March 29, 2023
Banks news Blog IMF and Pakistan
SBP
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 The SBP has withdrawn the existing Cash Margin Requirement (CMR) on imports from March 31, 2023, as per a circular dated March 24.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 […]

Read More
IMF Asks Pakistan To Meet Demands Within 3 Weeks To Revive Loan Programme
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 […]

Read More