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Business & Economy Updated 04 May, 2023 04:56pm

IMF to discuss Pakistan’s budget plans in fresh hurdle to funding

IMF's Porter says current baseline is to proceed sequentially with reviews

Business & Economy Published 02 May, 2023 06:43pm

Food pushes Pakistan inflation to record 36.4% in April

Officials hope inflation will slow down after June

World Published 26 Apr, 2023 12:35pm

Sri Lanka trying to reduce overall debt by $17b, president says

Caught in its worst financial crisis since independence from Britain in 1948

Business & Economy Published 25 Apr, 2023 12:40pm

IMF approves immediate disbursement of about $153mn to Tanzania

The decision brings total disbursements under the $1.04b

Business & Economy Published 24 Apr, 2023 11:44am

Pakistan has fulfilled all IMF conditions: Ishaq Dar

Both parties were engaged in tough talks for the last few months to reach a consensus

▶️ Business & Economy Updated 19 Apr, 2023 01:38am

Former finance czar backs elections in June-July to have next IMF programme

Pakistan needs around $30 billion on an annual basis for three years, says Hafeez Pasha

Business & Economy Updated 22 Apr, 2023 01:56am

IMF seeks more funding assurances before pact on Pakistan aid

The sideline meetings in Washington could not reach a final conclusion

World Published 14 Apr, 2023 11:25am

Brazil’s Lula to meet Xi in Beijing after lashing out at US dollar, IMF

Lula also had strong words for the International Monetary Fund

Business & Economy Updated 14 Apr, 2023 08:41pm

UAE, China promise Pakistan $1.3b to get IMF deal on track

Major conditions met for a staff-level pact, Pakistan euro bond in slump climbs

Business & Economy Published 14 Apr, 2023 09:49am

Pakistan hopes to seal key IMF bailout agreement soon

We can complete our current programme successfully, says Georgieva

Business & Economy Published 14 Apr, 2023 07:12am

IMF’s Georgieva sees risk of supply chain security leading to new Cold War

'If we fail to be more rational, then people everywhere would be worse off'

Business & Economy Updated 16 Apr, 2023 01:40pm

4 things to know about the next 3 years in Pakistan

Pakistan’s growth is 0.5% so what does this mean for us this year?

Business & Economy Updated 11 Apr, 2023 03:39pm

IMF forecast low interest rates across the world

The development will ease pressure on governments

Business & Economy Published 10 Apr, 2023 10:57am

World Bank, IMF spring meetings to get underway in complex economic environment

The fund now expects global growth to fall below three percent this year

▶️ Business & Economy Published 08 Apr, 2023 08:26pm

Finance Minister Ishaq Dar cancels US trip due to political crisis

He will attend important bilateral, multilateral meetings virtually

Business & Economy Published 07 Apr, 2023 02:49pm

Dar cancels US trip for IMF talks

IMF bailout has still not been finalised

Business & Economy Updated 06 Apr, 2023 08:45pm

Saudi Arabia ‘commits’ financial support to help Pakistan secure IMF deal

Saudi Arabia's $2b pledged in external financing support to Pakistan is one of final conditions for IMF deal

Blog Published 06 Apr, 2023 04:40pm

Let us forget about Pakistan’s economy today until tomorrow

An unfettered rant from someone who has been looking at the economy too long

Business & Economy Published 05 Apr, 2023 07:13pm

Saudi Arabia okays $2 bn funding to Pakistan: sources

IMF had asked for assurances of funding from friendly countries

Business & Economy Published 04 Apr, 2023 06:08pm

World Bank cuts Pakistan’s GDP f’cast on rising rates, limited fiscal space

Pakistan is facing historically high inflation

Business & Economy Published 01 Apr, 2023 12:07pm

Govt increases petroleum levy on diesel

IMF wants PDL to be jacked up by Rs50 per litre on petroleum products

Business & Economy Published 31 Mar, 2023 08:08pm

China rolls over $2b loan to Pakistan as it struggles with external liquidity

Formal confirmation of refinancing would be made after process was completed, says official

Business & Economy Updated 30 Mar, 2023 04:10pm

Pakistan awaits China’s decision on rollover of $2b loan: govt source

The only help so far has come from longtime ally Beijing

Business & Economy Published 28 Mar, 2023 10:39pm

IMF wants external financing commitments met before it releases funds: PM Shehbaz

Financial assurances were standard in IMF programmes

▶️ Pakistan Published 26 Mar, 2023 11:24pm

Even friendly countries’ patience is running thin, says Zubair

Former Sindh governor cites seeking IMF loan for the 23rd is a ‘world record’ for Pakistan

Pakistan Updated 24 Mar, 2023 07:14pm

IMF says assurances from ‘external partners’ key for bailout

Fund distances itself from election funding issues, fuel relief package

Pakistan Published 23 Mar, 2023 10:30pm

One person dies in stampede for free flour in Charsadda

Interim government takes notice and seeks report

Business & Economy Published 22 Mar, 2023 05:13pm

Pakistan to hike interest rate once again to please IMF

Pakistan has already increased the rate by 2%

World Published 22 Mar, 2023 01:26pm

Sri Lanka to start next round of talks with creditors in April

The IMF has released the first tranche of about $330 million

Business & Economy Updated 21 Mar, 2023 12:28pm

Sri Lanka to receive first tranche from IMF in next two days

Peter Breuer says debt sustainability was one of key criteria for IMF to approve a bailout for any economy