Pakistan to share budget details with IMF to unlock funds, finance minister says

  • 📰 Reuters
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

Österreich Nachrichten Nachrichten

Österreich Neuesten Nachrichten,Österreich Schlagzeilen

Pakistan's Finance Minister Ishaq Dar said on Sunday the country will share its upcoming budget details with the International Monetary Fund (IMF) in order to unlock stalled funds.

"They have asked us for some more details like the details of budget, we will give that to them," Dar said in an interview with Pakistan's Geo TV.

The IMF's $1.1 billion funding to Pakistan, which is part of the $6.5 billion rescue package agreed in 2019, has been held up since November. The IMF and Pakistan held two weeks of talks in February in Islamabad to conclude the 9th review, but the lender has not yet released the money, which is critical for the South Asian nation to unlock other bilateral and multilateral financing.

Dar said he would want the IMF to release the funds before the budget was presented, which is due in early June, adding, "We will not do the 9th and 10 review together. This is unfair."

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 2. in AT
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Atlanta Fed explains Web3 finance, including XRP ‘international payment medium’The Federal Reserve Bank of Atlanta has published a paper examining Web3 applications in finance, with a discussion of the cryptocurrency XRP issued by Ripple Labs that has attracted wide attention in the crypto community. Web3 financial infrastructure provides advantages over traditional finance in the cost and speed of transacting, Parlour says. Financing trade can be significantly improved through cost reductions along the supply chain, for example.
Herkunft: Cointelegraph - 🏆 562. / 51 Weiterlesen »

These are the biggest myths in personal finance — and they'll cost you if followed blindlyCanadians get financial advice from all directions, but sometimes even the most common maxims aren\u0027t what they\u0027re cracked up to be. Read on.
Herkunft: TheStarPhoenix - 🏆 253. / 63 Weiterlesen »