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Business & Economy Updated 17 Jul, 2024 05:06pm

IMF keeps Pakistan’s economic growth projection unchanged at 3.5%

Fund stresses need for careful policy management

Business & Economy Updated 16 Jul, 2024 11:52pm

People sitting in federal, provincial governments are duffers: Shabbar Zaidi

Says Karachi heading towards ‘economic genocide’

Business & Economy Published 16 Jul, 2024 09:33pm

IMF sees steady global growth, warns of slowing disinflation momentum

IMF kept its 2024 global real gross domestic product growth forecast unchanged from April at 3.2%

Business & Economy Published 16 Jul, 2024 01:42pm

Lack of strong mandate could be hurdle to reform program, Moody’s says

However, the agency acknowledged potential challenges to reform implementation

Pakistan Published 11 Jul, 2024 04:44pm

Aurangzeb confident of economic prospects, says army needs to change service structure

The Minister emphasized the need to increase the tax-to-GDP ratio

▶️ Business & Economy Updated 08 Jul, 2024 10:49pm

Govt will approach IMF after one year if expenses aren’t cut, says Kaiser Bengali

Economist cites provinces cannot share circular debt expense as it’s federal government’s responsibility

Business & Economy Published 05 Jul, 2024 11:38pm

Textile factory in Karachi to shut operations

Export association chief coordinator warns more industrial units are likely to follow suit

Business & Economy Updated 03 Jul, 2024 08:26pm

Pakistan has met all requirements for IMF bailout deal, minister says

While the budget may win approval from the IMF, it could fuel public anger

Business & Economy Published 02 Jul, 2024 09:31am

FBR imposes regulatory duty on 657 luxury goods, over 2,000 items to get new customs duty

The list includes everything from perfumes to tractor parts

Business & Economy Published 01 Jul, 2024 01:43pm

PSX gains over 600 points

PSX performance comes on the last trading day of the financial year 2023-24

Business & Economy Published 14 Jun, 2024 01:53pm

Moody’s says new budget will ‘support’ IMF talks

The budget, which aims for a modest 3.6% growth, prioritizes fiscal consolidation

Business & Economy Published 13 Jun, 2024 04:49pm

Pakistan to raise up to $1 bln through international bonds in FY25

Upto $300 million will be raised

Business & Economy Published 12 Jun, 2024 05:20pm

Govt sets 3.6% GDP growth target for next year

The growth rate remained at 2.38% last year

Business & Economy Updated 11 Jun, 2024 09:26pm

Pakistan’s public debt soars to Rs67,525 billion

Increase on debt increased by Rs5,518b during July to March 2024-06-11

Business & Economy Published 11 Jun, 2024 08:30pm

Pakistan sees significant increase in donkey population

Over the past two years, donkey population has seen an increase of 200,000e

World Published 10 Jun, 2024 09:06am

UK job market on its way back after downturn

The availability of staff grew by the most since December 2020

Business & Economy Published 31 May, 2024 11:52pm

Growth target 3.6% next year, inflation to dip to 12%, planning ministry says

Ministry said the fiscal deficit would narrow on the back of fiscal consolidation measures

Pakistan Published 31 May, 2024 09:04pm

IMF proposes spike in GST and taxes on salaried class in new budget: sources

The budget is set to be presented on June 10

Pakistan Published 30 May, 2024 09:44pm

Electricity price to climb to Rs100/unit, dollar to reach Rs350: Omar Ayub

Severly criticizes the government's handling of the economy

Pakistan Updated 23 May, 2024 09:41am

Pakistan races to meet IMF’s prior actions deadline by June 30 for next bailout

Mission set to fly out on Friday without announcing staff level agreement

Business & Economy Published 21 May, 2024 03:30pm

Pakistan GDP grows 2.09% in Q3, supported by agriculture

Estimates provisional growth rate of gross domestic product (GDP) for the financial year ending June 2024 is 2.38%

Business & Economy Published 15 May, 2024 09:25pm

Taxes on cash withdrawals could see increase in next budget

Tax could be increased to 0.9%

Business & Economy Published 13 May, 2024 11:55pm

Pakistan to finalise $8 bn deal with IMF by July, US Bank says

The IMF agreement is likely to affect budget policies

Business & Economy Updated 12 May, 2024 03:38pm

‘No turning back’: Finance Minister Aurangzeb vows to broaden tax base

‘We [I and Dar Sb] are absolutely on the same wavelength that there is no such thing as strategic SOE’

Business & Economy Published 05 May, 2024 09:40pm

IMF says its mission will visit Pakistan this month to discuss new loan

Pakistan is expected to seek at least $6 billion and request additional financing

Pakistan Published 05 May, 2024 09:25pm

Political parties should bring their own finance minsiters, Zubair says

Adds that Stock Market is manipulated by a few dozen people

Pakistan Updated 27 Apr, 2024 01:06am

PM Shehbaz describes Track and Trace System as ‘fraud’

Says Pakistan's economic conditions show improvement

Business & Economy Published 24 Apr, 2024 10:14pm

IMF confirms meeting on April 29 to review Pakistan tranche

Pakistan is also seeking a new long-term, larger IMF loan

Business & Economy Published 18 Apr, 2024 07:22pm

SBP chief says deceleration in inflation is broad-based

Jameel Ahmad cites inflation had fallen sharply over the past year

Business & Economy Published 16 Apr, 2024 08:15pm

IMF sees Pakistan economy grow next year

Says consumer prices expected to decrease next year