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Business & Economy Updated 14 Sep, 2024 12:26am

PSX continues with bullish trend, gains 315 more points

KSE-100 index closes at 79,333.06

Pakistan Updated 13 Sep, 2024 12:25am

IMF board to discuss Pakistan programme on September 25

PM Shehbaz says ‘friendly’ countries have helped Pakistan meet requirements necessary to secure IMF bailout

Pakistan Updated 12 Sep, 2024 07:58pm

PM says constant loan requests diminish Pakistan’s significance as nuclear power

‘Israel has thrown any decisions from the International Court into the trash,’ cites premier

Pakistan Published 11 Sep, 2024 04:21pm

Punjab govt withdraws Rs14 subsidy electricity amid IMF pressure

The federal govt had postponed implementation of a 51% increase in electricity prices

Pakistan Updated 09 Sep, 2024 07:15pm

Pakistan secured $57.27 billion in external loans over last five years

South Asian country seeks $7b loan package from IMF this year

Pakistan Updated 07 Sep, 2024 06:20pm

Austerity measures: PM Shehbaz’s plan to streamline ministries revealed

Govt to merge Ministry of Kashmir and Gilgit-Baltistan with SAFRON

Pakistan Published 05 Sep, 2024 11:47am

IMF stops government from setting support price for commodities

The latest bailout is yet to be approved by the Fund's board

Pakistan Updated 23 Aug, 2024 04:53pm

IMF loan at high 5.09% interest rate discussed in Senate panel meeting

Pakistan has borrowed 21,260 million Special Drawing Rights (SDRs) from the IMF

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

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 Updated 19 Aug, 2024 07:11pm

Pakistan’s case not on IMF agenda

International lender releases executive board meeting calendar

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

Pakistan Published 14 Aug, 2024 12:47pm

Govt okays Rs515bn development projects

The $900 million loan from ADB is intended to trigger climate change-related reforms

Business & Economy Updated 06 Aug, 2024 09:54pm

Pakistan secures one-year debt rollover assurances from key lenders: report

Nation has $12 billion in bilateral debt payments this year

Pakistan Published 04 Aug, 2024 11:55pm

PM Shehbaz says officially requested China to reschedule debt for five years

Claims multiple Chinese companies will invest in Pakistan in coming period

Business & Economy Published 01 Aug, 2024 04:56pm

Five Chinese firms bid to help with Pakistan’s Panda Bond issuance

Two Pakistani firms had also applied, says finance ministry

Business & Economy Published 01 Aug, 2024 03:52pm

Reforms must to make EFF last IMF programme

SBP directs manifestations of macroeconomic stability under the leadership of Shahbaz Sharif

Business & Economy Updated 29 Jul, 2024 05:37pm

Fitch upgrades Pakistan’s credit rating to CCC+ after IMF deal

Says upgrade reflects greater certainty over the continued availability of external funding

Pakistan Published 29 Jul, 2024 10:22am

Pakistan to re-profile $27 billion debt from friendly countries for IMF deal

Aurangzeb confirms that request has been made to extend maturity period

Business & Economy Published 28 Jul, 2024 05:47pm

Pakistan initiated talks on reprofiling Chinese power sector debt in Pakistan

Islamabad is looking to appoint local adviser in China for purpose

Business & Economy Published 26 Jul, 2024 03:03pm

FBR lowers FY25 tax collection target after IMF approval

FBR has set a tax collection target of Rs. 2.642 trillion

Business & Economy Published 19 Jul, 2024 06:54pm

Pakistan is looking for external financing avenues, says finance minister

Aurangzeb says meeting the external financing gap was ‘very manageable and very doable’

Business & Economy Updated 20 Jul, 2024 12:37am

PSX drops more than 1,700 points

The decline is considered to be caused by ongoing political situation

Business & Economy Published 18 Jul, 2024 12:27am

Technocrats will lead Pakistan if government changes: Fitch

Says new elections won’t be held in South Asian country

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 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

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 Published 13 Jul, 2024 03:08pm

FBR targets retailers and small shops with new monthly tax scheme

The expansion of the tax net is necessary to meet the conditions of the $7 billion loan