September 9, 2023
Banking Pakistan

Pakistan eliminates cash margin requirements on imports to meet IMF conditions

The State Bank of Pakistan (SBP) has fulfilled a condition set by the International Monetary Fund (IMF) to reach a staff-level agreement by removing all cash margin requirements on imports. The SBP has withdrawn the existing Cash Margin Requirement (CMR) on imports from March 31, 2023, as per a circular dated March 24. The move […]

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Economy Pakistan

IMF Asks Pakistan To Meet Demands Within 3 Weeks To Revive Loan Programme

The International Monetary Fund (IMF) has asked Pakistan to take a number of prerequisite actions within the next three weeks if it is keen to revive the stalled loan programme. According to a report by Geo News, the IMF has conveyed to Pakistani authorities that the time has come to take “all required actions”. The […]

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