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Imran Khan To Meet IMF Chief Christine Lagarde For Talks On Bailout

Sunday, February 10, 2019, 7:31 AM

Pakistani Prime Minister Imran Khan will meet International Monetary Fund (IMF) chief Christine Lagarde in Dubai on Sunday for talks on issues which have held up bailout negotiations, a Pakistani minister said on Saturday. Pakistan is seeking its 13th bailout since the late 1980s to deal with a current account deficit that threatens to trigger a balance of payments crisis.
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Amid Economy Woes, Pakistan Bank Receives $1 Billion From UAE

Friday, January 25, 2019, 7:32 PM

The SBP received $1 billion from the UAE following an agreement with the Abu Dhabi Fund for Development (ADFD), to help bridge Islamabad's current account deficit. The ADFD on January 22 agreed to provide $3 billion to Pakistan in three installments, Pakistan-based Dawn news reported. Prior to this, Pakistan had approached China and Saudi Arabia for funds to avoid a balance of payments crisis.
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Pakistan's "Poetic Justice" Takes Oath, Pledges Reform

Friday, January 18, 2019, 9:33 PM

Pakistan's new chief justice was sworn in Friday, pledging reform of a Supreme Court whose controversial decisions include ousting a prime minister and freeing a Christian accused of blasphemy. Asif Saeed Khan Khosa, 64, became the 26th Chief Justice of Pakistan after a televised ceremony at President's House in Islamabad saw the judge take the oath in front a crowd of dignitaries.

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