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Friends of Democratic Pakistan in News

Tokyo donors, Kerry-Lugar programme fail to honour promises to Pak
Pakistan has so far managed to get just 1.6 billion dollars out of the 12.5 billion dollars pledged at the Tokyo donors conference and under the Kerry-Lugar Act- the two major international initiatives launched to support the country's fragile economy and help it to fight terrorism.

Pak hiked IMF loan request on false premise of tax reforms: Official
Pakistan's former International Monetary Fund representative Dr Ehitsham Ahmad has admitted that the IMF loan augmentation from 7.6 billion to 11.3 billion dollars was made on a false premise that tax reforms would be implemented by autumn 2009 in the country.

Multilateral donors halt budgetary support to Pakistan, seek IMF's 'Letter of Comfort'
Multilateral donors- including the World Bank (WB), the Asian Development Bank (ADB) and the Islamic Development Bank (IDB)- have reportedly halted their budgetary aid to Pakistan.

Kayani "most powerful man in Pakistan" despite civilian govt's presence: Pak editorial
Even in the presence of a civilian government in Pakistan, Army Chief General Ashfaq Parvez Kayani is the "most powerful" man in the country, a Pakistani newspaper's editorial has said.

UK wants reforms across sectors for continued aid payment to Pak
The United Kingdom has urged Pakistan to come up with credible and irreversible plans for reforms across sectors, including power, for continued growth in aid payment.

Pak to lose international funding if power sector not reformed, warns IMF
The International Monetary Fund (IMF) has warned Pakistan of an aid cut-off if the country fails to come up with a credible and irreversible plan to implement power sector reforms.

'Pak to lose international funding in absence of credible future economic action plan'
If the Pakistan government fails to initiate a credible future action plan during the Pakistan Development Forum, then friendly countries and international financial institutions would discontinue their support, diplomatic sources have said.

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