IMF

IMF sets strict conditions for increasing salaries and pensions of government employees

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Proposals to provide additional benefits for the armed forces are also under consideration, including increases in salaries and pensions. Photo file Islamabad: In view of the strict conditions of the IMF and financial difficulties, the government has proposed a 5 to 7.5 percent increase in the salaries and pensions of government employees. The People’s Party, […]

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Why India could not stop IMF bailout to Pakistan

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Indian paramilitary soldiers stand guard in Srinagar in Indian-administered Kashmir Last week, the International Monetary Fund (IMF) accepted a $1bn (£756m) bailout to Pakistan – a move that drew sharp disapproval from India as navy hostilities among the nuclear-armed neighbours flared, earlier than a US-led ceasefire changed into suddenly declared.Despite India’s protests, the IMF board

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IMF okays staff-level deal for Pakistan to get $1.3bn package

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IMF says Pakistan has made significant progress in restoring macroeconomic stability over past 18 months WASHINGTON: International Monetary Fund team of workers reached a cope with Pakistan for a brand new $1.Three billion association and additionally agreed on the first review of the continued 37-month bailout program, the IMF said on Tuesday. “Over the past

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IMF and Pakistan make progress to staff level agreement, says IMF mission chief

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Fund’s mission, Pakistani authorities to continue policy discussions via video conference Islamabad: International Monetary Fund (IMF) and Pakistani officials made significant progress towards reaching an employee level agreement on the first review of a $ 7 billion program, IMF Mission chief Nathan Porter said in a statement on Saturday.According to the statement, the mission and

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Pakistan urges IMF to reduce tax rates for key sectors

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Authorities unsure if tax cuts will apply this fiscal year or be incorporated into 2025-26 budget ISLAMABAD: Facing a downward revision in its annual tax collection target, the Federal Board of Revenue (FBR) has proposed to the International Monetary Fund (IMF) a reduction in tax costs for the tobacco, actual property, construction, and beverage sectors

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