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Pakistan Plans to Request $6 Billion in New IMF Loan Program: Report| Oneindia News

Video Credit: Oneindia - Duration: 02:06s - Published
Pakistan Plans to Request $6 Billion in New IMF Loan Program: Report| Oneindia News

Pakistan Plans to Request $6 Billion in New IMF Loan Program: Report| Oneindia News

Pakistan plans to seek a $6 billion IMF loan to repay looming debts.

The federal budget allocates $2.5 billion from the IMF, as Pakistan faces a $22 billion debt burden with reserves covering just one month of imports.

Credit ratings have dropped, necessitating ongoing financial support efforts.

Pledges from Saudi Arabia, UAE, and China, along with commitments from international donors, remain vital for economic stability.

#Pakistan #IMF #PakistanIMF #IMFLoan #Pakistancrisis #Pakistaneconomiccrisis #UAE #China #Pakistanelections #Worldnews #Oneindia #Oneindia News ~PR.152~ED.194~GR.121~HT.96~


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Pakistan Pakistan Country in South Asia

Pakistanā€™s Fazlur Rehman Praises India in Rebuke for Pakistan, Compares Objectives | Oneindia News [Video]

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Maulana Fazlur Rehman of Jamiat Ulema-e-Islam Pakistan (Fazl) criticizes Pakistan's establishment for alleged election rigging and favoritism towards Imran Khan's PTI. He questions the fairness of recent polls and urges the coalition to allow PTI to form the government. Rehman expresses dismay over Pakistan's reliance on international aid, contrasting it with India's progress, and calls for implementing Islamic principles and addressing national debt to avoid stagnation. #MaulanaFazlurRehman #Jamiat #Pakistannews #Pakistanupdates #ImranKhan #PTI #ShehbazSharif #PakistanEconomy #Worldnews #Oneindia #Oneindianews ~HT.99~PR.152~ED.101~

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Pakistan's Foreign Minister Ishaq Dar was appointed Deputy Prime Minister by Prime Minister Shehbaz Sharif-led Cabinet. This move, effective immediately, marks a strategic shift in government leadership. Dar's past role as Finance Minister and a recent stint as Foreign Minister raises questions about his new position. He is currently on an official visit to Saudi Arabia for the World Economic Forum Summit. #Ishaqdar #PMShehbazSharif #SaudiArabia #IshaqDar #NawazSharif #ImranKhan #Pakistan #Pakistannews #Oneinda #Oneindia news ~HT.99~PR.152~ED.101~

Credit: Oneindia    Duration: 02:13Published

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International Monetary Fund International Monetary Fund International financial institution

IMF Warns of Broad Global Impact Due to Conflict in the Middle East [Video]

IMF Warns of Broad Global Impact Due to Conflict in the Middle East

IMF Warns of Broad Global Impact, Due to Conflict in the Middle East. According to 'The Guardian,' the International Monetary Fund recently highlighted the risks of escalating conflict in the Middle East with two new reports. . The reports, titled World Economic Outlook (WEO) and the Global Financial Stability Review (GFSR), comes amid heightened fears of a war between Iran and Israel. The IMF reports that the escalating conflict comes at a time when financial markets have remained optimistic of a soft landing for the global economy. The IMF reports that the escalating conflict comes at a time when financial markets have remained optimistic of a soft landing for the global economy. That soft landing, which would include lowering inflation, receding interest rates and would avoid a potential recession, could be threatened by the outbreak of war. That soft landing, which would include lowering inflation, receding interest rates and would avoid a potential recession, could be threatened by the outbreak of war. 'The Guardian' reports that previous Middle East conflicts have resulted in significantly higher oil prices. . Pierre-Olivier Gourinchas, the IMFā€™s economic counsellor, said the organization was evaluating the potential for another commodity shock from the conflict. The increased inflation that would come from higher energy prices would trigger a response from central banks that would tighten interest rates in order to secure inflation coming back to target, and that would weigh down on activity, Pierre-Olivier Gourinchas, IMF economic counsellor, via 'The Guardian'. The increased inflation that would come from higher energy prices would trigger a response from central banks that would tighten interest rates in order to secure inflation coming back to target, and that would weigh down on activity, Pierre-Olivier Gourinchas, IMF economic counsellor, via 'The Guardian'. It would do so in a context in which, in some countries, activity and growth is already fairly weak, so that might also have a strong effect there, Pierre-Olivier Gourinchas, IMF economic counsellor, via 'The Guardian'. According to Gourinchas, the impact of a 15% increase in the price of oil, combined with higher shipping costs, could result in a 0.7% increase in global inflation. According to Gourinchas, the impact of a 15% increase in the price of oil, combined with higher shipping costs, could result in a 0.7% increase in global inflation. Gourinchas also warned that such an increase would also bring down business confidence and global investment.

Credit: Wibbitz Top Stories    Duration: 01:31Published
IMF Question Pakistan Over Claims of Meeting Targets Even Before Proper Review| Oneindia News [Video]

IMF Question Pakistan Over Claims of Meeting Targets Even Before Proper Review| Oneindia News

The IMF team, led by Nathan Porter, expressed dismay at Pakistan's finance ministry for prematurely claiming fulfillment of structural benchmarks. Before completing their review, the team arrived to analyze economic data. The ministry's premature announcement left the IMF unable to provide feedback. Pakistan's finance minister assured such incidents wouldn't recur. Discussions continue for the release of the last $1.1 billion tranche, with speculation of a potential mini-budget to boost revenues. #IMF #NathanPorter #PakistanEconomicCrisis #IMFPakistan #PakistanEconomy #IMFBailout #Worldnews #Pakistannews #Economynews #Oneindia #Oneindianews ~HT.178~PR.152~GR.123~

Credit: Oneindia    Duration: 02:25Published
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Credit: euronews (in English)    Duration: 08:00Published

United Arab Emirates United Arab Emirates Country in West Asia

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Dubai Floods: UAE Allocates $544 Million for Repairs After Record Rains | Oneindia News [Video]

Dubai Floods: UAE Allocates $544 Million for Repairs After Record Rains | Oneindia News

The United Arab Emirates unveils a $544 million fund for repairs following record-breaking rains and widespread flooding. Learn more about the government's response to the aftermath of the historic rainfall and its commitment to supporting affected Emirati families. #Dubai #DubaiFloods #DubaiRains #DubaiFlood #DubaiNews #UAEFloods #UAERains #UAENews #OmanRains #Oneindia ~PR.274~ED.155~GR.125~HT.96~

Credit: Oneindia    Duration: 03:02Published
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Dubai Floods: NASA posts pics of flooded UAE areas after 6 billion cubic metres of rain| Oneindia

NASA has unveiled striking images capturing the extensive flooding in the UAE following the recent torrential rainfall. Describing it as a "slow-moving storm," NASA highlighted the unprecedented deluge that inundated the Gulf states, surpassing a year's worth of rainfall in some regions. According to the UAE's meteorological department, the country received a staggering 6.04 billion cubic metres of rain last week, nearly equivalent to its annual precipitation of 6.7 billion cubic metres. This remarkable event underscores the magnitude of the weather phenomenon that swept across the region. #DubaiFloods #UAEFloods #NASAImages #FloodedUAE #RainInUAE #UAEWeather #FloodMonitoring #NASAData #UAEEnvironment #ClimateChange ~PR.152~ED.155~GR.123~HT.318~

Credit: Oneindia    Duration: 03:03Published
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Dubai Floods Update: Emirates & flydubai Resume Operations After Airport Chaos | Oneindia News

Emirates and flydubai swiftly return to normal operations following severe flooding in Dubai. Thousands of flights disrupted, but resilience prevails. Stay updated on UAE travel news. #Dubai #DubaiFloods #DubaiRains #DubaiFlood #DubaiNews #UAEFloods #UAERains #UAENews #OmanRains #Oneindia ~PR.274~ED.103~GR.125~HT.96~

Credit: Oneindia    Duration: 02:44Published

Saudi Arabia Saudi Arabia Country in the Middle East

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PM Modi on Shah's Deepfake, Bansuri Swaraj's Nomination, Revanna Controversy & More | Oneindia News

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Seven Naxalites, including two women, were killed in a clash with security forces in Chhattisgarh's Narayanpur-Kanker forest border. This encounter, the second major strike within 15 days, occurred during an anti-Naxal operation by the District Reserve Guard and Special Task Force. Weapons, including an AK-47 rifle, were seized. With 88 Naxalites killed this year in Bastar region encounters, the state continues its efforts against insurgency. #Naxalites #NaxalEncounter #Kanker #BaxarRegion #Chattisgarhnews #Chattisgarhencounter #Indianews #Maoists #Oneindia #Oneindianews ~HT.97~ED.155~PR.320~

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The CBI's chargesheet on the Churachandpur incident unveils shocking details: Manipuri women and men sought refuge in a police vehicle but were abandoned when a mob approached. The police driver refused assistance, leading to fatal consequences for one victim. #CBI #Churachandpur #Manipur #Manipurnews #Kuki #Meitei #ManipurVoilence #ManipurUpdates #Indianews #Oneindia #Oneindianews ~HT.99~PR.152~ED.103~

Credit: Oneindia    Duration: 02:10Published

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