 
                  
Pakistan raises interest rate to record high in emergency meeting to stabilize IMF loan program
State Bank of Pakistan's decision aims to curb soaring inflation and secure support from the International Monetary Fund (IMF)
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State Bank of Pakistan's decision aims to curb soaring inflation and secure support from the International Monetary Fund (IMF)
 
                  
On Tuesday, the International Monetary Fund (IMF) lowered India's FY24 growth prediction by 20 basis points to 5.9 percent in its biannual Global Economic Outlook.
 
                  
"Pakistan is a member of the IMF and not a beggar," says the Pakistani FM Ishaq Dar in a fiery speech addressing rumors that he decided to postpone his trip due to resistance from the Washington-based lender.
 
                  
Pakistan and the International Monetary Fund (IMF) will begin review talks in Doha from Wednesday for a week as a means to renew the effort to get a staff-level agreement for release of $1 billion tranche under the Extended Fund Facility (EFF).
 
                  
The State Bank of Pakistan published the debt numbers till September 2021, a day after Prime Minister Imran Khan expressed the growing debt as a "national security issue", Express Tribune reported.
 
                  
The data showed that the nation's reserve position with the IMF dropped by USD 27 million to USD 5.201 billion in the reporting week.
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