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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 07 May, 2024 11:42am

IMF asks Pakistan to impose Rs1.3tr of taxes in budget: report

Rs1.3tr additional taxes are equal to 1% of size of next year’s economy

Business & Economy Published 03 May, 2024 11:38am

IMF ‘proposes’ Pakistan to tax pensioners

IMF mission to visit Pakistan on May 15

Pakistan Published 03 May, 2024 10:45am

US supports Pakistan’s efforts to reach agreement with IMF

Administration encourages govt to expand economic reforms, says State Department spokesperson

Business & Economy Updated 30 Apr, 2024 06:28pm

Pakistan receives final $1.1 billion SBA tranche

International lender disbursed $1.1b, the last tranche of fun under SBA

Business & Economy Published 30 Apr, 2024 08:17am

IMF acknowledges progress as Pakistan completes SBA program, secures final tranche

Executive Board approves release of $1.1 billion

▶️ Pakistan Updated 29 Apr, 2024 08:55pm

Pakistan going for massive reforms, says PM Shehbaz

Claims massive reforms will also hit him

Pakistan Updated 28 Apr, 2024 08:33pm

In meeting with IMF MD, PM Shehbaz vows to put economy back on track

Very productive meeting with PM Shehbaz and his team, says IMF MD

▶️ Business & Economy Published 23 Apr, 2024 05:02pm

Pakistan eyes new IMF loan by early July, says finance minister

If secured, it will be 24th IMF bailout for Pakistan

Business & Economy Published 16 Apr, 2024 07:21pm

Pakistan, IMF discussing new multi-billion-dollar programme, says finance czar

Fund spokesperson says Fund staff stands ready to engage in initial discussions on a successor programme

Pakistan Published 11 Apr, 2024 11:55pm

IMF chief says very important issues to be solved in Pakistan ahead of new programme

Kristalina Georgieva cites Pakistan seeking potential follow-up loan program

▶️ Pakistan Updated 11 Apr, 2024 05:53pm

Pakistan’s economic outlook uncertain, says ADB

Real GDP is projected to grow by 1.9% in FY2024, says Manila-based lending agency

Business & Economy Published 01 Apr, 2024 05:28pm

Pakistan annual CPI gauge drops to 20.7% in March, data shows

Compared with the previous month, inflation for March registered a 1.7% rise

Business & Economy Published 01 Apr, 2024 01:01pm

IMF tells govt to end gas subsidy for poorest consumers

IMF wants relief through BISP instead

Business & Economy Updated 29 Mar, 2024 08:13pm

Inflation to hover at 22.5 to 23.5% in March, says government

Ministry’s report says March inflation outlook was moderate despite a hike in fuel prices, influence of Ramazan

Business & Economy Published 28 Mar, 2024 06:23pm

PSX benchmark share index hits record high, IMF cheer continues

'Foreign and local institutions buying amid positive news on privatisation and IMF,' says Topline Securities' Mohammed Sohail

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

Business & Economy Published 22 Mar, 2024 06:44pm

Pakistan to discuss Extended Fund Facility with IMF in April, says finance czar

Pakistan plans to sell as much as $300 million in panda bonds this year

Pakistan Updated 20 Mar, 2024 09:50pm

IMF says staff-level agreement reached with Pakistan to unlock $1.1 billion

Statement comes hours after talks were concluded,

Business & Economy Updated 18 Mar, 2024 10:39am

Major changes expected in real estate sector as Pakistan, IMF begin final talks

Pakistan assures IMF of expediting privatisation programme: sources

Business & Economy Updated 15 Mar, 2024 09:37pm

Pakistan rejects IMF’s proposal to revisit NFC award: sources

Sources within finance ministry says lender has made similar requests in past

Business & Economy Published 14 Mar, 2024 11:44pm

IMF calls upon Pakistan to revise NFC award: report

Mission raises issue of excessive spending by provincial governments

Pakistan Updated 05 Mar, 2024 12:02am

Institutions no longer needed should either be shut down or merged: PM Shehbaz

PM Shehbaz calls for devising plan to shift to smart meters in power, gas sectors

Pakistan Updated 02 Mar, 2024 09:48pm

Aamir Dogar denies PTI wrote any letter to IMF

There is only ‘clamour’ for letter, says Sunni Ittehad Council’s chief whip in National Assembly

Business & Economy Updated 01 Mar, 2024 04:55pm

Race for new finance minister heats up ahead of IMF negotiations

Former finance minister Dar in lead among three aspirants

Pakistan Updated 29 Feb, 2024 10:46am

US supports Pakistan’s efforts to break free from ‘vicious cycle of debt’

State Department spokesperson says country should prioritise economic stability

Pakistan Updated 28 Feb, 2024 08:45pm

PTI asks IMF to audit 30% seats from general election

IMF says it is yet to receive the letter

Pakistan Published 23 Feb, 2024 03:44pm

Imran Khan confirms writing letter to IMF

Former PM asks who will pay off loan if given under such circumstances

Pakistan Published 23 Feb, 2024 01:40pm

PTI to write letter to IMF today, says Gohar Khan

Says letter will be shared with reporters in the evening

Business & Economy Updated 23 Feb, 2024 06:54pm

PSX maintains bullish trend as KSE-100 adds 901 points

The benchmark index settled at 62,815.82