Aaj News

Business & Economy

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

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

Business & Economy

IMF projects Pakistan’s economic growth at 3.2% amid high inflation

IMF highlights the ongoing global economic challenges

Published 23 Oct, 2024 10:46am

Business & Economy

IMF predicts slightly slower global growth in 2024 and 2025

IMF also estimates that global inflation will continue to ease

Published 22 Oct, 2024 07:19pm

Pakistan

Pakistani delegation briefs IMF about measures taken to improve economy

The delegation also met with IMF Director Jihad Azour

Published 22 Oct, 2024 01:27pm

Business & Economy

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

Business & Economy

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

Business & Economy

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

Business & Economy

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

Business & Economy

Circular debt in power sector could hit Rs2.8 trillion despite 51% electricity price hike

The agreement with the IMF stated that govt plans to allocate Rs381 billion in subsidies

Published 24 Sep, 2024 01:18pm

World

IMF ready to discuss bailout with Sri Lanka’s new govt

People’s Liberation Front party does not intend to abandon the IMF agreement

Published 24 Sep, 2024 11:23am

Business & Economy

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

World

Maldives declares no need for IMF bailout amid financial troubles

Zameer expressed confidence in the situation

Published 14 Sep, 2024 02:20pm

Business & Economy

PSX continues with bullish trend, gains 315 more points

KSE-100 index closes at 79,333.06

Updated 14 Sep, 2024 12:26am

Pakistan

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

Pakistan

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

Pakistan

Pakistan secured $57.27 billion in external loans over last five years

South Asian country seeks $7b loan package from IMF this year

Updated 09 Sep, 2024 07:15pm

Business & Economy

Pakistan proposes plan to IMF for electricity price cut

Rs2.8 trillion will be used to close down inefficient power plants

Published 02 Sep, 2024 01:19pm

Pakistan

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

Business & Economy

Pakistan’s case not on IMF agenda

International lender releases executive board meeting calendar

Updated 19 Aug, 2024 07:11pm

Business & Economy

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

Published 17 Aug, 2024 10:47am

Business & Economy

Reforms must to make EFF last IMF programme

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

Published 01 Aug, 2024 03:52pm

Business & Economy

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

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

Updated 29 Jul, 2024 05:37pm

Business & Economy

Pakistan initiated talks on reprofiling Chinese power sector debt in Pakistan

Islamabad is looking to appoint local adviser in China for purpose

Published 28 Jul, 2024 05:47pm

Business & Economy

Pakistan is looking for external financing avenues, says finance minister

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

Published 19 Jul, 2024 06:54pm

Business & Economy

IMF sees steady global growth, warns of slowing disinflation momentum

IMF kept its 2024 global real gross domestic product growth forecast unchanged from April at 3.2%

Published 16 Jul, 2024 09:33pm

Business & Economy

Pakistan shares hit fresh record after new IMF deal

The deal caps negotiations that started in May

Updated 15 Jul, 2024 05:15pm

Business & Economy

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

Published 15 Jul, 2024 11:04am

Business & Economy

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

Agriculture sector contributes meagre 0.1% to total tax collection

Updated 11 Jul, 2024 11:39am

Pakistan

President Zardari summons National Assembly session on July 9

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

Published 08 Jul, 2024 06:34pm