Pakistani Military kneels before IMF, announces defence budget cuts
It’s official - Pakistan Armed Forces has ultimately succumbed to the pressure of International Monetary Fund (IMF), the global lender which awarded bailout package of 6 billion ...
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Imran Khan faces internal rebellion over IMF bailout
There have been signs of internal dissent over Pakistan approaching IMF for a bailout package from the very start. In fact, the bailout process was delayed by ...
IMF bailout won’t succeed without major cuts in Pak defense budget, says a think tank report
European Foundation for South Asian Studies (EFSAS), a prominent European think tank based in the Netherlands has criticized 6 billion IMF bailout package to Pakistan and claimed ...
Pakistani Rupee hits an all-time low after IMF bailout announcement
After the announcement of IMF bailout, Pakistani rupee has hit an all-time low of 148.0 rupees per dollar. The global lender expects Pakistan to let the market decide the ...
Pakistan stock market crashes after IMF bailout package
As IMF agreed to give 6 billion dollars to debt-ridden Pakistan, it seems that bailout package does not go well with the investors in the country. The ...
IMF’s visit to Pakistan postponed, may delay bailout package
International Monetary Fund (IMF) may delay the loans to debt-ridden Pakistan. IMF officials were expected to visit Islamabad by the end of this month. The bailout package ...
Ahead of IMF bailout talks, Pakistan’s rupee hits a new low
As Imran Khan led government prepares for 22nd IMF bailout, Pakistan’s currency has hit a new low of 140.78 rupees per dollar. The global lender expects Pakistan to ...
Bankrupt Pakistan needs $25 billion a year to repay debt, IMF bailout is not enough
The economic condition of Pakistan has not been good in the last few months. The prime minister of the country is touring around the world with a ...
Pakistan resorts to fooling the global community as IMF looks all set to reject its loan appeal
A day after UN Security Council (UNSC) has named Jaish-e-Mohammed (JeM), the terrorist organization which has claimed responsibility for the Pulwama attack in a statement condemning in ...
An IMF bailout will only make matters worse for Pakistan
Pakistan Prime Minister, Imran Khan, in his recent interview to Washington Post sounded squeamish on the IMF bailout question. He said that he is exploring other ways ...
IMF bailout unlikely as Imran’s government resorts to currency manipulation
Pakistan government seems to have decided to interfere in the independence of the country's central bank in order to save itself from the humiliation of repeated currency ...
13th time Pakistan went to IMF for bailout
In the past few years we have witnessed that Pakistan has become used to live on borrowed money. The country asks for money to rich countries like ...
