IMF
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Business
Pakistan Absent from IMF Agenda, Govt Still Optimistic
The International Monetary Fund (IMF) has released its Executive Board meeting schedule up to September 4, 2024, with Pakistan, despite…
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Business
Pakistan’s Inflation Rate Continues to Soar Above 20%
In March, Pakistan experienced a staggering increase in monthly inflation that exceeded expectations, reaching a near-record high of 35.4% compared…
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Business
Prices Of Petrol Increase Before Ramadan
ISLAMABAD: The government of Pakistan has increased the price of petrol just days before Ramadan, raising it to Rs272 per…
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Business
World Bank Economist Suggests Ways to Fix Pakistan’s Economy
Islamabad: The World Bank has urged Pakistan to end the annual subsidies of Rs340 billion that benefit the wealthy, as…
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Breaking
IMF deal uncertainty causes rupee to decline
IMF’s new demands weigh on Pakistani rupee. The Pakistani rupee faced a significant drop during Wednesday’s trade as the market…
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Breaking
Pakistan’s Weekly Inflation Jumps to 41.54% in Five Months
Pakistan’s weekly inflation, measured by the Sensitive Price Indicator (SPI), has jumped to 41.54% on a year-on-year basis for the…
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Business
Rupee’s Winning Streak of Five Days Comes To An End
The Pakistani rupee had been going up for five days in a row, but on Tuesday, it lost 0.24% on…
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Breaking
China Approves $700M Facility for Pakistan to Boost Forex Reserves
Pakistan received a significant boost to its foreign exchange reserves after the China Development Bank approved a $700 million loan…
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Breaking
Pakistan in Talks with IMF to Boost Reserves and Tighten Monetary Policy
State Bank of Pakistan (SBP) and the International Monetary Fund (IMF) held a round of talks to discuss the possibility…
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Breaking
IMF demands hike in GST, cigarette duty hiked by 1%
Government of Pakistan Introduces New Tax Measures to Appease IMF. In an effort to revive its bailout program, the Shehbaz…
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