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Pakistan Published 22 Oct, 2024 01:27pm

Pakistani delegation briefs IMF about measures taken to improve economy

The delegation also met with IMF Director Jihad Azour

Pakistan Published 28 Sep, 2024 09:17am

ECC approves additional Rs1b for hosting SCO Summit in Pakistan

This budget allocation is intended for 14 spending units at headquarters

Business & Economy Updated 30 Aug, 2024 10:07pm

Pakistan inflation to fall to 9.5 to 10.5% in August, says finance ministry

Pakistan's inflation rate rose above 30% in 2023 and has not been in single digits since October 2021

Business & Economy Published 21 Aug, 2024 05:04pm

Pakistan is making good progress with IMF for board approval, Aurangzeb says

Pakistan and the IMF reached an agreement on the 37-month loan programme in July

Business & Economy Published 12 Aug, 2024 03:34pm

Prices of petroleum products could be cut by Rs12: sources

The prices will be announced on August 15

Business & Economy Published 30 Jul, 2024 04:04pm

Pakistan’s finance ministry forecasts July inflation of 12% to 13%

Inflation has slowed in recent months after hitting more than 30% in 2023

▶️ Pakistan Updated 13 Jul, 2023 05:51pm

Pakistan receives $1.2b from IMF, says Finance Minister Ishaq Dar

Thanks PM Shehbaz Sharif for his support during difficult time

Business & Economy Updated 30 Jun, 2023 09:00am

Pakistan-IMF reach $3 billion staff-level agreement, says Fund

Earlier, Ishaq Dar told Reuters the deal was going to be signed in 24 hours

Business & Economy Published 19 Jun, 2023 08:50pm

KP budget: Finance Department proposes 35% increase in govt employees salaries

An increase of 17% in pensions for retired employees has also been proposed

Business & Economy Updated 17 Jun, 2023 10:45pm

All payments will be made on time, clarifies Finance Minister Ishaq Dar

Says that Shell is not shutting its business in Pakistan

Business & Economy Updated 17 Jun, 2023 12:04am

Pakistan engaged with IMF to reach amicable solution: finance ministry

Says government is committed to loan programme

Business & Economy Published 30 May, 2023 08:42am

IMF hoping for board meeting on Pakistan before current program expires

This engagement will focus on the restoration of foreign exchange proper market functioning, says IMF mission chief

Pakistan Published 25 May, 2023 03:09pm

Finance ministry suggests 20% increase in salaries of govt employees

The federal budget 2023-24 will be presented in the National Assembly on June 9

Pakistan Updated 19 Apr, 2023 03:49am

ECP warns staggered elections will lead to anarchy, poll violence

Defence ministry also calls for simultaneous elections across the country

Pakistan Updated 16 Apr, 2023 09:24pm

Rs129b for development released, election funds still under discussion

NA committee will once again ponder the SC order for election funding

Business & Economy Published 13 Apr, 2023 11:16pm

Pakistan reiterates it has completed all requirements for bailout

Finance minister says all international obligations have been addressed in time

Business & Economy Published 16 Mar, 2023 12:12am

Petrol price increased by Rs5

Prices of high speed diesel and kerosene also increased

Business & Economy Updated 09 Mar, 2023 01:13pm

Pakistan expected to sign IMF deal in ‘next few days’

Finance Minister Ishaq Dar says his team is 'absolutely committed' to completing programme

Pakistan Published 06 Mar, 2023 08:05pm

NEPRA approves Rs3.39 per unit hike in electricity prices

The surcharge will apply to from March to June

Business & Economy Updated 25 Feb, 2023 07:17pm

Finance Ministry rebuts news about blocking salaries and pensions

A report had claimed that payments would be stopped due to financial difficulties

Pakistan Published 23 Feb, 2023 10:41am

New taxes become official as President Alvi signs finance bill

The mini-budget was tabled to fulfill IMF conditions

Pakistan Published 22 Feb, 2023 09:11am

Pakistan finance secretary sees IMF staff level talks wrapping up this week

The mission was recently in Pakistan but left without a conclusion.

Pakistan Published 16 Feb, 2023 01:22pm

Supreme Court okays 4% super tax for all industries

The tax had been overturned by the Sindh High Court last year

Pakistan Updated 09 Feb, 2023 10:35am

Federal govt refuses to give security and additional funds for provincial elections

Interior and finance ministries say their hands are full

Pakistan Published 02 Feb, 2023 11:07am

IMF asks govt to end power subsidies: sources

The Fund's team is reportedly dissatisfied with how talks are progressing

Business & Economy Published 05 Jan, 2023 07:22pm

Ishaq Dar gives earful to federal govt officers seeking allowance increase

Finance minister's order reduced officers' executive allowance to 100% of basic pay instead of 150%

Business & Economy Updated 16 Dec, 2022 02:46pm

Govt slashes petrol prices by Rs10 per litre

Petrol will now be available at Rs214.80

Pakistan Published 15 Dec, 2022 12:26pm

Dollars disappear from open market due to hoarding

Traders say there is a huge gap between open market rate and actual rate

Business & Economy Published 07 Dec, 2022 09:17am

Pakistan committed to completing IMF programme: Dar

Finance ministry says IMF programme has come 'back on track'

Business & Economy Published 29 Nov, 2022 09:01am

Pakistan, IMF begin talks on $7b loan review

Lender asks Pakistan to ‘reduce expenses’