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IMF says Pakistan met all quantitative performance criterias for end-June, barring one, with wide margins

The International Monetary Fund (IMF) has agreed to release the next loan tranche of $1b to Pakistan under the $6bn programme. However, a staff-level agreement reached between the Fund and the Pakistan government spells out tough conditions. The agreement, which still needs to be approved by the Fund's Executive Board, also praises Pakistan for meeting key targets and will likely improve investors' trust in the country. The breakthrough comes after protracted negotiations that began on October 4. The next loan tranche of $1.059 billion would bring the total IMF disbursements to Pakistan to $3....

The International Monetary Fund (IMF) has agreed to release the next loan tranche of $1b to Pakistan under the $6bn programme. However, a staff-level agreement reached between the Fund and the Pakistan government spells out tough conditions. The agreement, which still needs to be approved by the Fund's Executive Board, also praises Pakistan for meeting key targets and will likely improve investors' trust in the country. The breakthrough comes after protracted negotiations that began on October 4. The next loan tranche of $1.059 billion would bring the total IMF disbursements to Pakistan to $3....

glasgow meeting with british prime minister, PM Modi arrives in UK for COP26 summit, bilateral talks with Johnson, Latest news in India, Top breaking headlines on politics, current affairs, news live from other states on business, technology - Mathrubhumi, Latest India News | India Breaking News | India Politics | Mathrubhumi English, Latest India News | India Breaking News | India Politics | Mathrubhumi English

Prime Minister Narendra Modi arrived in Glasgow on Sunday for the COP26 climate summit and bilateral talks with British Prime Minister Boris Johnson on the sidelines of the United Nations (UN) meet.