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Pakistan Published 20 Aug, 2024 09:41am

IMF’s $7b bailout faces uncertainty as executive board schedule excludes Pakistan

Finance minister had hinted at possibility of board meeting at August end

Business & Economy Updated 19 Aug, 2024 07:11pm

Pakistan’s case not on IMF agenda

International lender releases executive board meeting calendar

Business & Economy Published 17 Aug, 2024 10:47am

Power Division willing to share IPP agreements with NA standing committee on power

The electricity prices were increased due to the pressure of IMF: Secretary Power

Pakistan Published 14 Aug, 2024 12:47pm

Govt okays Rs515bn development projects

The $900 million loan from ADB is intended to trigger climate change-related reforms

Business & Economy Updated 06 Aug, 2024 09:54pm

Pakistan secures one-year debt rollover assurances from key lenders: report

Nation has $12 billion in bilateral debt payments this year

Pakistan Published 04 Aug, 2024 11:55pm

PM Shehbaz says officially requested China to reschedule debt for five years

Claims multiple Chinese companies will invest in Pakistan in coming period

Business & Economy Published 01 Aug, 2024 04:56pm

Five Chinese firms bid to help with Pakistan’s Panda Bond issuance

Two Pakistani firms had also applied, says finance ministry

Business & Economy Published 01 Aug, 2024 03:52pm

Reforms must to make EFF last IMF programme

SBP directs manifestations of macroeconomic stability under the leadership of Shahbaz Sharif

Business & Economy Updated 29 Jul, 2024 05:37pm

Fitch upgrades Pakistan’s credit rating to CCC+ after IMF deal

Says upgrade reflects greater certainty over the continued availability of external funding

Pakistan Published 29 Jul, 2024 10:22am

Pakistan to re-profile $27 billion debt from friendly countries for IMF deal

Aurangzeb confirms that request has been made to extend maturity period

Business & Economy Published 28 Jul, 2024 05:47pm

Pakistan initiated talks on reprofiling Chinese power sector debt in Pakistan

Islamabad is looking to appoint local adviser in China for purpose

Business & Economy Published 26 Jul, 2024 03:03pm

FBR lowers FY25 tax collection target after IMF approval

FBR has set a tax collection target of Rs. 2.642 trillion

Business & Economy Published 19 Jul, 2024 06:54pm

Pakistan is looking for external financing avenues, says finance minister

Aurangzeb says meeting the external financing gap was ‘very manageable and very doable’

Business & Economy Updated 20 Jul, 2024 12:37am

PSX drops more than 1,700 points

The decline is considered to be caused by ongoing political situation

Business & Economy Published 18 Jul, 2024 12:27am

Technocrats will lead Pakistan if government changes: Fitch

Says new elections won’t be held in South Asian country

Business & Economy Updated 17 Jul, 2024 05:06pm

IMF keeps Pakistan’s economic growth projection unchanged at 3.5%

Fund stresses need for careful policy management

Business & Economy Published 16 Jul, 2024 01:42pm

Lack of strong mandate could be hurdle to reform program, Moody’s says

However, the agency acknowledged potential challenges to reform implementation

Business & Economy Updated 15 Jul, 2024 05:15pm

Pakistan shares hit fresh record after new IMF deal

The deal caps negotiations that started in May

Business & Economy Published 15 Jul, 2024 11:04am

IMF deal: Finance Ministry tightens grip on development funds despite planning ministry objections

The PTI govt had streamlined budget release process to enable faster disbursements

Pakistan Updated 13 Jul, 2024 06:24pm

Will quit, but won’t come under pressure: PM Shehbaz

Orders FBR to tax those who have not been paying any taxes

Business & Economy Published 13 Jul, 2024 03:08pm

FBR targets retailers and small shops with new monthly tax scheme

The expansion of the tax net is necessary to meet the conditions of the $7 billion loan

Business & Economy Updated 13 Jul, 2024 05:32pm

IMF reaches $7 billion staff-level loan agreement with Pakistan

The agreement is subject to approval by the Executive Board of the Fund

Business & Economy Updated 11 Jul, 2024 11:39am

IMF suggests Pakistan to impose 45% tax on agriculture income: report

Agriculture sector contributes meagre 0.1% to total tax collection

Pakistan Updated 09 Jul, 2024 06:00pm

Govt to give relief to people using less than 200 units for 3 months: PM Shehbaz

Will allocate Rs50 billion to offset tariff reduction

Pakistan Published 08 Jul, 2024 06:34pm

President Zardari summons National Assembly session on July 9

Pakistan expected to sign staff-level agreement with IMF for loan this month

Pakistan Updated 08 Jul, 2024 05:12pm

Pakistan’s reliance on IMF to continue unless it boosts tax collection, warns Aurangzeb

The budget aims to raise Rs13 trillion ($46.6 billion) in tax revenues

▶️ Pakistan Updated 08 Jul, 2024 12:02am

Achakzai believes Imran Khan’s release will help lower ‘political temperature’

PkMAP chief calls for convening all-parties conference; says establishment must be told ‘enough is enough’

Business & Economy Updated 03 Jul, 2024 08:26pm

Pakistan has met all requirements for IMF bailout deal, minister says

While the budget may win approval from the IMF, it could fuel public anger

Business & Economy Published 03 Jul, 2024 01:25pm

Pakistan has met all requirements for IMF bailout deal, finance official says

Pakistan has set challenging revenue targets in its annual budget

▶️ Pakistan Updated 02 Jul, 2024 12:23am

Aurangzeb promises relief for salaried class, says rupee to remain stable

Says Pakistan hopes to get staff-level agreement this month