International Monetary Fund Imf

Pakistanis feel inflation, unemployment their biggest problems, not Kashmir, reports survey

While the Pakistan government is trying hard to internationalise Kashmir, only 8 percent of the people surveyed voiced their concern over the issue.

US seeks transparency on Chinese debt to cash-strapped Pakistan, asks if IMF bailout will be used to repay Beijing

The United States is seeking transparency of the Chinese debt on Pakistan, which has reached out to the International Monetary Fund (IMF) for a multibillion-dollar bailout package, the Trump Administration told lawmakers on Wednesday.

Imran Khan calls Saudi Arabia's $6 billion bailout package 'big relief', vows to mediate between Riyadh and Yemen to end conflict

Accusing the previous two governments of plunging the country into its worst financial crisis, Imran in his address to the nation after returning from Saudi Arabia on Wednesday, said the opposition parties' recent plan to form an alliance was aimed at pressing the government to get some relief under a deal like the National Reconciliation Ordinance (NRO) that was bestowed upon them by former President Pervez Musharraf, reports Dawn news.

Pakistan 'desperate' for financial help from Saudi Arabia, Imran Khan tells foreign journalists; PM's aide denies 'interview'

Khan, before departing for Riyadh to attend the Future Investment Initiative conference, had reportedly told journalists present in an interview held on 20 October that even though Pakistan was concerned about the death of Saudi journalist Jamal Khashoggi, they were "desperate" for financial help from Saudi Arabia.

Saudi Arabia offers Pakistan $6-billion package to ease economic crisis; loan likely to reduce size of potential IMF bailout

Saudi Arabia has agreed to give Pakistan $3 billion in foreign currency support for a year and a further loan worth up to $3 billion in deferred payments for oil imports to help stave off a current account crisis.

US senators say Pakistan at risk of debt distress due to CPEC, express concern about China's 'debt-trap' diplomacy

US senators have said that Pakistan is at risk of debt due to rising current-account deficit and external debt obligations caused by the CPEC, in a letter written to the secretary of state Michael Pompeo and secretary of treasury Steven Mnuchin.