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IMF clears loan tranche to Pakistan; India abstains from vote, registers 'strong dissent'
09 May 2025 20:15 GMT
THE BOARD of the International Monetary Fund Friday cleared $2.3 … debt and perilously low foreign exchange reserves significantly add to the … and pressure the country’s forex reserves, which remain “well … weaker than expected, the IMF said.
Economic growth of …
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Amid rising tensions with India, IMF gives USD 1.3 billion loan to Pakistan despite strong objections by Modi govt
09 May 2025 20:51 GMT
… Pakistan’s economy, the International Monetary Fund (IMF) on Friday approved the … nation’s financial trajectory.
The International Monetary Fund (IMF) today reviewed the Extended … funds are expected to bolster foreign exchange reserves, support the national …
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Non-military options: IMF vote, FATF push, and Indus water control form India’s new strategy
09 May 2025 21:43 GMT
… over the efficacy of International Monetary Fund programmes for a country … for guessing whether the IMF would heed India’s … s economy depends on an IMF bailout. The country has … hostilities which will erode its foreign exchange buffers for essential imports. …
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IMF sanctions $2.3bn fund for Pakistan, India abstains from vote citing terror funding concerns
09 May 2025 19:58 GMT
New Delhi: The International Monetary Fund (IMF) Friday approved the sanction … April, Pakistan’s total foreign exchange reserves stood at $15. … Pakistan chapter of the IMF Report on Evaluation of … Prolonged Use of IMF Resources. The report noted …
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FLASHBACK: Audit Report Flagged Irregularities in FG's Use of Repaid $3.4bn IMF Loan
09 May 2025 19:59 GMT
… debt obligation to the International Monetary Fund (IMF), exiting the list of … EXPLAINER: Nigeria Still Owes IMF Billions Despite Clearing Loan … .3 billion to the Forex Equalisation Account and N350 … principal obligation to the IMF has been cleared, the …
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India's forex reserves fall to $686 billion, down $2 billion as of May 2
09 May 2025 18:49 GMT
… and yen held in the foreign exchange reserves.
Gold reserves decreased … s reserve position with the IMF was also down $3 … data showed.
India's forex kitty
Typically, the RBI, …
The RBI closely monitors the foreign exchange markets and intervenes only to …
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IMF Executive Board approves $1bn loan tranche for Pakistan
09 May 2025 17:31 GMT
The International Monetary Fund (IMF) Executive Board has … Pakistani authorities and the IMF team reached staff-level … September.
Analysts believe the IMF programme is crucial as … to the country’s foreign exchange reserves.
Foreign exchange reserves held by …
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IMF approves $1b loan tranche for Pakistan amid economic reforms
09 May 2025 17:24 GMT
… The Executive Board of the International Monetary Fund (IMF) has formally approved a … Pakistan's foreign exchange reserves, ease fiscal pressure … financial uncertainty.
The IMF’s decision comes after … its representative from the IMF Executive Board.
Looking …
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India Abstains From IMF Vote On Pakistan Bailout, Flags Risk Of Funds Fueling Cross-Border Terrorism
09 May 2025 16:52 GMT
… from voting on the International Monetary Fund's (IMF) review of a USD1 … financial assistance, "the IMF response is circumscribed by procedural … challenges, including high inflation, depleted foreign exchange reserves, and a substantial external …
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IMF approves $1b tranche for Pakistan after reform progress
09 May 2025 16:45 GMT
… Executive Board of the International Monetary Fund (IMF) has approved a $ … shore up Pakistan’s foreign exchange reserves, ease fiscal pressure … to the EFF. IMF officials credited Pakistan for … its representative from the IMF Executive Board. Looking ahead …