Aaj News

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

Pakistan’s economy unlikely to sustain without IMF deal: experts

Shahbaz Rana says the government seems non-serious regarding the programme

Published 07 Jun, 2023 11:23pm

Videos

Pakistan approves 3.5% GDP growth target for fiscal year 2023-24 budget

The country will need to borrow for the rest of the budget: Planning Minister Ahsan Iqbal

Updated 06 Jun, 2023 08:16pm

Business & Economy

Ruling alliance opts for early closure of markets to save ‘foreign exchange’

Planning minister says even top world economies cannot afford keeping markets open till midnight

Updated 07 Jun, 2023 12:36am

Business & Economy

Pakistan ‘very hopeful’ of finalising IMF deal in June

Ruling alliance is all set to present budget this month

Updated 05 Jun, 2023 07:38pm

Pakistan

With trillions of dollars in assets, Pakistan will not default: Dar

Says will make all the payments on time

Updated 03 Jun, 2023 12:27pm

Business & Economy

As dealers claim shortage what to expect next on the US dollar rate?

Government may end ongoing programme with the IMF

Published 01 Jun, 2023 03:43pm

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 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

Updated 29 May, 2023 09:19am

Business & Economy

Pakistan economy to slow significantly with high inflation, central bank says

Pakistan's economy, facing worst-ever crisis, is further deterioration

Published 19 May, 2023 06:35pm

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

IMF staff, Senegal reach agreement on $1.9b funding package

The deal is subject to approval by the IMF executive board

Published 12 May, 2023 12:00pm

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

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

Country’s foreign-exchange reserves remain extremely low

Updated 09 May, 2023 08:35pm

Business & Economy

Pakistan buys Russian oil but sees diversified future

Minister Musadik Malik will visit US for talks with corporations as well as with government

Updated 09 May, 2023 09:07am

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

Sri Lanka trying to reduce overall debt by $17b, president says

Caught in its worst financial crisis since independence from Britain in 1948

Published 26 Apr, 2023 12:35pm

Business & Economy

IMF approves immediate disbursement of about $153mn to Tanzania

The decision brings total disbursements under the $1.04b

Published 25 Apr, 2023 12:40pm

Business & Economy

Pakistan has fulfilled all IMF conditions: Ishaq Dar

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

Published 24 Apr, 2023 11:44am

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

IMF seeks more funding assurances before pact on Pakistan aid

The sideline meetings in Washington could not reach a final conclusion

Updated 22 Apr, 2023 01:56am

World

Brazil’s Lula to meet Xi in Beijing after lashing out at US dollar, IMF

Lula also had strong words for the International Monetary Fund

Published 14 Apr, 2023 11:25am

Business & Economy

UAE, China promise Pakistan $1.3b to get IMF deal on track

Major conditions met for a staff-level pact, Pakistan euro bond in slump climbs

Updated 14 Apr, 2023 08:41pm

Business & Economy

Pakistan hopes to seal key IMF bailout agreement soon

We can complete our current programme successfully, says Georgieva

Published 14 Apr, 2023 09:49am

Business & Economy

IMF’s Georgieva sees risk of supply chain security leading to new Cold War

'If we fail to be more rational, then people everywhere would be worse off'

Published 14 Apr, 2023 07:12am