Aaj News

Pakistan, IMF begin policy-level negotiations for next $1 billion tranche

Discussions would focus on the budget for the upcoming fiscal year

Published 10 Mar, 2025 08:55am

IMF dismisses proposal to end GST on electricity bills

Govt is planning to collect Rs250 billion in taxes from various sectors

Published 07 Mar, 2025 04:18pm

Government plans to cut net metering electricity purchase rate

IMF dismisses proposal to reduce GST included in electricity bills to lower prices

Published 07 Mar, 2025 02:37pm

IMF demands recovery of funds stuck in audit proceedings, seeks recovery mechanism

Pakistan asked to explain lack of follow-up on audit objections

Updated 05 Mar, 2025 04:29pm

Pakistan-IMF talks enter crucial phase, details sought on losses in SOEs

Negotiations between the IMF mission and the government to continue until March 15

Updated 04 Mar, 2025 08:03pm

IMF mission arrives in Pakistan for biannual review of $7b bailout deal

If the Fund’s approval is secured, there ‘may be relief’ for salaried class, sources said.

Updated 03 Mar, 2025 01:03pm

PTI Senator Zafar believes judicial appointments will affect IMF talks

Says public perception is that government made such transfers to appoint desired judges

Updated 11 Feb, 2025 12:20am

Sindh prepares draft of Sindh agricultural income tax law

Agricultural income tax law expected to be approved in Sindh Assembly session on Monday

Updated 03 Feb, 2025 12:06am

FBR presents comprehensive plan to IMF to tackle revenue shortfalls: sources

FBR targeting a tax collection of approximately Rs960 billion

Updated 21 Jan, 2025 01:20pm

IMF sets strict conditions for approval of second EFF installment

The Ministry of Finance confirmed that adherence to 22 specific points

Published 03 Dec, 2024 11:47am

IMF proposes general sales tax on petroleum products in Pakistan: report

Pakistan negotiates tax reforms with IMF delegation in Islamabad

Updated 12 Nov, 2024 12:17am

IMF to dispatch mission to Pakistan next week for $7b bailout package evaluation

Nathan Porter will lead the delegation to review progress on 40 conditions

Published 06 Nov, 2024 11:06am

Pakistan fails to meet IMF cash surplus target, shortfall reaches Rs182b

The provinces collectively reported a cash surplus of only Rs160 billion

Published 25 Oct, 2024 03:48pm

Pakistan formally seeks $1b from IMF to manage external shocks, says finance minister

Country is also in talks with Asian Infrastructure Investment Bank for a credit enhancement

Updated 25 Oct, 2024 12:21am

Pakistan to auction Pakistan International Airlines on October 30

Gul Asghar explained that PIA's operational assets have been separated for the auction

Published 24 Oct, 2024 09:31am

Pakistan requests additional $2b from IMF to tackle climate change challenges

Pakistan requested an additional $1.5 billion loan from IMF on Sept 27 due to climate issues

Published 21 Oct, 2024 03:49pm

IMF agreement won’t have been possible ‘without very active support of China’: Aurangzeb

Finance minister says cooperation with China started way before CPEC

Published 13 Oct, 2024 10:06pm

Will electricity bills decrease after termination of IPP contracts?

One expert says 41 power plants still remain

Published 11 Oct, 2024 12:43pm

IMF urges Pakistan to sustain reform implementation, broadens tax base

IMF highlighted the necessity of continuous program execution

Published 28 Sep, 2024 01:31pm

SBP receives $1b IMF tranche amid new financing assurances

IMF Pakistan mission chief did not share details of additional financing amounts

Updated 28 Sep, 2024 01:14am

IMF disburses first tranche of $1b in Pakistan’s bailout package

Kristalina Georgieva emphasizes positive reforms as inflation continued to decline in Pakistan

Published 26 Sep, 2024 11:19am

Finance Minister Aurangzeb optimistic about IMF review

IMF’s board is set to convene on September 25 to evaluate the EFF for Pakistan

Updated 24 Sep, 2024 10:01pm

Pakistan’s $7b loan programme included in IMF board meeting

IMF Executive Board meeting will be held on September 25

Published 16 Sep, 2024 08:23pm

PSX continues with bullish trend, gains 315 more points

KSE-100 index closes at 79,333.06

Updated 14 Sep, 2024 12:26am

IMF board to discuss Pakistan programme on September 25

PM Shehbaz says ‘friendly’ countries have helped Pakistan meet requirements necessary to secure IMF bailout

Updated 13 Sep, 2024 12:25am

PM says constant loan requests diminish Pakistan’s significance as nuclear power

‘Israel has thrown any decisions from the International Court into the trash,’ cites premier

Updated 12 Sep, 2024 07:58pm

Punjab govt withdraws Rs14 subsidy electricity amid IMF pressure

The federal govt had postponed implementation of a 51% increase in electricity prices

Published 11 Sep, 2024 04:21pm

Moody’s upgrades Pakistan’s credit ratings from Caa3 to Caa2

Highlights increased clarity regarding Pakistan’s external financing sources

Published 28 Aug, 2024 03:39pm

IMF loan at high 5.09% interest rate discussed in Senate panel meeting

Pakistan has borrowed 21,260 million Special Drawing Rights (SDRs) from the IMF

Updated 23 Aug, 2024 04:53pm

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

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

Published 20 Aug, 2024 09:41am