Tag Archives: IMF


Nawaz Sharif, concerned, hike, dollar, rate, IMF, bailout package

Nawaz Sharif shows concern over hike in dollar rate after IMF bailout packa...

05 May, 2019 4:02 pm 4:02 pm

LAHORE (92 News) – Former prime minister Nawaz Sharif, who is serving seven-year term in Kot Lakhpat jail, has expressed his concern over an increase in the dollar price after the International Monetary Fund (IMF) bailout package. During a meeting with PML-N leaders on Thursday, he said that the dollar rate should have not been … Read More



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Tough IMF conditions push Pakistan stock exchange down 816 points

05 May, 2019 10:54 pm 10:54 pm

KARACHI (92 News) – The Pakistan stock exchange (PSX) plunged a massive 816 points on Monday, a day after the government announced $6 billion International Monetary Fund (IMF) bailout package, with the benchmark KSE 100 losing 2.3 per cent during intra-day trading and cementing fears that investor sentiments remain bleakly uncertain. It is worth mentioning … Read More



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IMF deal ‘complete sell-out’ of country’s sovereignty: Maryam Nawaz

05 May, 2019 9:05 pm 9:05 pm

LAHORE (92 News) – Responding to the bailout package of International Monetary Fund (IMF), Pakistan Muslim League-N (PML-N) vice president Maryam Nawaz said that IMF deal complete sell-out the national sovereignty. The PML-N leader strongly criticized the agreement between the Pakistan Tehreek-e-Insaf (PTI) government and IMF. She took her twitter and said, “IMF or no … Read More



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Opposition demands NA approval for IMF bailout package

05 May, 2019 8:13 pm 8:13 pm

ISLAMABAD (92 News) – The opposition parties on Monday demanded the approval of National Assembly for International Monetary Fund (IMF) bailout package. Addressing to the NA session, former prime minister Shahid Khaqan Abbasi expressed hope that Prime Minister Imran Khan will take the house into confidence over the government’s deal with the IMF and other … Read More



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Hafeez Shaikh IMF international monetary fund Pakistan bailout package

Pakistan, IMF reach agreement of bailout package: Hafeez Shaikh

05 May, 2019 9:29 pm 9:29 pm

ISLAMABAD (92 News) – Adviser to Prime Minister on Finance Dr Abdul Hafeez Shaikh announced on Sunday that Pakistan and the International Monetary Fund (IMF) have reached an agreement of the bailout package. In an interview with state-run television channel, the adviser said that Pakistan and IMF has reached an agreement on a $ 6 … Read More



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PM summons meeting on Monday to review amnesty scheme

05 May, 2019 12:14 am 12:14 am

ISLAMABAD (92 News) – Prime Minister Imran Khan has summoned a meeting on Monday to receive briefing on the amnesty scheme. According to the details garnered, the meeting to review economic affairs including ongoing talks with the International Monetary Fund (IMF). The meeting will be organized in the auditorium of the Prime Minister Office, which … Read More



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NAB, re-summons, Bilawal Bhutto, Park Lane, case, May 17

Federal government once again bows before int’l pressure: Bilawal

05 May, 2019 11:54 pm 11:54 pm

ISLAMABAD (92 News) – Pakistan Peoples’ Party (PPP) Chairman Bilawal Bhutto Zardari alleged that Pakistan Tehreek-e-Insaf (PTI) led government once again bowed before the international pressure. Bilawal Bhutto said that the federal government decided to shelve Pakistan-Iran gas pipeline project. The PPP leader termed that the people were paying price of the leaders’ weakness in … Read More



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Rasheed, sheikh rasheed, minister, nawaz sharif, PPP, iftar dinner

My iftar dinner drew 4-times more people than Nawaz rally, says Rasheed

05 May, 2019 11:02 pm 11:02 pm

LAHORE (92 News) – Commenting on the Pakistan Muslim League-N (PML-N) rally to give former premier Nawaz Sharif a warm send-off upon his return to Kot Lakhpat Jail, Minister for Railways Shiekh Rasheed said his iftar dinner drew five times more people than those who attended the rally. Addressing a press conference, the minister dismissed … Read More



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Bailout package’s draft ready as Pakistan accepts several demands of IMF

05 May, 2019 5:18 pm 5:18 pm

ISLAMABAD (92 News) – The draft for International Monetary Fund (IMF) bailout package has been prepared as Pakistan accepted the major demands of IMF on Saturday. According to the sources of Finance Ministry, Pakistan has accepted major demands of the IMF for bailout package in the draft agreement. However, It also said that over strict … Read More



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IMF, rejects, Pakistan, demands, bailout, package, signed

Bailout package agreed as IMF rejects Pakistan’s six main demands

05 May, 2019 9:54 pm 9:54 pm

ISLAMABAD (92 News) – Pakistan and the International Monetary Fund (IMF) have agreed to the bailout package, rejecting six demands of Pakistan. The final draft of the agreement is being prepared, while the announcement in this regard will be made shortly after approval from Prime Minister Imran Khan. The rejected demands include interim fund for … Read More



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IMF is dealing with IMF in country: Agha Siraj Durrani

05 May, 2019 1:01 pm 1:01 pm

KARACHI (92 News) – Sindh Assembly Speaker Agha Siraj Durrani has said that there is no government, apparently ‘the International Monetary Fund (IMF is dealing with the IMF in the country on Friday. Agha Siraj Durrani appeared before an accountability court today for hearing. Talking to the informal talks with journalists, he said that Pakistan … Read More



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IMF emphasizes to impose tax on agriculture

05 May, 2019 12:06 pm 12:06 pm

ISLAMABAD (92 News) – The International Monetary Fund (IMF) has demanded the more strict conditions for the bailout package as the IMF emphasized to impose tax on agriculture. According to the sources, the IMF also did not accept the finance team of Pakistan and expressed Adviser to Prime Minister Shaikh Abdul Hafeez negative views about … Read More



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Country being become bankrupt due to govt’s incompetence: Bilawal

05 May, 2019 8:15 pm 8:15 pm

ISLAMABAD (92 News) – Pakistan Peoples’ Party (PPP) Chairman Bilawal Bhutto said on Thursday that 18th amendment not turned the government bankrupt, rather it’s the government’s incompetence which has made them reach this stage. Addressing a National Assembly session, Bilawal Bhutto raised the issue of the 18th constitutional amendment; he said ‘when the government fails … Read More



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IMF, WB officials appointed as SBP governors in past: Iftikhar Durrani

05 May, 2019 12:03 am 12:03 am

ISLAMABAD (92 News) – Responding to the statement of PPP Chairman Bilawal Bhutto, Special Assistant to Prime Minister on Media Iftikhar Durrani on Wednesday said that the officials from World Bank (WB) or the International Monetary Fund (IMF) had been appointed as the governor State Bank of Pakistan (SBP) in the past. “It was not … Read More



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Pakistan accepts IMF’s conditions for bailout package

05 May, 2019 9:22 pm 9:22 pm

ISLAMABAD (92 News) – Pakistan has accepted the conditions of the International Monetary Fund (IMF) for bailout package. According to the details garnered, the federal government accepted the demand of the IMF of increasing electricity and gas prices in Pakistan. It also said that the consumers will pay Rs340 billion in three years for electricity … Read More



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