Aaj News

Business & Economy

IMF deal ‘in the offing’ as Pakistan fulfils all conditions

PM Shehbaz says law will take its course while commenting on May 9 events

Updated 12 Jun, 2023 12:44am

Business & Economy

New budget crucial to securing IMF board review

Talks on $1.1billion bailout package have been stalled for months

Published 08 Jun, 2023 12:09pm

Business & Economy

Pakistani budget caught between IMF expectations and election

IMF money is crucial to avoid crisis, but the government wants to win votes

Published 07 Jun, 2023 03:20pm

Business & Economy

Economic growth fell to 0.3%, official economic survey reveals

Inflation stood at 29% in the current fiscal year

Updated 07 Jun, 2023 02:25pm

Business & Economy

Pakistan ‘proposes’ inflation target of 21% in estimates for FY24 budget

Proposals ahead of budget presentation also include fiscal deficit target of 7.7% of GDP

Published 06 Jun, 2023 04:57pm

Business & Economy

Provincial development budgets exceeded allocation by over Rs400b

Govt had set Rs1692 billion for three provinces, but it went over Rs2,000 billion.

Updated 06 Jun, 2023 01:48pm

Business & Economy

Pakistan to begin barter trade with Afghanistan, Iran and Russia

Pakistan has been forced to limit LCs due to falling reserves

Updated 02 Jun, 2023 05:18pm

Business & Economy

Pakistan central bank’s forex reserves fall $102m to $4.09b

Total liquid foreign reserves held by the country stood at $9.513 billion

Published 02 Jun, 2023 01:25am

Business & Economy

Govt decides to abandon IMF program, negotiate new one later

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

Published 01 Jun, 2023 02:45pm

Business & Economy

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

Published 30 May, 2023 08:42am

Business & Economy

Pakistan’s unemployment rate lower than India and Turkey, shows data

Pakistan’s unemployment rate stands at 6.5%

Published 29 May, 2023 09:55am

Business & Economy

Gold prices fall internationally but increase in Pakistan

Gold became $5 per ounce cheaper in the international market

Published 22 May, 2023 06:24pm

Business & Economy

What India’s decision to scrap its 2000-rupee note means for its economy

The decision is reminiscent of a shock move in 2016 when the Narenda Modi

Updated 20 May, 2023 12:29pm

Pakistan

Prices of life-saving medicines to be increased by 14%

Prices could drop if value of rupee improves

Published 19 May, 2023 10:22pm

Business & Economy

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

Pakistan has already quashed a controversial fuel subsidy scheme

Published 14 May, 2023 04:35pm

Business & Economy

Pakistan ‘tells’ IMF it will scrap fuel subsidy plan

Government has assured IMF of not introducing new tax exemptions

Published 11 May, 2023 03:25pm

Business & Economy

Pakistan’s deepening political crisis douses hopes for IMF relief

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

Published 10 May, 2023 06:56pm

Business & Economy

Pakistan set to repay or roll over $3.7b debt

Coalition government has averted the default, says ministry

Published 09 May, 2023 02:15pm

Business & Economy

Saudi Arabia economy grew 3.9% in Q1 boosted by non-oil activities

Non-oil activities grew by 5.8% in the first quarter from a year prior

Published 07 May, 2023 12:16pm

Business & Economy

IMF says it is working with Pakistan on bailout review

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

Published 05 May, 2023 12:48pm

Business & Economy

IMF to discuss Pakistan’s budget plans in fresh hurdle to funding

IMF's Porter says current baseline is to proceed sequentially with reviews

Updated 04 May, 2023 04:56pm

Business & Economy

Food pushes Pakistan inflation to record 36.4% in April

Officials hope inflation will slow down after June

Published 02 May, 2023 06:43pm

World

Uzbek leader wins referendum on extending powers

The reform, passed with 90.21% of Sunday’s vote

Published 01 May, 2023 12:11pm

Business & Economy

Pakistan hikes drug prices by 20%, manufacturers want more

Inflation is already at a record 35% percent

Updated 28 Apr, 2023 05:47pm

Technology

TSMC expects drop in Q2 sales as it grapples to clear inventory

As the biggest maker of chips that power products as varied as phones

Published 20 Apr, 2023 12:56pm

Business & Economy

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

Updated 19 Apr, 2023 01:38am

Business & Economy

Govt provides $3 billion financing plan to IMF

Most of the funding plan consists of loans

Published 18 Apr, 2023 05:02pm

Business & Economy

China GDP jumps 4.5% in Q1 after zero-Covid scrapped

The figures were the first snapshot since 2019 of a Chinese economy

Published 18 Apr, 2023 02:22pm

World

UK unemployment rises as cost-of-living crisis bites

Pay continues to grow more slowly than prices

Published 18 Apr, 2023 01:05pm

Business & Economy

G7 needs to help emerging countries in reducing emissions, Japan’s Nishimura says

The premier was unharmed and police subdued a man at the scene

Published 15 Apr, 2023 01:54pm