Tag: the international mfs

Will Pakistan ever be able to repay the entire loan? It has paid such a huge amount in interest to IMF, officials are left stunned after seeing the figures

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Will Pakistan ever be able to repay the entire loan? It has paid such a huge amount in interest to IMF, officials are left stunned after seeing the figures

Pakistan has paid more than US $ 3.6 billion in interest to the International Monetary Fund (IMF) in the last 40 years. This was revealed in a meeting of the Senate Standing Committee on Economic Affairs chaired by MP Saifullah Abro in Parliament on Thursday (August 1, 2024). In the meeting, the Finance Ministry gave details of the loan given to the IMF so far. According to The Express Tribune, officials of the Finance Ministry and the State Bank of Pakistan revealed in the meeting that Pakistan has paid interest…

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55 trillion dollar economy and 33 lakh rupees per capita income are new goal for Indian economy says Piyush Goyal

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55 trillion dollar economy and 33 lakh rupees per capita income are new goal for Indian economy says Piyush Goyal

Piyush Goyal: The next target of the Indian government is to become a 5 trillion dollar economy. Along with this, India is also moving ahead rapidly with the dream of becoming one of the top 3 economies of the world. However, now the Indian government has set a huge target of making the country developed as well as increasing the economy to 55 trillion dollars and per capita income to 33 lakh rupees. This task has to be completed by 2047, the 100th year of India’s independence. Will become the…

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pakistan begged for loan shehbaz sharif and imf end without any agreement due to disagreement on new tax rule | Pakistan needs money at any cost! But IMF has put these conditions; Shahbaz said

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pakistan begged for loan shehbaz sharif and imf end without any agreement due to disagreement on new tax rule | Pakistan needs money at any cost! But IMF has put these conditions; Shahbaz said

Pakistan Economic Crisis: Pakistan’s economic condition is bad and inflation is at its peak. Pakistan is not getting any relief from the burden of debt. In such a situation, Pakistan has received a big shock from the International Monetary Fund. Where Pakistan’s talks with the IMF regarding the loan ended without any result. There was no agreement on income tax rates and tax on prices of agriculture and health sector, after which the IMF also stopped the talks. Inflation in Pakistan is at its peak. In such a situation, the…

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