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Pakistan Plans to Request $6 Billion in New IMF Loan Program: Report| Oneindia News
Video Credit: Oneindia
Published on February 23, 2024 - Duration: 02:06s
Pakistan Plans to Request $6 Billion in New IMF Loan Program: Report| Oneindia News
Pakistan plans to seek a $6 billion IMF loan to repay looming debts.
The federal budget allocates $2.5 billion from the IMF, as Pakistan faces a $22 billion debt burden with reserves covering just one month of imports.
Credit ratings have dropped, necessitating ongoing financial support efforts.
Pledges from Saudi Arabia, UAE, and China, along with commitments from international donors, remain vital for economic stability.
#Pakistan #IMF #PakistanIMF #IMFLoan #Pakistancrisis #Pakistaneconomiccrisis #UAE #China #Pakistanelections #Worldnews #Oneindia #Oneindia News ~PR.152~ED.194~GR.121~HT.96~
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Pakistan
Country in South Asia
A man has been arrested following a burglary at England Test captain Ben Stokes's home while he was competing in Pakistan earlier this month.
1 day ago • Sky News
England cricket captain Ben Stokes says a masked gang burgled his home - when his wife and two children were there - while he was in Pakistan for the recent Test..
Credit: BBC Sport - Published 3 days ago
International Monetary Fund
International financial institution
United Arab Emirates
Country in West Asia
Saudi Arabia
Country in Western Asia
Oneindia
Indian online news portal
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