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Business & Economy Published 17 Feb, 2023 12:11am

US concerned about debt Pakistan owes China, says official

Derek Chollet says US was working with Pakistan to navigate through current crisis

World Updated 16 Feb, 2023 05:31pm

Bankrupt Sri Lanka hikes power prices again for IMF deal

Sri Lanka faced daily blackouts of up to 13 hours last year

Business & Economy Updated 16 Feb, 2023 05:20pm

Gas is now 200% more expensive, thanks to the IMF

Local factories to be affected more than exporters: Zubair Motiwalla

Business & Economy Published 14 Feb, 2023 08:11pm

Fitch downgrades cash-strapped Pakistan’s sovereign rating

Cuts Pakistans sovereign credit rating by two notches from CCC+ to CCC-

Pakistan Published 14 Feb, 2023 02:38pm

What happened to your narratives? Maryam asks Imran

Adds that the PTI chief cannot be considered sadiq and ameen

Pakistan Published 14 Feb, 2023 08:47am

U.S. delegation to visit Pakistan as two sides seek to repair ties

Ties have been strained since former PM Khan accused Washington of helping oust him

Business & Economy Updated 13 Feb, 2023 05:28pm

Pakistan-IMF resume talks in virtual meeting today

Pakistan and the International Monetary Fund (IMF) will resume talks on the 9th review of the loan program in a...

Pakistan Updated 12 Feb, 2023 09:11pm

FIA given green signal to arrest Shaukat Tarin, says Sanaullah

Interior minister says former finance minister should get punishment for his actions

Business & Economy Published 10 Feb, 2023 08:05pm

Govt approves electricity surcharge to placate IMF

ECC defers electricity bills for Sept 2022 for commercial consumers in flood-hit areas till next billing cycle

Must Read Published 10 Feb, 2023 06:25pm

Factbox: Crisis-hit Pakistan’s macroeconomic indicators

Foreign exchange reserves have fallen to the lowest level in 10 years

Business & Economy Updated 10 Feb, 2023 06:16pm

Pakistan’s external position under significant stress: Moody’s

Pakistan's government liquidity and external vulnerability risks are elevated, says credit rating agency

Pakistan Updated 10 Feb, 2023 05:58pm

Dar announces plans for mini-budget with Rs170 billion in new taxes

Says IMF recommendations are in Pakistan's interest

Business & Economy Published 10 Feb, 2023 12:41am

Pakistan out of woods ‘for now’

Friendly countries expected to give $3 to $4 billion to country after IMF gree signal

Business & Economy Updated 10 Feb, 2023 10:19am

No agreement, and long list of demands as IMF team leaves

Some points will be decided by Washington, says finance secretary

Pakistan Updated 09 Feb, 2023 02:20pm

Dar says ‘good news’ likely today as Pakistan-IMF talks conclude

The government has agreed to most of the Fund's demands

Pakistan Published 07 Feb, 2023 08:45am

Pakistan and IMF ‘struggling’ to reach consensus over deal

The government is still hopeful of reaching a deal this week

▶️ Business & Economy Published 07 Feb, 2023 02:16am

IMF programme ‘a must’ for Pakistan to avoid default

Economic expert Mehtab Haider says country has three head where they have to cut expenditures

Business & Economy Published 06 Feb, 2023 12:31am

PM Shehbaz describes how IMF is giving ‘tough time’ to Pakistan

Says global lender is reviewing ‘every book, every subsidy’ during talks

Pakistan Published 04 Feb, 2023 04:23pm

PTI will fill jails at my call: Imran

Says govt has no roadmap to improve economy

Business & Economy Published 03 Feb, 2023 01:53pm

IMF giving Pakistan tough time in ‘unimaginable’ economic crisis: PM

Policy talks between IMF and Pakistan are set to begin from Friday

Pakistan Published 02 Feb, 2023 11:07am

IMF asks govt to end power subsidies: sources

The Fund's team is reportedly dissatisfied with how talks are progressing

▶️ Business & Economy Updated 27 Jan, 2023 03:47pm

PM Shehbaz hopes to sign agreement with IMF for $1b loan this month

Pakistan secured a $6 billion IMF bailout in 2019

Business & Economy Published 26 Jan, 2023 09:17pm

IMF’s mission to visit Pakistan this month to discuss stalled funding programme

Global lender says an in-person Fund mission is scheduled to visit on January 31st

Business & Economy Published 15 Jan, 2023 10:12am

Pakistan’s economy grinding to a halt as dollars dry up

Pakistan's reserves are enough to pay for around a month of imports

World Published 13 Jan, 2023 03:24pm

Sri Lanka to slash military by a third to cut costs

Aim of the move is to create a 'technically and tactically sound and well-balanced' defence force by 2030, says minister

Pakistan Published 09 Jan, 2023 08:40pm

Pakistan asks IMF for restructuring ‘pause’

PM Shehbaz says he is trying to persuade the global lender to give Islamabad some breathing space

Business & Economy Published 09 Jan, 2023 07:10pm

Pakistan likely to dodge default in next 6 months, but troubles not over: Bloomberg

Report says investors worried about big dollar debt repayment in April 2024

Pakistan Updated 08 Jan, 2023 02:11pm

Pakistan seeks help with $16b flood rebuilding at UN conference

UN chief, France's Macron set to participate; Pakistan's finances seen as increasingly fragile

Business & Economy Published 08 Jan, 2023 12:24pm

Ishaq Dar to meet IMF in Geneva, in bid to resume bailout

Dar has been critical of the IMF lately, even saying that the lender was acting "abnormally"

Pakistan Published 07 Jan, 2023 09:16pm

Pakistan to complete terms of IMF’s programme: PM

IMF MD to attend Geneva donor conference virtually