Tue, 21-Oct-2025

Watch Live

logo-black

Download App

اردو

IMF program

Moody’s upgrades Pakistan’s rating and credit outlook

by
Moody’

ISLAMABAD: Moody’s upgrades Pakistan’s credit rating to ‘Caa1’ from ‘Caa2’, citing stronger external position. In a statement, Moody’s said the country’s local and foreign currency credit ratings, previously at CAA2, have been improved to CAA1. According to the agency, Pakistan’s credit outlook has also been revised from “positive” to “stable.” Moody’s said Pakistan’s better outdoor … Read more

President Zardari lauds IMF’s role in Pakistan’s economic progress

by
President Zardari

ISLAMABAD: President Asif Ali Zardari held a meeting with a delegation from the International Monetary Fund (IMF) led by Jihad Azour. During meeting, Pakistan’s current economic situation and the ongoing IMF program were discussed in detail. Discussions focused on Pakistan’s economic challenges, structural reforms, and progress under the existing IMF program, highlighting the government’s commitment … Read more

Pakistan’s 24th IMF program will be last, says FM Aurangzeb

by
Pakistan’s economic reforms on right path, says finance minister

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, announced that Pakistan’s ongoing IMF programme will be the country’s last. Speaking at a press conference in Islamabad, he emphasized that the IMF package is meant for the entire country, not just the federal government, and underscored the need for tough decisions to achieve economic stability. … Read more

Policy experts call for Pakistan’s economic stabilization policies to be people-centric for long-term success

by
Pakistan economic policies

ISLAMABAD: In the context of a new IMF program and upcoming budget for FY 2024-2035, Pakistan’s economic stabilization reforms need to have a human face to promote balanced recovery and inclusive growth that does not burden the people and improves the country’s human development indicators. This was the consensus amongst leading national and international policy … Read more

Government have to take tough decisions on IMF, said state minister of finance

by
Aisha Ghaus Pasha

 Aisha Ghaus Pasha said that the government wants to restore the IMF program soon. Many of the IMF’s reservations have been removed. State Minister of Finance Aisha Ghaus Pasha says that the government will have to take tough decisions. State Minister of Finance Aisha Ghaus Pasha says that the government will have to take tough … Read more

PM Shehbaz assures IMF chief of completing programme

by
PM Shehbaz IMF chief

ISLAMABAD: Managing Director of the International Monetary Fund Kristalina Georgieva on Friday called Prime Minister Muhammad Shehbaz Sharif over telephone, expressed her deep sympathy and concern on the human and material losses due to the recent floods and reiterated her commitment to help Pakistan in the difficult period. The prime minister thanked the IMF managing … Read more

Miftah lashes PTI, says PTI trying to sabotage IMF deal

by
Miftah lashes PTI
  • “After Allah, we have an IMF program to save the country from default and PTI is trying to sabotage it,” Miftah Ismail, Finance Minister
  • He said that Shokat Tareen called Taimoor Jhagra of KPK and Mohsin Leghari of Punjab and asked them to pressurize the government to cancel the IMF deal

ISLAMABAD: “After Allah, we have an IMF program to save the country from default and PTI is trying to sabotage it,” Miftah Ismail, Finance Minister, spoke to the media on Monday. 

He said that Shokat Tareen called Taimoor Jhagra of KPK and Mohsin Leghari of Punjab and asked them to pressurize the government to cancel the IMF deal. I know the number 2 of the IMF and will give information to him, says Taimoor Jhagra. “Only Mohsin Leghari was the guy who asked if it would affect the state if such things happened,” he mentioned.

“Should we change the name of Pakistan to Bani Gala? Is Imran Khan bigger than the state? Just because he was dethroned from the seat.”

He claimed that before coming to power, our party leaders, including Nawaz Sharif, refrained from allowing Shehbaz Sharif to take the government. “I said to Shehbaz that we must put taxes on petrol as the country is bankrupt. It is necessary to increase the price of petrol. Shehbaz sacrificed his politics for the country because if there was no country, there would be no PML-N or any other party. ”

PTI made a deal with the IMF and later broke up the deal with them. They promised to put up a deficit of up to Rs 25 billion, but they left the country with Rs 1,350 billion and Rs 600 billion, which were adjusters, according to the Finance Minister.

“Our government completed the deal with the IMF, which was signed by Imran and Shokat Tareen. They even agreed to raise the PDL by 4.5 paise per liter and the sales tax by 10%, for a total increase of 17%. I agreed to PDL and didn’t increase the tax now. Shokat Tareen criticized me for this, even though my party members did. There was no other chance”

PM Shehbaz, when he was in opposition, said let us do the charter of the economy and PTI refused.

[embedpost slug=”coas-rescue-operation-in-flood-affected-areas-for-phase-1-almost-over”]

Read more

Allied govt vows to defeat PTI conspiracy to sabotage IMF program

by
govt vows to defeat PTI
  • The allied parties in the government on Friday in a joint statement stated that the country was bracing for a devastating situation caused by floods but at this difficult stage
  • The government of Khyber Pakhtunkhwa indulged in politics and refused to implement the condition laid down in the agreement with the IMF

ISLAMABAD: The allied parties in the government on Friday in a joint statement stated that the country was bracing for a devastating situation caused by floods but at this difficult stage, the government of Khyber Pakhtunkhwa indulged in politics and refused to implement the condition laid down in the agreement with the International Monetary Fund (IMF).

The allied parties said the letter of the finance minister of the Khyber Pakhtunkhwa government to Minister for Finance Miftah Ismail was a ploy to drown Pakistan in the flood of economic crisis.

They said it was Imran Khan who signed the agreement with IMF on tough conditions and tied down the hands and feet of the Pakistani economy. Then Imran Khan himself violated the agreement and got the program suspended and laid landmines in the foundation of the Pakistan economy by giving subsidies so that Pakistan could economically default.

In the statement, the coalition partners said the government was compelled to take very determined and difficult decisions to save Pakistan from default.

After persistent efforts for four months, the value of the rupee and the economic condition started to improve.
Although the people were still drowning in the four years of economic disaster and the deluge of inflation caused by Imran Khan, they asserted.

They said the government of Pakistan Tehreek I Insaf (PTI) knew that the IMF would hold its board meeting on August 29 to revive the economic program of Pakistan.

At this time, the government of Khyber Pakhtunkhwa took a step with bad intentions. This action proved that a foreign aided party was bent upon pursuing an agenda for the economic destruction of Pakistan, they said adding, “Like before, we will defeat this conspiracy as well and will defend the economic sovereignty of Pakistan.”

[embedpost slug=”miftah-fails-to-reach-agreement-with-imf-do-not-blame-others”]

Read more

Menu

Latest

Entertainment

Lifestyle