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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 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

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 Published 28 Sep, 2024 01:31pm

IMF urges Pakistan to sustain reform implementation, broadens tax base

IMF highlighted the necessity of continuous program execution

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 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

Business & Economy Published 28 Aug, 2024 03:39pm

Moody’s upgrades Pakistan’s credit ratings from Caa3 to Caa2

Highlights increased clarity regarding Pakistan’s external financing sources

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

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

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

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 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