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Business & Economy Published 20 Jun, 2022 07:25pm

IMF deal expected in a day or two, claims Miftah Ismail

Says the government plans to tax the rich people while exempting those who are poor

World Published 20 Jun, 2022 12:46pm

Bankrupt Sri Lanka opens IMF talks, begins shutdown

22 million people are in the grip of worst economic crisis after running out of dollars

World Published 20 Jun, 2022 11:57am

IMF delegation visits crisis-hit Sri Lanka with time running out

Time is short for Sri Lanka, just days away from running out of fuel

Business & Economy Published 18 Jun, 2022 10:09am

After petrol, say goodbye to govt subsidy on electricity

Notification issued on Friday

▶️ Pakistan Updated 17 Jun, 2022 05:33pm

Uncertainty over IMF package continues to devalue rupee against dollar

Analyst says demand for dollar remains high in the market

Pakistan Published 16 Jun, 2022 05:14pm

Maryam reads from IMF contract Imran Khan signed

Says government did not increase petroleum prices on its own

Business & Economy Published 12 Jun, 2022 01:50pm

Miftah to seek deferred payments for Qatari LNG

Pakistan's FX reserves dwindle as global fuel prices spike

Business & Economy Published 09 Jun, 2022 10:54am

Miftah expects staff-level accord with IMF by next week

The federal minister hopes the pact will materialize after govt presents budget tomorrow

Business & Economy Updated 07 Jun, 2022 09:31am

Twin petrol price hikes brings Pakistan ‘out of financial crisis’

Finance czar Mifah Ismail says Pakistan will not have any financial emergency

Business & Economy Updated 06 Jun, 2022 02:26pm

Pakistani rupee crosses 200 against dollar in intra-day trade

Last week, the rupee registered a 0.5% gain as govt’s ended energy subsidies

Pakistan Published 04 Jun, 2022 06:36pm

America, India and Israel hatched conspiracy against me, says Khan

Criticises govt for petrol price hike, says he resisted IMF pressure

Business & Economy Published 03 Jun, 2022 12:32pm

KSE-100 Index plunges over 750 points in intra-day trading

Moody’s Investors Service downgrades Pakistan’s outlook to negative from stable

Business & Economy Updated 03 Jun, 2022 12:11pm

Govt jacks up petrol price by another Rs30 per litre

Miftah Ismail says government still bearing losses despite massive increase in prices

World Published 01 Jun, 2022 07:45pm

Crisis-hit Sri Lanka seeking $3bn under IMF Extended Fund Facility

A $3 billion deal would represent almost four times the country’s quota with the IMF

Business & Economy Published 01 Jun, 2022 02:32pm

Pakistan’s inflation reaches 13.8% in May

CPI inflation in urban areas increases 12.4% on a year-on-year basis

Pakistan Updated 01 Jun, 2022 02:35am

Pakistan may consider buying Russian oil if no threat of sanctions: Miftah Ismail

The minister says Pakistan has asked Ukraine and Russia to sell it wheat at cheaper rates

Pakistan Published 28 May, 2022 06:38pm

Train fares may increase by 20 per cent

Pakistan Railways say latest hike in fuel prices may lead to spike

Pakistan Published 28 May, 2022 12:23pm

Increased petrol price with a ‘heavy heart’: PM Shehbaz

Says Rs28b per month has been allocated to provide relief to the low-income households

Business & Economy Published 27 May, 2022 10:48am

PSX jumps over 850 points in intra-day trading as govt jacks up petrol price

Analysts say hike in prices of petroleum products could help revive IMF programme

Business & Economy Published 26 May, 2022 04:38pm

Rupee sees another low day against US dollar, closes at Rs202.01 in inter-bank

Talks between Pakistan and IMF in Doha remained inconclusive

Business & Economy Updated 26 May, 2022 12:20pm

IMF to Pakistan: No more money until you end petrol, energy subsidy

Fuel and power subsidies remain an issue as Washington-based lender points out deviations from agreed policies

Business & Economy Published 25 May, 2022 04:03pm

Sri Lankan shares end lower as industrials weigh

The crisis-hit nation scrambling to put an economic policy framework

Business & Economy Published 25 May, 2022 03:46pm

Woes continue: Rupee hits 202 against dollar in intra-day trading

Rising political noise, delay in resumption of IMF programme continue to dent sentiment in inter-bank market.

Pakistan Updated 23 May, 2022 08:47pm

Nawaz, Maryam continue to make case for early election

PML-N leader says unwise to take on the burden of the previous govt; Maryam says fresh mandate the way to go

Business & Economy Published 23 May, 2022 03:08pm

KSE-100 sheds over 700 points in intra-day trading

Market expects SBP Monetary Policy Committee to jack up interest rate by 100 bps