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During that period economy of Pakistan remained in poor shape and Pakistan had to go to IMF again for record third in the period of Bhutto government. [3] As per few sources, this was the most corrupt government in the history of Pakistan. This time Pakistan got an amount of US$294,690 (equivalent to $589,251 in 2023) on 13 December 1995. [3]
In addition to loans, the program supported a skills scholarship initiative, a talent hunt for youth sports, and the establishment of a National Youth Council. However, in July 2022, the State Bank of Pakistan paused disbursements under the Kamyab Jawan Program. [4] The programme was revived by the Shehbaz Sharif government at the end of the ...
It gives the scholarship to bright students which cannot afford their fees. The Punjab Educational Endowment Fund (PEEF) is an initiative of the Government of Punjab. In order to make it more efficient, transparent and autonomous in its functioning, it is registered under section 42 of the Companies Ordinance, 1984.
IMF grants nine-month standby arrangement to Pakistan to ‘support the authorities’ economic stabilisation programme’
The IMF has opened discussions with Pakistan on a new loan programme after Islamabad last month completed a short-term $3 billion programme, which helped stave off a sovereign debt default. An IMF ...
The funds are the final tranche of a $3 billion last-gasp rescue package Pakistan had secured last summer, which averted a sovereign debt default. "The IMF team has reached a staff-level agreement ...
The paper also reports that Pakistan received the most aid out of all the countries in Southern Asia, with India just behind receiving $589 million in 2015. The biggest part of the aid to Pakistan was given for basic education. Out of the total $649 million, $371 million or 57.16 per cent was given for basic education. [1]
Pakistan and the International Monetary Fund (IMF) on Wednesday reached a staff level agreement (SLA) on the second and final review of Pakistan's bailout program, which will release $1.1 billion ...