International Monetary Fund
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Business
PSX Surges on IMF Talks, Circular Debt Optimism
The Pakistan Stock Exchange (PSX) started the week on a strong note. Investor confidence soared due to progress in negotiations…
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Business
Pakistan, IMF Make Progress on $7 Billion Loan Agreement
Islamabad: Pakistan and the International Monetary Fund (IMF) have made significant progress toward a Staff-Level Agreement (SLA) on the first…
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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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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
Experts Suggest Alternative Path to Resolve Pakistan’s Debt Crisis
KARACHI: Pakistan’s crippling debt crisis has sparked intense debate among experts. While some advocate default and restructuring, others back the…
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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
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
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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Business
PM Shehbaz Sharif Vows to Implement IMF Conditions
Prime Minister Shehbaz Sharif announced that his government is committed to implementing the International Monetary Fund’s (IMF) conditions to complete…
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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 to receive loan from IMF to retire debts in FY22
Islamabad: In the coming fiscal year, the government intends to borrow roughly $16 billion in gross foreign loans to cover…
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Business
Asim Ahmed appointed as new FBR chairman
ISLAMABAD: Asim Ahmed, on Friday, has been appointed as Federal Board of Revenue (FBR) new chairman as a notification from…
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Uncategorized
Petrol Crisis 2020, Bilawal Demands PM to step down
KARACHI: On the fuel crisis 2020, Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari has demanded the resignation of the…
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Business
Pakistani Rupee maintains uptrend against US dollar
KARACHI: The Pakistani currency has continued its upward trajectory towards the US dollar, reaching a new all-time high of Rs154.58…
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Business
Pakistan receives another loan of $1.3b from World Bank
ISLAMABAD: Pakistan has received another loan from the world bank on Friday loan of worth $1.3 billion including $600 million…
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Business
Govt to maintain the control of SOEs
ISLAMABAD: Even if a new Act of Parliament is approved, the federal government will have a powerful presence in state-owned…
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