• Download the Constitution of Pakistan
  • Advertise
WRITE FOR US
Economy.pk
No Result
View All Result
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos
No Result
View All Result
Economy.pk
No Result
View All Result
Home Business

IMF talks on Oct 4 for release of $1b tranche

by News Desk
September 22, 2021
in Business, Finance, Main
Reading Time: 1 min read
IMF
Share on FacebookShare on Twitter

The International Monetary Fund (IMF) has appointed a new country head for Pakistan ahead of high-stake talks for the release of $1 billion loan tranche and holding a comprehensive review of health of Pakistan’s economy under Article-IV.

Pakistan and IMF will hold staff-level discussions from October 4 to decide the thorny issues like further increase in electricity tariffs and approval of a highly controversial State Bank of Pakistan (SBP) Amendment Bill 2021 by the Parliament, the government sources told The Express Tribune.

The successful conclusion of the talks would facilitate immediate disbursements of $1 billion by the IMF and another $1.6 billion by the Asian Development Bank ($600 million) and the World Bank ($1 billion) over the course of the current fiscal year.

Neither the finance ministry nor the IMF gave comments and preferred to officially remain tightlipped.

Finance Minister Shaukat Tarin has already announced to visit Washington from October 11 to 17 to hold talks with the top IMF management on sidelines of the annual meetings.

Tags: IMFInternational MonelatestPakistanSBP
News Desk

News Desk

Related Posts

NEPRA Approves a Rs3.5 Per Unit Increase in Power Tariffs

NEPRA Approves a Rs3.5 Per Unit Increase in Power Tariffs

In a recent development, the National Electric Power Regulatory Authority (NEPRA) has approved a Rs 3.5 per unit increase in...

Israel says fighting in ‘second stage’ of Gaza war will be difficult

Israel says fighting in ‘second stage’ of Gaza war will be difficult

Israel acknowledges the upcoming challenges in the next phase of its military operations in Gaza. A government spokesperson, Eylon Levy,...

Gold Rate in Pakistan Today – 5 December – Latest Price

Gold Rate in Pakistan Today – 5 December – Latest Price

On Tuesday 5 December 2023, (Today) The 24-karat Gold rate is Rs. 217,900 and the Price of the 22-karat Gold...

Pakistan loan tranche review not on IMF meeting agenda till mid-Dec

Pakistan loan tranche review not on IMF meeting agenda till mid-Dec

The International Monetary Fund (IMF) has not included Pakistan's case in the agenda of its Executive Board meeting scheduled for...

US Dollar vs Pakistani Rupee Rate Today – December 5, 2023

US Dollar vs Pakistani Rupee Rate Today – December 5, 2023

The Pakistani rupee experienced a slight uptick against the US dollar, during the initial trading hours in the inter-bank market...

Israel Intensifies Military Operations in Southern Gaza; US and UN Call for Protection of Civilians

Israel Intensifies Military Operations in Southern Gaza; US and UN Call for Protection of Civilians

Israeli forces persist in their air and ground bombardment of the southern Gaza Strip, resulting in numerous Palestinian casualties, as...

Next Post
Digital Census

Govt to Conduct Pakistan’s First Digital Census in Accordance With UN

Please login to join discussion

Recent Posts

  • NEPRA Approves a Rs3.5 Per Unit Increase in Power Tariffs
  • Early Release of GTA 6 Trailer after Online Leak; 2025 Launch Officially Confirmed
  • Israel says fighting in ‘second stage’ of Gaza war will be difficult
  • Punjab Increases Driving License Fee
  • Elections 2024: Finance Ministry releases Rs17.4 billion to ECP

Twitter

Economy.pk

Economy.pk is a source of economic, political, business, finance, health and sports updates.

Categories

  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
  • Videos

Privacy & Legal

  • Privacy Policy
  • Cookies

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin
  • About
  • Advertise
  • Contact

© 2023 Economy.pk

No Result
View All Result
  • VIDEOS
  • World
    • Europe
    • Americas
    • Asia
    • Oceania
    • Africa
    • Middle East
  • Finance
  • Politics
  • Business
    • Economy
    • Finance
    • Entrepreneurship
    • Real Estate
  • Technology
    • Cyber Security
    • Mobiles
    • Social Media
  • Education
  • Sports
  • Life & Style
    • Personalities
    • Art
    • Culture
    • History
    • Entertainment
    • Fashion
    • Food
    • Health
      • Environment
      • Fitness
  • Sponsored

© 2023 Economy.pk