Source: New York Times
ISLAMABAD, Pakistan — The International Monetary Fund approved a $7.6 billion loan for Pakistan on Tuesday to prevent the country from defaulting on its debt and to help stabilize its economy.
The loan, under discussion for more than a month, was at first strongly resisted by the Pakistani government, which sought funds on […]

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Source: Bloomberg
Nov. 20 (Bloomberg) — The Karachi Stock Exchange may end rules barring investors from selling equities once the government puts in place a $252 million fund to support share prices and the economy improves, the bourse’s managing director said.
“It would be irresponsible to remove the curbs without the necessary stabilization measures,” Adnan Afridi, managing […]

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Source: Press Trust of India
Islamabad, Oct 31 (PTI) The IMF might approve a rescue package for financially crunched Pakistan by November 15, two days before a meeting of the ‘Friends of Pakistan’ group to help the country overcome the economic crisis.
International Monetary Fund and Pakistani officials yesterday concluded negotiations in Dubai on a proposed macro-economic […]

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Source: ABC News
Pakistan’s Economy Woes Compound Its Security Problems
Staring an economic crisis in the face, Pakistan is meeting with the International Monetary Fund today in Dubai, United Arab Emirates, with hat in hand, asking the organization for badly needed funds that would save the country from default.
And in Islamabad, staring at his own empty pockets, […]

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Source: Asia One
An endorsement of Pakistan’s economic stabilisation package by the International Monetary Fund (IMF) will almost certainly lead to more taxes and a further interest rate hike, at a time when the government is already doing away subsidies on oil and electricity.
The IMF issues a letter of comfort for donor agencies to give programme […]

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Source: New York Times
ISLAMABAD, Pakistan — President Asif Ali Zardari returned from China late Friday without a commitment for cash needed to shore up Pakistan’s crumbling economy, leaving him with the politically unpopular prospect of having to ask the International Monetary Fund for help.
Pakistan was seeking the aid from China, an important ally, as it […]

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Source: BBC News 
Pakistan has played down a recent US report that in February the Pentagon refused its request for funds to fight Taleban and al-Qaeda militants.
The military’s spokesman conceded that the funds had still not been released but called it a “routine matter”.
Pakistan receives some $80m (£41m) a month from the US to help […]

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