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All you need to know about IMF and Pakistan

There’s a lot of talk about the IMF these days, as a bailout has become inevitable. Pakistan has gone to the IMF repeatedly since the late 1980s. The last time was in 2013, when Islamabad got a $6.6 billion loan to tackle an economic crisis. However, there are fears that ...

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Pakistan’s 60-year history with the IMF in one chart

Pakistan and the IMF are no strangers. Since 1958, they have made 21 agreements for loans. The IMF is an international organisation of 189 countries working on monetary cooperation and international monetary stability. It helps member countries in three ways: Economic surveillance — monitoring the economic and financial policies of ...

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Pakistan among six fastest growing economies of 2030

Photo: AFP Pakistan will be among six fastest growing economies of the world by 2030, Overseas Investors Chamber of Commerce and Industry’s President Irfan Wahab Khan told a group of journalists on Thursday, referring to a report by HSBC, one of the world’s largest banking and financial services company.  Wahab, ...

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The IMF loan won’t solve all of Pakistan’s problems

Entering the International Monetary Fund (IMF) programme would be credit positive for Pakistan because it will provide access to a cheap loan to shore up the country’s dwindling foreign reserves, but external and fiscal challenges will remain, Moody’s Investors Service said in a report on Wednesday. Support and technical assistance ...

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Global Competitiveness Index finds Pakistan’s police ‘unreliable’

Photo: AFP The police in Pakistan are unreliable, according to a global index. “Nigeria, Yemen, South Africa, Pakistan and the Philippines are countries with notable problems related to violence, crime or terrorism, and where the police are considered unreliable,” says the Global Competitiveness Index 4.0 2018 report. The World Economic Forum ...

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