IMF
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Business
Government Delays Decision on Gas Tariff Hike for CPPs
The federal government has yet to make a final decision regarding the proposed increase in gas tariffs for Captive Power…
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Business
Government Announces Electricity Tariff Cuts Amid Talks with IMF
Federal Minister for Energy, Awais Leghari, announced significant progress in reducing electricity rates, with ongoing discussions with the International Monetary…
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Pakistan
Pakistan to Secure $20 Billion World Bank Loan
Pakistan is set to receive a $20 billion loan from the World Bank over the next decade, focusing on critical…
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Pakistan
Pakistan Meets IMF’s Tax Target Amid Economic Challenges
Prime Minister Shehbaz Sharif announced on Wednesday that Pakistan successfully met its December tax target set by the International Monetary…
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Business
Economic Indicators Improving, Corruption Must Be Curbed: Khawaja Asif
Defense Minister Khawaja Muhammad Asif stated that Pakistan would not need the International Monetary Fund (IMF) if half the country’s…
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Business
IMF Mission to Arrive in Pakistan Early to Review $7 Billion Bailout Package
The International Monetary Fund (IMF) will send a mission to Pakistan next week, four months ahead of the planned review.…
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Business
Pakistan Business Forum Calls for Immediate Economic Reform
Karachi: The Pakistan Business Forum (PBF) has urged the government to take swift and comprehensive measures for economic reform. The…
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Business
IMF Pushes Pakistan for More Revenue Measures
ISLAMABAD: Pakistan faces new financial challenges as the International Monetary Fund (IMF) has urged the government to adopt more stringent…
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Business
IMF Urges Pakistan to Boost Revenue Measures Amid Tax Shortfall
Islamabad: The International Monetary Fund (IMF) has called on Pakistan to introduce additional revenue-raising measures after the Federal Board of…
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Business
Pakistan’s Economic Plan with IMF Faces Challenges
Pakistan’s economic plan, agreed with the International Monetary Fund (IMF), is under strain. Shifting targets, like growth and inflation rates,…
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Business
Pakistani Delegation Briefs IMF on Fiscal and Energy Reforms
ISLAMABAD: A Pakistani delegation briefed the International Monetary Fund (IMF) on Tuesday about the steps taken to expand fiscal space…
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Business
IMF Warns of Dangers in Pakistan’s Sovereign-Bank Nexus
ISLAMABAD: The International Monetary Fund (IMF) has raised concerns over the deeply entrenched nexus between Pakistan’s government, the central bank,…
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Business
SBP Reserves Surge to $10.7 Billion After IMF Loan
The State Bank of Pakistan (SBP) witnessed a significant increase in its foreign exchange reserves this week. According to data…
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War on Gaza
Israel Bombardment Causes 86% Decline in Gaza GDP: IMF
A year Israel’s bombardment of Palestine has severely impacted the economy of Gaza, according to the International Monetary Fund (IMF).…
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Business
Pakistan Banks’ Association Commends Government’s Efforts After IMF Deal
KARACHI: The Pakistan Banks’ Association (PBA) has praised the Government of Pakistan and the Ministry of Finance. They secured a…
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Business
Three Provinces Sign National Fiscal Pact
The federal government, along with three provincial governments, has conditionally agreed on a new National Fiscal Pact (NFP). This pact…
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Business
Pakistan Receives First Loan Tranche of $1 Billion From IMF
The State Bank of Pakistan (SBP) has received the first loan tranche of around $1.027 billion from the International Monetary…
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Business
NEPRA Faces Challenges as Electricity Demand Crashes
ISLAMABAD: Electricity demand in Pakistan has officially crashed, signaling a significant challenge for the energy sector. This drop will likely…
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Business
IMF Approves $7 Billion Bailout for Pakistan with Tough Reforms
ISLAMABAD: The International Monetary Fund (IMF) approved a $7 billion bailout package for Pakistan on Wednesday. This came after Pakistan…
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Business
IMF to Review $7 Billion Bailout for Pakistan Today
The International Monetary Fund (IMF) Executive Board will meet today to review Pakistan’s request for a 37-month, $7 billion Extended…
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Business
Pakistani Rupee Strengthens Slightly Against US Dollar
KARACHI – The Pakistani rupee appreciated by 0.03% against the US dollar in the inter-bank market on Friday, closing at…
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Business
IMF to Approve Loan Program for Pakistan This Month
The International Monetary Fund (IMF) is expected to approve a new loan program for Pakistan during its Executive Board meeting…
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Pakistan
Imran Khan Defends Gandapur Amid Controversy of Negotiations
Imran Khan, the founding leader of Pakistan Tehreek-e-Insaf (PTI), has come out in defense of Ali Amin Gandapur, the Chief…
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