Pakistan foreign currency reserves deplete after stalemate over IMF package

Dec 24, 2021

Islamabad [Pakistan], December 24 : Pakistan's foreign currency reserves are depleting after the persistent stalemate over the renewal of the IMF package.

IMF blocks Afghanistan's access to emergency reserves

Aug 18, 2021

Washington [US], August 19 : The International Monetary Fund (IMF) has announced to block Afghanistan's access to the emergency reserve worth USD 460 million...

Pakistan concedes vulnerability to global shocks, lacks "strategic oil reserves like India" to buffer soaring fuel prices

May 01, 2026

Pakistan admits it lacks "strategic oil reserves like India," leaving it vulnerable as crude hits USD 126 per barrel. While India utilises its 60-70...

Pakistan appoints new State Bank governor

Aug 28, 2022

Islamabad [Pakistan], August 28 : Amid dwindling foreign reserves and the country's ongoing deal with the International Monetary Fund (IMF), Pakistan appointed Jameel Ahmad...

No plans for US to unfreeze $9.5bln of Afghanistan's financial reserves: IMF

Oct 22, 2021

Washington [US], October 22 : The International Monetary Fund (IMF) has said that there are no plans for the United States to unfreeze estimated...

IMF raises concerns about Bangladesh's economy as forex reserves fall

May 08, 2023

An International Monetary Fund (IMF) team conducted a staff visit to Bangladesh's capital city Dhaka from April 25 to May 7, 2023, to discuss...