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Pakistan Updated 30 Jun, 2023 05:33pm

Shehbaz says China saved Pakistan from default, reliance on loans must end

Adds that China saved Pakistan from imminent default

Business & Economy Updated 30 Jun, 2023 06:14pm

IMF lists steps Pakistan must take to secure disbursements

Mission Chief Nathan Porter also underscores the measures already implemented by the country

Business & Economy Updated 30 Jun, 2023 09:00am

Pakistan-IMF reach $3 billion staff-level agreement, says Fund

Earlier, Ishaq Dar told Reuters the deal was going to be signed in 24 hours

Business & Economy Updated 27 Jun, 2023 11:37pm

IMF aims to ‘quickly’ reach agreement with Pakistan on programme revival

Acknowledges Pakistan’s measures for programme revival

Business & Economy Updated 27 Jun, 2023 08:46pm

Pakistan hopes for IMF bailout decision in a day or two

Finance Minister Ishaq Dar reiterates expectations that review 'will be done'

Business & Economy Published 27 Jun, 2023 01:05am

Pakistan expects to clinch IMF deal with last minute changes

Cash-strapped country imposes new taxes, increases policy rate to 22%

Business & Economy Updated 26 Jun, 2023 06:30pm

SBP raises key policy rate to 22%

Central bank notes potential upside risks to the inflation outlook have increased from the last meeting

Business & Economy Published 25 Jun, 2023 05:38pm

Parliament approves revised budget to clinch IMF deal

Govt increases tax collection targets by Rs215b to accommodate IMF demands

▶️ Business & Economy Updated 25 Jun, 2023 01:34pm

NA passes budget with Rs215b additional taxes to give IMF final nudge

Ishaq Dar announces measure to accommodate IMF demands

Business & Economy Updated 24 Jun, 2023 03:30pm

Reports say announcement of Pakistan-IMF deal imminent

Ishaq Dar holds talks with IMF team in Paris

Pakistan Updated 22 Jun, 2023 08:27pm

Finance Minister Ishaq Dar loses temper, hits journalist over IMF question

He also ordered guards to take away the journalist's phone

Business & Economy Published 19 Jun, 2023 06:02pm

PSX plunges below 41,000 level as investors opt for selling

Rupee declines seven paisas against dollar in interbank

Business & Economy Updated 17 Jun, 2023 10:45pm

All payments will be made on time, clarifies Finance Minister Ishaq Dar

Says that Shell is not shutting its business in Pakistan

Business & Economy Updated 15 Jun, 2023 09:20pm

IMF wants Pakistan to become Sri Lanka, claims Finance Minister Ishaq Dar

Says country cannot accept every demand of international lender

Business & Economy Updated 14 Jun, 2023 02:14pm

Pakistan not on IMF executive board meeting: sources

Names of Iceland and other countries were included for approval

Business & Economy Updated 12 Jun, 2023 12:44am

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

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

Business & Economy Published 06 Jun, 2023 04:57pm

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

Business & Economy Updated 05 Jun, 2023 07:38pm

Pakistan ‘very hopeful’ of finalising IMF deal in June

Ruling alliance is all set to present budget this month

Business & Economy Published 30 May, 2023 08:42am

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

Business & Economy Updated 29 May, 2023 09:19am

Pakistan says to share budget details with IMF to unlock funds

Dar says he would like the IMF to clear its 9th review before the budget

Business & Economy Published 09 May, 2023 02:15pm

Pakistan set to repay or roll over $3.7b debt

Coalition government has averted the default, says ministry

Business & Economy Updated 09 May, 2023 08:35pm

Pakistan could default after June if IMF deal fails: Moody’s

Country’s foreign-exchange reserves remain extremely low

Business & Economy Published 05 May, 2023 12:48pm

IMF says it is working with Pakistan on bailout review

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

Business & Economy Updated 04 May, 2023 04:56pm

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

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

Business & Economy Published 24 Apr, 2023 11:44am

Pakistan has fulfilled all IMF conditions: Ishaq Dar

Both parties were engaged in tough talks for the last few months to reach a consensus

▶️ Business & Economy Updated 19 Apr, 2023 01:38am

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

Business & Economy Published 18 Apr, 2023 05:02pm

Govt provides $3 billion financing plan to IMF

Most of the funding plan consists of loans

Business & Economy Updated 22 Apr, 2023 01:56am

IMF seeks more funding assurances before pact on Pakistan aid

The sideline meetings in Washington could not reach a final conclusion