December 2016 Current Affairs

November 2016 Current Affairs
30 NOV
NEWS
29 NOV
NEWS
28 NOV
NEWS
26 NOV
NEWS
25 NOV
NEWS
24 NOV
NEWS

October 2016 Current Affairs
31 OCT
NEWS
27 OCT
NEWS
26 OCT
NEWS
25 OCT
NEWS
24 OCT
NEWS
22 OCT
NEWS

September 2016 Current Affairs
30 SEP
NEWS
29 SEP
NEWS
28 SEP
NEWS
27 SEP
NEWS
26 SEP
NEWS
24 SEP
NEWS

August 2016 Current Affairs
31 AUG
NEWS
30 AUG
NEWS
29 AUG
NEWS
27 AUG
NEWS
26 AUG
NEWS
25 AUG
NEWS

IMF clears payment of USD 501 million to Pakistan

IMF clears payment of USD 501 million to Pakistan
28 June 2016 Current Affairs: The IMF has cleared immediate disbursement of USD 501 million to Pakistan, taking the total amount given to the cash-strapped country to USD 6.1 billion in since 2013. 

In a statement, issued after the conclusion of 11th review of Pakistan's economic performance under a three-year programme supported by an Extended Fund Facility (EFF) arrangement, the International Monetary Fund said the decision enables the immediate disbursement of about USD 501 million to Pakistan. 

On September 4, 2013, the IMF Executive Board had approved the 36-month extended arrangement under the EFF about USD 6.64 billion or 216 per cent of Pakistan's current quota at the IMF. 

The IMF had earlier advised Pakistan to continue the reforms introduced during its engagement with the Fund as those reforms had been good for the economy.

The Fund had also reminded Pakistan that the current exports of USD 25 billion were not enough for an economy of over USD 280 billion and the country should aim to double that. 

A recent IMF study also reminded Pakistan that it could double its tax revenues by making concerted efforts to broaden tax bases, strengthening tax compliance and rationalising the tax system in an efficient and equitable manner.

The study, 'Unlocking Pakistan's Tax Revenue Potential', noted that Pakistan's tax system did not promote efficiency and fairness and was complex and fragmented.

International Monetary Fund  : The International Monetary Fund (IMF) is an international organization headquartered in Washington, D.C., of "189 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.

 


December 2016 Current affairs

November 2016 Current affairs
30 NOV
NEWS
29 NOV
NEWS
28 NOV
NEWS
26 NOV
NEWS
25 NOV
NEWS
24 NOV
NEWS




October 2016 Current affairs
31 OCT
NEWS
27 OCT
NEWS
26 OCT
NEWS
25 OCT
NEWS
24 OCT
NEWS
22 OCT
NEWS

September 2016 Current affairs
30 SEP
NEWS
29 SEP
NEWS
28 SEP
NEWS
27 SEP
NEWS
26 SEP
NEWS
24 SEP
NEWS

August 2016 Current affairs
31 AUG
NEWS
30 AUG
NEWS
29 AUG
NEWS
27 AUG
NEWS
26 AUG
NEWS
25 AUG
NEWS



FreshersLive - No.1 Job site in India. Fresherslive Current Affairs 2016 section offers informative quiz questions with answers regarding latest current affairs today for all sorts of competitive exams like UPSC, TNPSC , IFS, IAS, IPS, railway exams (RRB) and banking exams like IPBS PO, IPBS clerk, Federal Bank PO, ICICI, SBI, RBI legal officer & Grade officer posts and much more. Register with us to get latest Current Affairs Updates. Also get latest Current Affairs news and quiz Updates for free alerts daily through E-mail

Get Daily Current Affairs to your Email

You can Unsubscribe us at any time.

Get Daily Current Affairs to your Email

You can Unsubscribe us at any time.