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Pakistan Published 12 Nov, 2024 10:06am

IMF raises concerns over Pakistan’s strategy for declining electricity demand due to solarisation

IMF sought clarity on how Pakistan plans to manage the issues related to solar energy

Business & Economy Published 06 Nov, 2024 11:06am

IMF to dispatch mission to Pakistan next week for $7b bailout package evaluation

Nathan Porter will lead the delegation to review progress on 40 conditions

Business & Economy Published 25 Oct, 2024 03:48pm

Pakistan fails to meet IMF cash surplus target, shortfall reaches Rs182b

The provinces collectively reported a cash surplus of only Rs160 billion

Pakistan Published 24 Oct, 2024 09:31am

Pakistan to auction Pakistan International Airlines on October 30

Gul Asghar explained that PIA's operational assets have been separated for the auction

Business & Economy Published 21 Oct, 2024 03:49pm

Pakistan requests additional $2b from IMF to tackle climate change challenges

Pakistan requested an additional $1.5 billion loan from IMF on Sept 27 due to climate issues

Business & Economy Updated 28 Sep, 2024 01:14am

SBP receives $1b IMF tranche amid new financing assurances

IMF Pakistan mission chief did not share details of additional financing amounts

Business & Economy Published 26 Sep, 2024 11:19am

IMF disburses first tranche of $1b in Pakistan’s bailout package

Kristalina Georgieva emphasizes positive reforms as inflation continued to decline in Pakistan

Business & Economy Published 26 Sep, 2024 09:14am

Pakistan borrows $714.74m in first two months of FY2024-25

China disbursed $96.76 million in July, but no funds were received in August

Pakistan Updated 25 Sep, 2024 11:59pm

IMF formally approves $7 billion bailout package for Pakistan

The program will be 37 months long in duration

Pakistan Published 20 Aug, 2024 09:41am

IMF’s $7b bailout faces uncertainty as executive board schedule excludes Pakistan

Finance minister had hinted at possibility of board meeting at August end

Business & Economy Published 17 Aug, 2024 10:47am

Power Division willing to share IPP agreements with NA standing committee on power

The electricity prices were increased due to the pressure of IMF: Secretary Power

Business & Economy Updated 15 Jul, 2024 05:15pm

Pakistan shares hit fresh record after new IMF deal

The deal caps negotiations that started in May

Business & Economy Published 15 Jul, 2024 11:04am

IMF deal: Finance Ministry tightens grip on development funds despite planning ministry objections

The PTI govt had streamlined budget release process to enable faster disbursements

Pakistan Updated 13 Jul, 2024 06:24pm

Will quit, but won’t come under pressure: PM Shehbaz

Orders FBR to tax those who have not been paying any taxes

Business & Economy Updated 13 Jul, 2024 05:32pm

IMF reaches $7 billion staff-level loan agreement with Pakistan

The agreement is subject to approval by the Executive Board of the Fund

Business & Economy Updated 11 Jul, 2024 11:39am

IMF suggests Pakistan to impose 45% tax on agriculture income: report

Agriculture sector contributes meagre 0.1% to total tax collection

Pakistan Published 28 Jun, 2024 03:23pm

At UN, Pakistan debunks India’s claim of Kashmir being its ‘integral’ part

The government presented the tax-loaded budget two weeks ago

▶️ Business & Economy Updated 11 Jun, 2024 10:22pm

There are no sacred cows, says Aurangzeb as Pakistan registers 2.38% GDP growth

Presents Pakistan Economic Survey ahead of annual budget on Wednesday (tomorrow)

Business & Economy Published 10 Jun, 2024 05:21pm

Pakistan’s budget will aim to set stage for IMF bailout

It will also be first test for new Finance Minister Muhammad Aurangzeb

Business & Economy Published 02 Jun, 2024 08:06pm

Pakistan, IMF at odds over exchange rate assumptions: report

Government pins hopes on World Bank, ADB disbursements to support rupee

Pakistan Updated 24 May, 2024 09:17am

IMF, Pakistan make significant progress on new loan, says mission

Mission, authorities will continue policy discussions virtually over coming days aiming to finalise discussions, says Porter

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 Updated 21 May, 2024 10:43am

IMF forecasts Pakistan’s defence budget at Rs2.152tr

Pakistan’s defence allocation is projected to be 1.72% of its gross domestic product

Business & Economy Published 20 May, 2024 10:10am

Pakistan, IMF to start policy level talks for new bailout package today: sources

Talks are expected to be around amount of the package

Business & Economy Published 17 May, 2024 03:23pm

IMF demands Pakistan cut down expenses

Interest payments on public debt surpass federal government’s net revenues

Pakistan Published 15 May, 2024 12:06pm

IMF expresses serious concerns over uncontrolled circular debt in Pakistan

The circular debt in the energy sector has surged by Rs 150 billion

Business & Economy Updated 13 May, 2024 12:11pm

Pakistan ‘assures’ IMF of not taking loan from SBP in next fiscal year

Government says it will meet foreign debt obligations on time

Business & Economy Published 12 May, 2024 09:45am

IMF wants Pakistan to focus on ‘energy sector’ in next budget

Rates of electricity and gas should be determined according to the cost, say sources

Business & Economy Updated 10 May, 2024 10:28pm

Pakistan’s outlook remains challenging, says IMF report

Says downside risks remaining exceptionally high

Business & Economy Updated 25 Mar, 2024 07:36pm

Pakistan absent from IMF Executive Board meeting agenda

Meeting related to Pakistan is expected to be held in second week of April