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Top related persons:
Imran Khan - 1 Shehbaz Sharif - 1 Miftah Ismail - 1 Ishaq Dar - 1 Pakistan's - 1 Kristalina Georgieva - 1 Ariba Shahid - 1 Tanvi Mehta - 1
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Search resuls for: "Miftah Ismail"


4 mentions found


☆ Pakistan's last-gasp IMF bailout as it happened
  + stars: | 2023-06-30 | by ( ) www.reuters.com   time to read: +3 min
-Nov 2023: Pakistan, IMF begin virtual engagement for the ninth review of the loan programme. -Jan 2023: Pakistan reiterates commitment to completing the IMF programme in a meeting on the sidelines of a climate conference in Geneva. -Feb 2023: Pakistan, IMF decide to resume talks virtually on steps needed to secure an agreement for the ninth review. -May 2023: IMF mission chief says continuing to work with Pakistani authorities to bring the ninth review to conclusion once necessary financing is in place. -June 26, 2023: Pakistan's central bank raises its benchmark interest rate by 100 basis points to 22% at an emergency meeting days before IMF programme expires.
Persons: Imran Khan, Shehbaz Sharif, Miftah Ismail, Ishaq Dar, Pakistan's, Kristalina Georgieva, Ariba Shahid, Tanvi Mehta, Raju Gopalakrishnan Organizations: International Monetary Fund, IMF, Pakistan, SBA, EFF, Thomson Locations: KARACHI, Pakistan, Geneva, Paris, Pakistan's, Karachi, New Delhi
☆ Analysis: Pakistan moves toward deal-or-default endgame
  + stars: | 2023-02-01 | by ( Marc Jones Gibran Naiyyar Peshimam | Marc Jones | Gibran Naiyyar Peshimam | ) www.reuters.com   time to read: +5 min
"I can't imagine Pakistan not going on a back-to-back IMF programme." Pakistan's debt problemsPrime Minister Shehbaz Sharif’s main election challenger is former cricket star Imran Khan, who was removed from the job last April but retains popularity. "There is just a long-term indebtedness problem," said Jeff Grills, the head of emerging markets debt at Aegon Asset Management, who held Pakistan bonds until the floods hit. Most of Pakistan's bonds are still trading at less than half their face value. Reuters GraphicsDIFFICULT TIMESSuch a restructuring of Pakistan's bonds would represent its first international default since 1999, according to the Bank of Canada-Bank of England Sovereign Default Database.
☆ New Pakistan finance minister vows to tame inflation and cut interest rates
  + stars: | 2022-09-28 | by ( Asif Shahzad | ) www.reuters.com   time to read: +5 min
Pakistan's likely new Finance Minister Ishaq Dar walks upon his arrival at the Nur Khan military airbase in Chaklala, Rawalpindi, Pakistan September 26, 2022. "We will control inflation," Dar told reporters in televised comments after he was sworn in. Register now for FREE unlimited access to Reuters.com Register"We will bring interest rates down," he said. WRECKED ECONOMYDar, a senior politician in the ruling party of Prime Minister Shehbaz Sharif, flew to Islamabad on Monday night after ending five years in self-exile in London. "I wasn't able to travel for the last four years," he added, describing the legal action against him as political victimisation by the previous government of Prime Minister Imran Khan.
☆ Pakistan's finance minister says he will formally resign from role
  + stars: | 2022-09-25 | by ( Asif Shahzad | ) www.reuters.com   time to read: +2 min
Register now for FREE unlimited access to Reuters.com RegisterMiftah Ismail, Pakistan's Federal Minister for Finance and Revenue, speaks during an interview with Reuters in Islamabad, Pakistan, September 18, 2022. REUTERS/SalahuddinISLAMABAD, Sept 25 (Reuters) - Pakistan's finance minister Miftah Ismail said on Sunday he planned to formally resign from the role, a change that comes as the country grapples with an economic crisis exacerbated by destructive flooding. "I have verbally resigned as Finance Minister," Ismail said in a Tweet, adding that he had signalled his plans to the country's Prime Minister Shehbaz Sharif during a meeting. Ismail and Sharif are currently in London and due to return to Pakistan early next week. Register now for FREE unlimited access to Reuters.com RegisterReporting by Asif Shahzad; writing by Charlotte Greenfield; Editing by Toby ChopraOur Standards: The Thomson Reuters Trust Principles.
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