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Pakistan Published 13 Mar, 2023 06:16pm

Govt decides to ask for US help to speed IMF program along

Soureces say govt is 'deeply unhappy' over the Fund's attitude

Business & Economy Updated 09 Mar, 2023 01:13pm

Pakistan expected to sign IMF deal in ‘next few days’

Finance Minister Ishaq Dar says his team is 'absolutely committed' to completing programme

Business & Economy Updated 04 Mar, 2023 03:06pm

China approves $1.3b loan rollover for Pakistan: Dar

Facility will be disbursed in three installments

Business & Economy Updated 03 Mar, 2023 05:22pm

You’re responsible for the state of economy, Dar tells Imran

Rumours had begun that Ishaq Dar could resign, but the press conference went in a different direction

Business & Economy Updated 03 Mar, 2023 11:17am

Pakistan trying to appease IMF to secure delayed funding

Government hints at summoning monetary policy meeting in a month, say sources

Business & Economy Updated 01 Mar, 2023 12:02am

Pakistan cuts price of petrol by Rs5

High speed diesel prices remain unchanged, Kerosene oil and LDO prices decreased

Business & Economy Updated 25 Feb, 2023 07:17pm

Finance Ministry rebuts news about blocking salaries and pensions

A report had claimed that payments would be stopped due to financial difficulties

Pakistan Updated 25 Feb, 2023 02:03pm

Pakistan to grudgingly accept strict conditions of IMF deal: PM

The IMF is reportedly in contact with countries Pakistan expects to receive aid from

Business & Economy Updated 20 Feb, 2023 11:13pm

Pakistan hikes tax on luxury goods and services to get IMF deal

National Assembly passes mini-budget

Business & Economy Updated 15 Feb, 2023 05:43pm

New taxes on shares, weddings as GST rate goes up

Mini-budget laid before NA; beverages, cigarettes to be heavily taxed

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

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

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

Pakistan Published 04 Feb, 2023 10:33am

You would prefer seeing the country go down, Dar tells Imran

Calls PTI chairman a 'selfish, narcissist, megalomaniac'

Business & Economy Published 02 Feb, 2023 04:18pm

Dar calls for eliminating interest-based system from Pakistan

Adds that SBP and NBP will withdraw their petitions against riba-free banking

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 29 Jan, 2023 05:46pm

Govt increases petrol price by Rs35 immediately

The price increase comes after reports of petrol shortage in the country

Pakistan Updated 27 Jan, 2023 02:28pm

Dollar’s assault on rupee continues for second day, rises to Rs262

Despite an increase of over Rs30 in two days, the gap between official and market rate persists

Business & Economy Updated 15 Jan, 2023 05:13pm

Petrol prices to remain unchanged till Jan 31: Dar

Petrol to cost Rs214.80, diesel Rs227.80, kerosene oil Rs171.83 and light diesel oil Rs169 per litre

Pakistan Published 11 Jan, 2023 08:08pm

Where will all the flood aid money go?

While the government's plan is ambitious and comprehensive, it carries few specific details

World Updated 10 Jan, 2023 10:34am

Pakistan secures over $10b in pledges at Climate Resilience Conference

Donor pledges exceed Pakistan's objectives; Floods killed over 1,700 people, displaced millions

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"

Business & Economy Published 05 Jan, 2023 07:22pm

Ishaq Dar gives earful to federal govt officers seeking allowance increase

Finance minister's order reduced officers' executive allowance to 100% of basic pay instead of 150%

Business & Economy Updated 04 Jan, 2023 07:08pm

Ishaq Dar rejects PTI’s ‘white paper’, says it is devoid of economic context

Finance minister says that PTI had not allocated funds for security operations

▶️ Pakistan Published 31 Dec, 2022 05:41pm

Petroleum product prices to remain unchanged for next fortnight

Ishaq Dar says govt turned down OGRA summary seeking increase

Business & Economy Published 29 Dec, 2022 11:48pm

Ishaq Dar directs for finalizing report to settle gas circular debt issue in three days

Fnance minister emphasizes govt's priority to address the issue of the energy sector

Business & Economy Published 28 Dec, 2022 08:23pm

KSE-100 hits lowest level since July 2020 as crises compound

Selling pressure witnessed due to delay in resumption of IMF programme