by admin | Apr 30, 2024 | Worldnews
[ad_1] The International Monetary Fund on Monday approved the immediate release of the final $1.1 billion tranche of a $3 billion bailout to Pakistan, the global lender said in a statement.Pakistan needs the money to overcome one of the worst economic crises in its...
by admin | Apr 1, 2024 | Worldnews
[ad_1] Bailout has strings attachedBut “we shouldn’t believe the crisis has passed, or that our problems have been solved”, Bahaa-Eldin wrote in a recent op-ed in privately owned newspaper Al-Masry Al-Youm.The roots of Egypt’s crisis —...
by admin | Mar 14, 2024 | Worldnews
[ad_1] The International Monetary Fund will hold a crucial round of talks with Pakistan’s newly elected government this week to determine whether the country has met conditions for receiving the much needed final $1.1 billion tranche of a $3 billion bailout,...
by admin | Jan 12, 2024 | Worldnews
[ad_1] The International Monetary Fund’s executive board approved Thursday the release of $700 million of a $3 billion bailout for cash-strapped Pakistan, the finance ministry said.The bailout is meant to enable Pakistan to emerge from one of the worst economic...
by admin | Nov 16, 2023 | Worldnews
[ad_1] Pakistan and the International Monetary Fund reached a much-awaited preliminary agreement Wednesday for the release of $700 million from a $3 billion bailout fund approved by the international lender in July.The standby credit fund is meant to save...