Pakistan is taking drastic measures to address its ongoing economic crisis, announcing significant job cuts and the dissolution of several government ministries as part of a new agreement with the International Monetary Fund (IMF).

Cash-strapped Pakistan cuts 150,000 jobs and dissolves ministries in IMF deal

India's Union Defence Minister Rajnath Singh has stated that New Delhi could have given more money to Pakistan than it is about to receive from the International Monetary Fund (IMF) if ties were better between the two bitter neighbours.

'India could've offered Pakistan more money than IMF aid if...': Defence minister Rajnath Singh

The Central Bank of Pakistan cut the benchmark interest rate to 20.50 per cent. This cut, the first in four years, is above expectations, with most economists predicting a 100-point decline.

Pakistan cuts key benchmark rate after 4 years amid easing inflation

The IMF has approved an immediate disbursal of the final tranche of $1.1 billion to Pakistan as part of a bailout package, emphasising that the cash-strapped country needs to take tough measures to bring its economy back on track.

IMF approves immediate disbursal of $1.1 billion loan tranche to Pakistan

A record 70 per cent of voters in Pakistan said ahead of general elections on Thursday (Feb 8) that they are pessimistic about their economy in the coming years, according to a new poll.

Around 70 per cent Pakistanis pessimistic about their economy ahead of elections

A little more than a week after approving a $3 billion bailout programme for Pakistan, the International Monetary Fund (IMF) has said the country needs another programme and support from other multilateral lenders.

Pakistan needs another bailout package, faces ‘exceptionally high’ risks, warns IMF

The International Monetary Fund (IMF) board of directors approved a 9-month Stand-By Arrangement (SBA) for Pakistan on Wednesday for an amount of $3 billion to support the authorities’ economic stabilization program.

IMF greenlights $3 billion financial lifeline to support Pakistan's financial crisis 

Former Pakistan prime minister and Pakistan Tehreek-e-Insaf (PTI) Imran Khan sought a guarantee from the International Monetary Fund (IMF) that the general elections in the country would be held on its scheduled time, according to a report by Geo News last Saturday (July 8).

Pakistan: Imran Khan seeks guarantee from IMF over timely elections

Pakistan's benchmark KSE-100 Index kicked off the week on a high note, gaining a solid 5.8 percent during Monday's trading session. The positive momentum was so strong that trading had to be briefly halted after the index hit its upper circuit limit.

Pakistan stock market surges 5.8% after $3 billion IMF deal

Pakistan has managed to clinch a last-minute relief from the International Monetary Fund (IMF) as the two have agreed on an initial $3 billion loan from the global lender.

Pakistan secures initial relief of $3bn from IMF in its bid to avoid sovereign default

Pakistan Prime Minister Shehbaz Sharif is waxing lyrical about China as International Monetary Fund (IMF) continues to delay the release of bailout funding. Sharif hailed Beijing for "outstanding" financial support amid the 'inordinate' delay by the monetary body.

'China came to our help...': Pakistan PM waxes lyrical about Beijing as IMF delays bailout package

The International Monetary Fund (IMF) said it was working towards holding a board meeting with Pakistani authorities before a financing programme expires at the end of June.

IMF in touch with Pakistan for board meeting before finance deal collapses

A Reuters report citing an International Monetary Fund (IMF) official, on Friday (March 24) indicated that Pakistan’s recently announced fuel pricing scheme was not discussed with the United States-based agency and the long-awaited loan agreement will be signed after that and a few remaining points are addressed.

Pakistan: IMF asks govt to explain its fuel-pricing scheme before signing loan deal

The Pakistan Day parade, which is held annually on March 23, has been cancelled this year due to growing political unrest and the nation's floundering economic situation, as per a Zee News report.

Pakistan cancels military parade over political unrest, economic instability

The cash-strapped Pakistan government has directed the accountant general to cease the clearing of bills, including salaries, owing to the current economic crisis, according to a media report on Saturday (February 25).

Cash-strapped Pakistan government halts clearance of bills, salaries: Report

Amid a financial crunch in Pakistan, the government has banned business class travel and five-star hotel stays abroad for ministers. This comes as the South Asian country is trying to revive a $6.

Pakistan: No business class flights, five-star stays for ministers amid financial crunch

Pakistan and the International Monetary Fund (IMF) on Monday resumed their talks virtually, with Islamabad hoping that the discussion will help it ease pressure on the country's ailing economy.

IMF and Pakistan resume talks virtually for bailout funds

Addressing the ‘PM Youth Loan Scheme for Business and Agriculture’ on Tuesday (January 24), Pakistan’s Prime Minister Shehbaz Sharif said that the government is ready to swallow the bitter pill of the International Monetary Fund’s (IMF) “stringent” conditions to revive the loan programme, said a report in the Dawn newspaper.

Pak PM Sharif says his govt will agree to ‘stringent’ conditions by IMF for revival of loan programme

While attending a conference in Geneva commencing Monday, a delegation from the International Monetary Fund (IMF) will meet with Pakistan's finance minister Ishaq Dar as that country battles to restart its bailout programme.

Pakistan to press IMF for release of bailout funds amid worsening economic crisis, floods

Pakistan will repay a $1 billion international bond three days before its due date, said the State Bank of Pakistan’s (SBP) governor, Jameel Ahmad, on Friday. The cash-strapped country is amid an economic crisis and reeling from the devastating floods that killed thousands of people.

Cash-strapped Pakistan to repay $1 billion ahead of deadline, says SBP governor

Pakistan's economy is under tremendous debt. Now, in an attempt to avoid defaulting on debt payments, Pakistan's army chief General Qamar Javed Bajwa has sought help from the United States.

Pakistan army chief pleads Washington for early release of IMF funds

To prevent the country from tumbling into a total crisis of defaulting on loans, the Pakistan cabinet on Thursday issued an ordinance named Inter-Governmental Commercial Transactions Ordinance 2022, that will allow Prime Minister Shehbaz Sharif’s government to sell state assets to foreign entities and governments without any checks.

Pakistan brings ordinance allowing government to sell state assets to foreign nations

The International Monetary Fund (IMF) said on Thursday that it and Pakistan had reached an agreement to begin a loan programme that had been put on hold. This will inject $1.

IMF agrees to resume inflation-hit Pakistan's loan after fuel, tax hikes

Pakistan is in the midst of an economic catastrophe, and the government has no idea how to salvage the country's economy. On Tuesday, the Pakistani government's desperation and irritation came to the fore when a Federal Minister urged citizens to cut their tea consumption in order to save the country's economy, which is on the verge of collapse.

Cutting chai: Govt asks Pakistanis to reduce tea consumption

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