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IMF to Bailout Pakistan
IMF to Bailout Pakistan
Form the Telegraph: Pakistan to receive $9bn from IMF in fight against bankruptcy Pakistan is to receive a $9bn (£5.5bn) bail-out loan from the International Monetary Fund as the country has three weeks to stave off bankruptcy. ... The IMF agreed in principle to a billion dollar economic ...
IMF to Launch New Facility for Emerging Markets Hit by Crisis
IMF to Launch New Facility for Emerging Markets Hit by Crisis
imf.org — IMF LENDING IMF to Launch New Facility for Emerging Markets Hit by Crisis IMF Survey online October... 29, 2008 T he IMF said it will create a new short-term lending facility to channel funds quickly to emerging markets that have a strong track record, ... (more) IMF to Launch New Facility for Emerging Markets Hit by ...
Urgent need for IMF action
Urgent need for IMF action
rodrik.typepad.com — Paul Krugman frets that we are about to witness the mother of all currency crises in emerging... markets, and I am afraid that he is right. As I wrote in my previous post , the financial crisis in the developing world has just started and there are ... (more) Urgent need for IMF action
IMF Creates $100 Billion Fund to Aid Crisis Fight
IMF Creates $100 Billion Fund to Aid Crisis Fight
online.wsj.com — The International Monetary Fund will offer as much as $100 billion in a new kind of loan... to countries that are battered by the financial crisis, making available new cash to help ease the world credit crisis. The new three-month loans, aimed at ... (more) IMF Creates $100 Billion Fund to Aid Crisis Fight
1 Comment
  • afzalrizvi afzalrizvi
    +1
    As for Pakistan's economic history, it appears that it is for the first time that Pakistan economy has been  completely shipwrecked.The IMF loan's package of support to bail out Pakistan from the present economic turmoil is nothing but the first aid surgery, not a complete treatment of the economic syndrome that Pakistan seems to have been suffering from.The core resonsibility goes to the shoulder of the government in Islamabad to cure the crisis on the durable basis-the only working prescience that has to be adopted by the economic doctors in the government/civil society.
    Posted 11/1/2008 respond (flag)
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