IMF

WASHINGTON –  With fears rising that the Trump administration will follow through on its threats to raise trade barriers, world finance ministers are united on one message: protectionism threatens the global economy. Except that the word “protectionism” was omitted from the final statement of the International Monetary Fund’s semi-annual meeting Saturday. “We reaffirm our commitment […]

ISLAMABAD: In a stark warning, the Asian Development Bank (ADB) has said that Pakistan cannot avail full benefits of the China-Pakistan Economic Corridor (CPEC) without introducing drastic reforms in areas of energy, regulations and foreign currency regime. In its annual flagship Asian Development Outlook report the Manila-based lending agency released on Thursday, the ADB highlighted the […]

ISLAMABAD – Pakistan and the International Monetary Fund (IMF) will start Article 4 consultations in Dubai from today (Tuesday) and Islamabad will give a detailed briefing on the economic situation in the country to the Fund. The talks will continue from March 28 to April 5 in Dubai. IMF officials had refused to visit Pakistan […]

WASHINGTON: The Interna­tional Monetary Fund (IMF) projected on Monday that the global economy, especially emerging and developing markets, will pick up pace in 2017 and 2018. Global growth is projected to be 3.4 per cent in 2017 and 3.6pc in 2018, a noticeable increase from the estimated 3.1pc growth for 2016. The growth forecast for […]

The writer is a former economic adviser to government, and currently heads a macroeconomic consultancy based in Islamabad. HOW is the economy shaping up in the wake of a recently concluded three-year IMF stabilisation programme that has been dubbed an outstanding success by the government? To answer this question, we need to critically examine a […]

ISTANBUL: Pakistan bid farewell to the International Monetary Fund (IMF) in September for the sixth time since its independence. The foreign exchange reserves rest in a satisfactory range of above $20 billion and oil prices are set to remain ridiculously low. Optimists will claim that the adieu is definitive, however, history suggests otherwise. IMF Managing […]

ISTANBUL: Pakistan bid farewell to the International Monetary Fund (IMF) in September for the sixth time since its independence. The foreign exchange reserves rest in a satisfactory range of above $20 billion and oil prices are set to remain ridiculously low. Optimists will claim that the adieu is definitive, however, history suggests otherwise. IMF Managing Director […]

Karachi—President Pakistan Businessmen and Intellectuals Forum (PBIF), President AKIA, Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister Mian Zahid Hussain on Monday said external debt burden has touched alarming proportions but it will not bankrupt country. External debt has touched mark of 73 billion dollars while experts have estimated that […]

ISTANBUL: Pakistan bid farewell to the International Monetary Fund (IMF) in September for the sixth time since its independence. The foreign exchange reserves rest in a satisfactory range of above $20 billion and oil prices are set to remain ridiculously low. Optimists will claim that the adieu is definitive, however, history suggests otherwise. IMF Managing Director […]

ISLAMABAD –  Pakistan has achieved a great deal over the past three years in the context of its International Monetary Fund (IMF) supported programme by restoring macroeconomic stability, strengthening the economy’s resilience and setting the stage for a deeper structural transformation to achieve higher and more inclusive growth. IMF Managing Director Christine Lagarde said this […]