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Business & Economy Published 01 Aug, 2024 03:52pm

Reforms must to make EFF last IMF programme

SBP directs manifestations of macroeconomic stability under the leadership of Shahbaz Sharif

Business & Economy Updated 29 Jul, 2024 05:37pm

Fitch upgrades Pakistan’s credit rating to CCC+ after IMF deal

Says upgrade reflects greater certainty over the continued availability of external funding

Business & Economy Published 28 Jul, 2024 05:47pm

Pakistan initiated talks on reprofiling Chinese power sector debt in Pakistan

Islamabad is looking to appoint local adviser in China for purpose

Business & Economy Published 19 Jul, 2024 06:54pm

Pakistan is looking for external financing avenues, says finance minister

Aurangzeb says meeting the external financing gap was ‘very manageable and very doable’

Business & Economy Published 16 Jul, 2024 09:33pm

IMF sees steady global growth, warns of slowing disinflation momentum

IMF kept its 2024 global real gross domestic product growth forecast unchanged from April at 3.2%

Business & Economy Updated 15 Jul, 2024 05:15pm

Pakistan shares hit fresh record after new IMF deal

The deal caps negotiations that started in May

Business & Economy Published 15 Jul, 2024 11:04am

IMF deal: Finance Ministry tightens grip on development funds despite planning ministry objections

The PTI govt had streamlined budget release process to enable faster disbursements

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

Pakistan Published 08 Jul, 2024 06:34pm

President Zardari summons National Assembly session on July 9

Pakistan expected to sign staff-level agreement with IMF for loan this month

Business & Economy Published 03 Jul, 2024 02:49pm

Electricity tariff increase of over Rs5 finalized to secure IMF loan

Progress on the new loan program expected by the third week of July

Business & Economy Updated 30 Jun, 2024 08:17pm

Federal government aims to end non-filer category, says Aurangzeb

Cites improvement in inflation, tax collection figures

Published 29 Jun, 2024 10:21am

Pakistan passes tax-laden budget ahead of fresh IMF loan

Muhammad Aurangzeb moved the finance bill in parliament

Pakistan Published 25 Jun, 2024 07:58pm

PM Shehbaz admits government made budget with IMF

Hopes for ‘good news’ from Fund

Business & Economy Published 22 Jun, 2024 02:06pm

IMF praises govt for measures taken for economic progress

IMF delegation expected to arrive in Pakistan on June 28: sources

Pakistan Published 20 Jun, 2024 11:55pm

PM Shehbaz convinces PPP to ‘not interfere’ with IMF conditions

Inside story of meeting between PM, and Bilawal come to light

World Published 13 Jun, 2024 12:57pm

IMF approves second review of Sri Lanka’s $2.9bn bailout, warns of economic risks

Cash-strapped Sri Lanka plunged into its worst financial crisis

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

Business & Economy Published 31 May, 2024 03:50pm

Budget to be presented on June 10, say sources

Budget was originally due to be presented on June 7 but was delayed because of PM Shehbaz’s visit to Beijing from June 4-8

Pakistan Updated 27 May, 2024 04:35pm

In meeting with Aurangzeb, US envoy highlights support for economic reform agenda

United States is committed to working with Pakistan, says Donald Blome

Pakistan Published 26 May, 2024 01:07pm

Pakistan to end gas subsidies for fertiliser industry

Cabinet says any required subsidies should be provided directly to farmers

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 21 May, 2024 10:43am

IMF forecasts Pakistan’s defence budget at Rs2.152tr

Pakistan’s defence allocation is projected to be 1.72% of its gross domestic product

Business & Economy Published 17 May, 2024 03:23pm

IMF demands Pakistan cut down expenses

Interest payments on public debt surpass federal government’s net revenues

Business & Economy Published 17 May, 2024 11:06am

Govt likely to increase tax on immovable properties’ purchase

Taxation of real estate came under discussion during FBR, IMF talks

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 10 May, 2024 10:28pm

Pakistan’s outlook remains challenging, says IMF report

Says downside risks remaining exceptionally high

Business & Economy Published 10 May, 2024 10:03am

IMF tranche boosts Pakistan’s reserves to 22-month high

The reserves now stand close to $9.33 billion

Pakistan Updated 07 May, 2024 03:45pm

Pakistan mulls raising retirement age to control pension expenses

Law, information ministers say decision will be applicable be across the board

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