with the International Monetary Fund projecting 4.5% growth, driven by China and India.

The IMF recently revised Indias growth forecast upward to 6.8% from 6.5% projected in its January forecast. The fund also revised Indias FY24 growth outlook upward to 7.8%, higher than the governments projection of 7.6%. “India and the Philippines have been the source of repeated positive growth surprises, supported by resilient domestic demand,” IMF said in its report.

Pakistan News: Pakistan PM optimistic about IMF's $1.1B tranche, eyes new bailout. Economists caution on financial reliance. IMF approves funds release. Pakistan cri

Sectors like farmland and hotels & leisure have seen significant investor attention in the past year.

ISLAMABAD: The disbursement of $1.1 billion by the International Monetary Fund (IMF) will help Pakistan achieve...

Surge in Australian real estate