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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

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