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Business & Economy Published 09 Jan, 2025 09:31am

Japan urges Pakistan to lift auto import restrictions

Japan emphasized need for Pakistan to consistently adhere to IMF program

Business & Economy Published 06 Jan, 2025 02:12pm

Govt facing potential delay in IMF tranche

The government is obligated to cut off gas to captive power plants

Business & Economy Published 10 Dec, 2024 11:03am

Overseas Pakistanis send record-breaking remittances in first five months

The remittances are double the amount received under the IMF deal

Business & Economy Published 09 Dec, 2024 02:24pm

Govt removes support price for wheat on IMF demand

For the first time, no support price has been announced

Pakistan Published 03 Dec, 2024 11:47am

IMF sets strict conditions for approval of second EFF installment

The Ministry of Finance confirmed that adherence to 22 specific points

▶️ Business & Economy Updated 17 Nov, 2024 06:26pm

‘Nothing to hide’ in IMF mission’s Pakistan visit: Finance Minister Aurangzeb

Government has dealt with 11 ministries and implementation is under way for privatisation, says Aurangzeb

Business & Economy Updated 17 Nov, 2024 12:35am

Government dismisses mini-budget rumors as IMF wraps visit for bailout

Finance Minister Muhammad Aurangzeb says government will meet Rs12,970 tax collection target

Business & Economy Updated 16 Nov, 2024 07:01pm

IMF urges Pakistan to slash state intervention in economy

IMF, Pakistan wrap up unscheduled talks on $7 billion bailout

▶️ Pakistan Published 14 Nov, 2024 10:27pm

Dollar rate should further decrease, says ECAP General Secretary Zafar Paracha

Zafar Paracha overseas Pakistanis, exchange companies can bring more exchange if given ‘export status’

Business & Economy Published 13 Nov, 2024 06:59pm

Breakthrough in IMF talks: Mini-budget avoided

There will be no general sales tax imposed on petroleum products

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 Updated 12 Nov, 2024 12:17am

IMF proposes general sales tax on petroleum products in Pakistan: report

Pakistan negotiates tax reforms with IMF delegation in Islamabad

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 02 Nov, 2024 06:22pm

Risk of Rs500b mini-budget looms as govt fails to meet IMF demands

Sources say Pakistan will have to present two to three mini-budgets

Business & Economy Published 28 Oct, 2024 11:43am

Pakistan secures $2.75b budget support from ADB over four years

New funding comes in the Pakistan's recent $7 billion loan agreement with the IMF

Business & Economy Updated 27 Oct, 2024 06:24pm

Aurangzeb vows no harassment in tax collection, aims for IMF programme conclusion

Minister highlighted positive developments, including a decrease in Pakistan's inflation rate

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

Business & Economy Updated 25 Oct, 2024 12:21am

Pakistan formally seeks $1b from IMF to manage external shocks, says finance minister

Country is also in talks with Asian Infrastructure Investment Bank for a credit enhancement

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

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

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 Published 13 Oct, 2024 10:06pm

IMF agreement won’t have been possible ‘without very active support of China’: Aurangzeb

Finance minister says cooperation with China started way before CPEC

Pakistan Published 11 Oct, 2024 12:43pm

Will electricity bills decrease after termination of IPP contracts?

One expert says 41 power plants still remain

Business & Economy Updated 10 Oct, 2024 01:54pm

Pakistan’s economy continuously improving but challenges remain, IMF representative says

Ruiz acknowledged the ongoing challenge of balancing micro and macroeconomic stability

▶️ Business & Economy Updated 30 Sep, 2024 12:04am

Tax filers surge this fiscal year, says Finance Minister Aurangzeb

Finance minister cites tax returns will be scrutinised for misdeclarations

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 Updated 26 Sep, 2024 11:26pm

IMF bailout package conditions revealed

conditions include bringing the agricultural, property and retail sectors into the tax net

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 Updated 24 Sep, 2024 10:01pm

Finance Minister Aurangzeb optimistic about IMF review

IMF’s board is set to convene on September 25 to evaluate the EFF for Pakistan

Business & Economy Published 16 Sep, 2024 08:23pm

Pakistan’s $7b loan programme included in IMF board meeting

IMF Executive Board meeting will be held on September 25