• Download the Constitution of Pakistan
  • Advertise
Friday, June 13, 2025
  • Login
NEWSLETTER
ECONOMY
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
ECONOMY
No Result
View All Result
Home Business

Technical-level talks with IMF are over: Ishaq Dar

by News Publishing
March 30, 2023
in Business
Reading Time: 2 mins read
0
Technical-level talks with IMF are over: Ishaq Dar
Share on FacebookShare on TwitterLinkedinWhatsapp

Finance Minister Ishaq Dar on Thursday said that “all technical-level discussions with the International Monetary Fund (IMF)” are over. However, the minister refrained from giving a timeline on when the deal will be inked.

During a Question/Answer session at the Senate, Dar said once again that the IMF wants commitments made by friendly countries to materialise.

He reiterated that the country would honor its financial commitments. “There is no chance of default; Pakistan will take care of its responsibilities and complete all payments on time.

There shouldn’t be any politics involved in the economy, he continued, “IMF or no IMF, we need to jointly run the country.”

His remarks come a day after Dr. Aisha Ghaus-Pasha, the Minister of State for Finance, claimed that the reason the staff-level agreement on the 9th review was taking so long was that the IMF wanted to independently verify promises from friendly nations like Saudi Arabia and the United Arab Emirates.

One of the worst fiscal crises in the country’s history has Pakistan in chaos. The South Asian nation has experienced a slew of problems, including a perceived default risk and downgrading by international rating agencies that represent the state of the economy while also having to deal with significant political unrest and frequent changes in key leadership.

Pakistan needs the IMF funding to open up other foreign financing options, so the two parties have been negotiating since early February to reopen $1.1 billion in funding that has been on hold since November as part of the bailout deal reached in 2019.

Tags: IMFIshaq Dar
News Publishing

News Publishing

Related Posts

Sindh Unveils Budget 2025-26 with Pay and Pension Increases

Sindh Unveils Budget 2025-26 with Pay and Pension Increases

by Haris Ali
June 13, 2025
0

On June 13, 2025, the Sindh government unveiled the Budget 2025-26, announcing a series of financial relief initiatives for its...

Passenger Car Sales Surge Over 32% in Eleven Months

Passenger Car Sales Surge Over 32% in Eleven Months

by Haris Ali
June 13, 2025
0

In Pakistan, passenger car sales have increased by more than 32 percent, reaching 94,388 units in the first eleven months...

Pakistan, UAE Leaders Vow Stronger Cooperation in Pursuit of Peace and Stability

Pakistan, UAE Leaders Vow Stronger Cooperation in Pursuit of Peace and Stability

by Haris Ali
June 13, 2025
0

Pakistan and the United Arab Emirates (UAE) reaffirmed their commitment to close coordination and cooperation in pursuit of regional peace...

10% Salary Bump, More Pension: Govt Unveils Employee Relief Package

10% Salary Bump, More Pension: Govt Unveils Employee Relief Package

by News Publishing
June 11, 2025
0

The federal cabinet approved a 10% pay raise for federal employees and a 7% pension boost for pensioners during its...

Govt to unveil Rs17.6tr FY26 budget in National Assembly today

Govt to unveil Rs17.6tr FY26 budget in National Assembly today

by News Publishing
June 10, 2025
0

Federal Minister for Finance Muhammad Aurangzeb is scheduled to present the federal budget for the fiscal year 2025–26 in the...

Pakistan likely to unveil Rs17.68 trillion budget 2025-26 on June 10

Pakistan likely to unveil Rs17.68 trillion budget 2025-26 on June 10

by News Publishing
June 4, 2025
0

The Government of Pakistan is expected to present the federal budget for the fiscal year 2025-26 on June 10, with...

Next Post
PM Shehbaz orders withdrawal of review petitions against Justice Isa

PM Shehbaz orders withdrawal of review petitions against Justice Isa

About Us

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

Important Categories

  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin
  • YouTube
  • Linkedin
  • TikTok
  • WhatsApp
  • About
  • Advertise
  • Careers
  • Contact

© 2024 Economy.pk - Web Development by Digital Otters

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

© 2024 Economy.pk - Web Development by Digital Otters