Facebook Instagram Linkedin Twitter Youtube
  • Media/Marketing
    • Ad Asia Lahore 2019
    • Case Studies
    • CEO Stories
    • Effie Awards Pakistan
    • Events
    • Interviews
    • OOH Ads
    • Print Ads
    • Research
    • Research Articles
    • TV Ads
  • News
    • Jaffar Express Hijack
    • Pakistan
  • VeryFilmi
    • Celebrities
    • Celebrity Profiles
    • TV
  • Sports
    • Champions Trophy 2025
    • HBL PSL 9
    • ICC Cricket World Cup
    • PSL X
    • World Cup ’24
  • Tech
    • Gadget
    • Gaming
    • How To
    • Mobile
    • Social
  • Auto
  • OP-ED
  • Lifestyle
    • Beauty
    • Campus Stories
    • Culture
    • Fashion
    • Food
    • Health
    • Movies
    • Music
    • Travel
  • World
  • اردو
Search
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
Brandsynario
  • Media/Marketing
    • AllAd Asia Lahore 2019Case StudiesCEO StoriesEffie Awards PakistanEventsInterviewsOOH AdsPrint AdsResearchResearch ArticlesTV Ads
      realme

      Realme 14 Series To Debut On July 14th With Pakistan’s First…

      TCL

      TCL Launches Its All-New Washing Machines – Mehnat Kam, Safayi Zyada….

      Karachi port

      Karachi Port Trust Delegation Visits Cbd Punjab To Explore Investment And…

      menstrual-condition-harm-your-relationship-with-your-partner

      Can PMDD Menstrual Condition Harm Your Relationship with Your Partner?

  • News
    • AllJaffar Express HijackPakistan
      whatsapp-to-introduce-threaded-message-replies-for-smoother-chats

      WhatsApp To Introduce Threaded Message Replies For Smoother Chats

      elon-musks-america-party-could-shake-trumps-2026-plans

      Elon Musk’s America Party Could Shake Trump’s 2026 Plans

      microsoft-invests-3-billion-in-india-after-pakistan-exit

      Microsoft Invests $3 Billion in India After Pakistan Exit

      Trump’s Big Beautiful Bill is a BIG Threat to Immigrants! Here’s…

  • VeryFilmi
    • AllCelebritiesCelebrity ProfilesTV

      Pakistan Captures Audiences at 2025 SCO Film Festival

      Pakistan Celeb Breakups that Broke the Internet… and Our Hearts

      Pakistani Stars Who Married Again and Gave Love a Second Chance

      How Did a Girl from Karachi End Up Doing Brows at…

  • Sports
    • AllChampions Trophy 2025HBL PSL 9ICC Cricket World CupPSL XWorld Cup ’24
      wahab-riaz-to-lead-pakistan-champions-pace-attack-in-wcl-2025

      Wahab Riaz to Spearhead Pakistan Champions’ Pace Attack in WCL 2025

      new-icc-chief-sanjog-gupta-sparks-conflict-of-interest-debate

      New ICC Chief Sparks Conflict of Interest Debate as Indian Influence…

      ihsanullah-breaks-silence-on-emotional-videos-criticism

      Ihsanullah Breaks Silence On Emotional Videos And Criticism

      sikandar-raza-leads-lahore-qalandars-to-psl-10-glory-imad-wasim-icc-yet-to-approve-world-club-t20-championship-as-rumours-swirl

      ICC Yet to Approve World Club T20 Championship as Rumours Swirl

  • Tech
    • AllGadgetGamingHow ToMobileSocial

      WhatsApp Rolls Out Threaded Replies

      10-must-buy-indie-games-you-need-to-add-to-your-cart-during-the-steam-summer-sale

      10 Must-Buy Indie Games You Need During the Steam Summer Sale

      pubg-mobile-kr-3-9-update-with-new-transformers

      PUBG Mobile KR 3.9 Update with New Transformers

      whatsapp-to-introduce-threaded-message-replies-for-smoother-chats

      WhatsApp To Introduce Threaded Message Replies For Smoother Chats

  • Auto
    • changan-increases-price-across-all-models

      After Suzuki and Toyota, Changan Increases Price Across All Models

      suzuki-to-raise-car-prices-from-july-1-following-gst-hike

      Suzuki to Raise Car Prices from July 1, Following GST Hike

      trumps-auto-parts-tariffs-affecting-the-broader-economy

      How are Trump’s Auto Parts Tariffs Affecting the Broader Economy?

      toyota-car-prices-in-pakistan-after-federal-budget-2025-26

      Toyota Car Prices in Pakistan After Federal Budget 2025–26

      kia-car-prices-surge-up-to-rs-7-lac-starting-july

      Kia Car Prices Surge Up to Rs7 Lac Starting July

  • OP-ED
    • sylvia-plaths-fig-tree-perspective-and-how-itresonating-with-gen-z

      Sylvia Plath’s Fig Tree Perspective and How It’s Resonating With Gen…

      monsoon-rains-expected-in-karachi-this-weekend-but-is-the-city-ready

      Monsoon Rains Expected in Karachi this Weekend — But is the…

      as-fo-refers-dr-aafias-case-to-agp-lets-revisit-the-past

      As FO Refers Dr Aafia Siddiqui Case to AGP, Let’s Revisit…

      netanyahus-endgame-whats-he-really-after

      Netanyahu’s Endgame: What’s He Really After?

      Could the Iran-Israel Conflict Spill Over into Pakistan?

  • Lifestyle
    • AllBeautyCampus StoriesCultureFashionFoodHealthMoviesMusicTravel
      sylvia-plaths-fig-tree-perspective-and-how-itresonating-with-gen-z

      Sylvia Plath’s Fig Tree Perspective and How It’s Resonating With Gen…

      menstrual-condition-harm-your-relationship-with-your-partner

      Can PMDD Menstrual Condition Harm Your Relationship with Your Partner?

      paris-opens-river-seine-after-a-century-but-why-was-it-banned

      Paris Opens River Seine after a Century, But Why Was It…

      cyberpunk-edgerunners-2-is-coming-and-it-might-make-you-sob-even-more

      Cyberpunk Edgerunners 2 is Coming and It Might Make You Sob More

  • World
    • whatsapp-to-introduce-threaded-message-replies-for-smoother-chats

      WhatsApp To Introduce Threaded Message Replies For Smoother Chats

      elon-musks-america-party-could-shake-trumps-2026-plans

      Elon Musk’s America Party Could Shake Trump’s 2026 Plans

      microsoft-invests-3-billion-in-india-after-pakistan-exit

      Microsoft Invests $3 Billion in India After Pakistan Exit

      Trump’s Big Beautiful Bill is a BIG Threat to Immigrants! Here’s…

      can-covid-vaccines-be-the-reason-behind-sudden-deaths

      Can COVID-19 Vaccines be the Reason Behind Sudden Deaths and Heart…

  • اردو
Home Automobile Pakistan to Decide Whether to Seek IMF Bailout by ‘September’

    Pakistan to Decide Whether to Seek IMF Bailout by ‘September’

    By
    AFP
    -
    Aug 8, 2018
    Facebook
    Twitter
    Pinterest
    WhatsApp

      Pakistan must decide by the end of September if it will go to the IMF to bail out its economy, which is facing a balance-of-payments crisis, the likely new finance minister Asad Umar said Tuesday.

      “By the end of September, we should make our decision,” Umar, a member of the Pakistan Tehreek-e-Insaf (PTI) party of Imran Khan, which won Pakistan’s elections on July 25 and is now seeking to form a coalition government.

      Umar, who is widely tipped to become Khan’s finance minister, reiterated his stance that Pakistan was examining other options as well as the IMF, including loans from friendly countries or remittances from overseas Pakistanis.

      He spoke a week after the US raised fears that Pakistan could use any bailout from the International Monetary Fund to pay off debts to China.

      Pakistan has gone to the IMF repeatedly since the late 1980s. The last time was in 2013, when Islamabad got a $6.6 billion loan to tackle a similar crisis.

      Analysts have said this time that the new government will have to act quickly as the country teeters on the verge of a new balance-of-payments crisis which could threaten its currency and its ability to repay debts or pay for imports.

      Its budget deficit has grown steadily over the past five years, from four percent to 10 percent of GDP.

      As a result, its foreign currency reserves have declined to about $10.3 billion, covering less than two months of imports. The rupee has been devalued four times since December, fuelling inflation.

      Umar said his party has not yet been given access to the official data.

      But he was quick to add that while the situation is “dire”, it is not the first time Pakistan has faced such challenges.

      “We came out of it earlier, we will come out of it again,” he said.

      Analysts say Pakistan needs a loan of around $12 billion to turn the corner, but a diplomat has told AFP Islamabad is betting on a loan of at least $6.5 billion from the IMF to get it through the crisis.

      However, there are fears the terms of any new loan will be more stringent than in 2013, due to tense relations with the US, the lender’s biggest donor.

      In July, US Secretary of State Mike Pompeo voiced concerns over any IMF bailout being used to repay Chinese loans to Islamabad.

      “There’s no rationale for IMF tax dollars — and associated with that, American dollars that are part of the IMF funding — for those to go to bail out Chinese bondholders or China itself,” Pompeo told US television station CNBC.

      The state of national finances could also undermine one of Khan’s most popular promises, his “Islamic welfare state”, based on increased spending on education and health.

      “Obviously, the scale of these interventions… will be more limited initially with the resource constraints, but it will grow in size. You will not have to wait five years to see things that are new and different,” Umar said.

      Facebook
      Twitter
      Pinterest
      WhatsApp
        AFP
        AFP
        https://www.brandsynario.com/
        Brandsynario is a unique, interactive online publishing house that presents integrated and updated news and information concentrating on brands’ marketing activities.

        Facebook Instagram Linkedin Twitter Youtube
        • Home
        • About Us
        • Write for Us
        • Careers
        • Advertise
        • Privacy Policy
        • Contact Us
        © 2025 Brandsynario