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Business & Economy Published 27 Jun, 2023 06:56pm

Why Pakistan’s long-awaited IMF tranche is important

Islamabad is racing against time to unlock $1.1 billion from IMF

▶️ Business & Economy Published 26 Jun, 2023 12:25am

PPP’s Kaira defends additional taxes, describes them as ‘only option’

Adviser to PM on Kashmir Affairs and GB blames PTI for the economic downturn

Business & Economy Published 24 Jun, 2023 12:27am

SBP lifts all curbs on imports

Govt granted permission to banks for providing remittances to release over 6,000 containers

Pakistan Published 21 Jun, 2023 12:28am

Army should remain apolitical, says PML-N’s Afnan Ullah

Economist Farrukh Saleem cites Pakistan has no other option other than IMF

Pakistan Updated 12 Jun, 2023 12:46am

Maryam Nawaz disparages ‘disintegrated’ PTI in Shujabad convention

‘PTI can now easily fit in a Qingqi,’ says PML-N leader

Videos Updated 06 Jun, 2023 08:16pm

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

Business & Economy Published 12 May, 2023 12:00pm

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

The deal is subject to approval by the IMF executive board

World Published 26 Apr, 2023 12:35pm

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

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

Business & Economy Published 25 Apr, 2023 12:40pm

IMF approves immediate disbursement of about $153mn to Tanzania

The decision brings total disbursements under the $1.04b

World Published 14 Apr, 2023 11:25am

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

Pakistan Published 24 Mar, 2023 12:52pm

Pakistani professionals struggle with higher costs as economy teeters

Inflation to rise to at least 35% in April, predict analysts

Business & Economy Updated 20 Feb, 2023 11:13pm

Pakistan hikes tax on luxury goods and services to get IMF deal

National Assembly passes mini-budget

▶️ Business & Economy Updated 27 Jan, 2023 03:47pm

PM Shehbaz hopes to sign agreement with IMF for $1b loan this month

Pakistan secured a $6 billion IMF bailout in 2019

Business & Economy Published 15 Oct, 2022 04:31pm

Analysis: IMF plugs financing gaps as riskier emerging markets face squeeze

IMF extends $90b to 18 states since start of Ukraine war

Business & Economy Published 11 Oct, 2022 01:52pm

Oil falls on recession fears and China Covid worries

World Bank and IMF see rising risks of global recession

World Published 11 Oct, 2022 11:30am

54 countries, including Pakistan, urgently need debt relief: UN

46 of 54 countries had amassed public debt totalling $782b in 2020, says UNDP report

Business & Economy Published 05 Oct, 2022 11:51am

The end of cheap money reveals global debt problem

Debt rise for three main reasons: financial system bail-out; supported households and companies in pandemic and now eye-popping gas and electricity prices

World Published 13 Apr, 2022 06:31pm

Bankrupt Sri Lanka asks citizens abroad to send home cash

Island nation is in the grip of its worst economic crisis since independence in 1948 after defaulting on $51 billion foreign debt

Pakistan Updated 12 Mar, 2022 12:20pm

IMF expresses 'reservations' over tax amnesty, PM relief package

Pakistan, IMF to hold policy level talks on Monday

Business Updated 07 Mar, 2022 03:58pm

Stocks plunge, oil rockets, gold tops $2,000 on Ukraine fears

Trading floors were a sea of red in early exchanges with experts warning of a period of stagflation

Business Published 04 Mar, 2022 10:37am

Two-week virtual discussions with IMF begin today

The govt is expected to face tough questions over the PM’s recently-announced package of relief on petroleum, diesel, electricity prices

Business Published 05 Feb, 2022 10:15am

Pakistan’s ability to sustain reform momentum ‘uncertain’

Credit rating agency Moody’s acknowledges Pakistan’s reform progress

Business Published 04 Feb, 2022 10:23am

IMF projects 10.2% inflation in Pakistan for year end

The International Monetary Fund forecasts real growth at 4pc at factor cost

Business Published 03 Feb, 2022 03:06pm

Current IMF programme 'should be enough': Shaukat Tarin

Finance minister says curtailing budget deficit and tapping international markets should help sustain economic growth

Business Published 03 Feb, 2022 10:19am

IMF board approves $1bn loan tranche

With the approval of $1 billion tranche, total disbursements under the Extended Fund Facility will increase to $3 billion

Business Published 27 Jan, 2022 10:43am

SBP governor confident IMF will revive $6b loan programme

Dr Reza Baqir says the govt has taken key measures to fulfil the International Monetary Fund's conditions

Business Published 19 Jan, 2022 10:20am

IMF Board to take up sixth review of $6b loan facility to Pakistan on 28th

The Board calendar updated on its website the agenda which includes Pakistan-2021 Article IV Consultation sixth review under the EFF

Pakistan Published 15 Jan, 2022 01:12pm

SBP bill favors IMF, not Pakistan: ex-PM Abbasi

Shahid Khaqan Abbasi claims the bill was passed as ruling coalition MNAs received 'phone calls'

Pakistan Published 13 Jan, 2022 11:06am

Mini-budget, SBP bill: MNAs expected to cast their vote today

The govt is likely to face stiff opposition in the Senate where the Finance Bill is expected to be moved, if passed by the NA