External financing is one of the last in a string of prior actions the lender wants Islamabad to complete before it clears funding, IMF representative says
Finance minister says ICBC has rolled over $1.3bn-facility, reiterates Pakistan will not default; blames Imran Khan for country's current economic state
Spokesperson Mao Ning says Western-dominated commercial creditors and multilateral financial institutions account for the lion’s share of developing countries’ debt
In its report 'Payment halt a possibility', Barclays says lack of new bilateral financing agreements reflects Pakistan’s complex political environment & macroeconomic instability
Says poor law and order situation has triggered extreme anxiety amongst businesses who are contemplating whether to continue their business in this city or move somewhere else
Fund managing director Kristalina Georgieva says IMF asking for steps that Pakistan needs to take to be able to function as a country and not to get into a dangerous place where its debt needs to be restructured