Pakistan witnessed a strong V-Shaped growth despite being in a hard-hitting International Monetary Fund (IMF) program, Federal Minister for Finance and Revenue, Shaukat Tarin stated on Saturday. In a tweet here the minister stated that the IMF program was required by unsustainable current account shortage and falling foreign currency reserves, and a vicious Covid 19. … Read more
The Managing Director of the International Monetary (IMF) Fund Kristalina Georgieva has said that the world economy is rebounding “from the depths of this crisis. The Senior IMF official said the International Monetary Fund will go through this year’s global economic forecast that has been significantly weakened by the novel coronavirus lockdown measures after it … Read more
Pakistan has received $1.39 billion under Rapid Financing Instrument from the International Monetary Fund (IMF) to combat the with the monetary impact caused amid coronavirus pandemic , State Bank of Pakistan confirmed. “SBP has received $1.39bn under Rapid Financing Instrument by the IMF,” said the SBP in a tweet. Over 200 deaths have been confirmed … Read more
