Tag: IMF

PSX reaches new highs, crosses 59,000 milestone in intraday trading – SUCH TV

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Continuing its bull run from the preceding sessions, the benchmark index of the Pakistan Stock Exchange (PSX) hit yet another all-time high on Friday and crossed the 59,000 milestone. According to the PSX website, the KSE-100 index stuck 59,402.82 points at 10am, up 502.98 or 0.85 per cent from the previous close of 58,899.84. The…

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IMF seeks fresh report on state-owned enterprises losses – SUCH TV

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The International Monetary Fund (IMF) has asked Pakistan for a report on the losses incurred by state-owned enterprises. During the ongoing talks between the two sides as part of an economic review, the Finance Ministry asked the visiting Fund delegation for time till December 2023, according to sources. During a meeting on Monday, the IMF…

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Pakistan receives first installment of $1.2bn from IMF: Dar – SUCH TV

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The International Monetary Fund (IMF) on Thursday transferred US$1.2 billion to State Bank of Pakistan (SBP) out of total $3 billion under the Stand-By Agreement (SBA) that was approved by the IMF board the previous day. Talking to media persons, Federal Minister for Finance and Revenue, Senator Mohammad Ishaq Dar said that the balance amount…

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