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Business & Economy Updated 07 Jun, 2023 12:36am

Ruling alliance opts for early closure of markets to save ‘foreign exchange’

Planning minister says even top world economies cannot afford keeping markets open till midnight

Business & Economy Updated 05 Jun, 2023 07:38pm

Pakistan ‘very hopeful’ of finalising IMF deal in June

Ruling alliance is all set to present budget this month

Pakistan Updated 03 Jun, 2023 12:27pm

With trillions of dollars in assets, Pakistan will not default: Dar

Says will make all the payments on time

Business & Economy Published 01 Jun, 2023 03:43pm

As dealers claim shortage what to expect next on the US dollar rate?

Government may end ongoing programme with the IMF

Business & Economy Published 01 Jun, 2023 02:45pm

Govt decides to abandon IMF program, negotiate new one later

The IMF has been tough in its negotiations over the last year

Business & Economy Published 30 May, 2023 08:42am

IMF hoping for board meeting on Pakistan before current program expires

This engagement will focus on the restoration of foreign exchange proper market functioning, says IMF mission chief

Business & Economy Updated 29 May, 2023 09:19am

Pakistan says to share budget details with IMF to unlock funds

Dar says he would like the IMF to clear its 9th review before the budget

Business & Economy Published 19 May, 2023 06:35pm

Pakistan economy to slow significantly with high inflation, central bank says

Pakistan's economy, facing worst-ever crisis, is further deterioration

Business & Economy Published 14 May, 2023 04:35pm

Pakistan’s external financing requirements for IMF deal unchanged: IMF

Pakistan has already quashed a controversial fuel subsidy scheme

Business & Economy Published 12 May, 2023 12:00pm

IMF staff, Senegal reach agreement on $1.9b funding package

The deal is subject to approval by the IMF executive board

Business & Economy Published 11 May, 2023 03:25pm

Pakistan ‘tells’ IMF it will scrap fuel subsidy plan

Government has assured IMF of not introducing new tax exemptions

Business & Economy Published 10 May, 2023 06:56pm

Pakistan’s deepening political crisis douses hopes for IMF relief

The country faces the risk of a default unless it receives massive support

Business & Economy Published 09 May, 2023 02:15pm

Pakistan set to repay or roll over $3.7b debt

Coalition government has averted the default, says ministry

Business & Economy Updated 09 May, 2023 08:35pm

Pakistan could default after June if IMF deal fails: Moody’s

Country’s foreign-exchange reserves remain extremely low

Business & Economy Updated 09 May, 2023 09:07am

Pakistan buys Russian oil but sees diversified future

Minister Musadik Malik will visit US for talks with corporations as well as with government

Business & Economy Published 05 May, 2023 12:48pm

IMF says it is working with Pakistan on bailout review

IMF supports the authorities in the implementation of policies, says mission chief

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