Economy: the best case scenario The worst case economic scenario has already been shared with the public: be ready for more hikes in electricity and... Published 20 Jun, 2022 07:25am
Opinion Budget FY23 and IMF’s programme “Among the most difficult problems faced by developing countries is that of balancing a budget that is swollen by... Published 10 Jun, 2022 06:16am
Print Forex, PSEs and banks liabilities not included: $88.8bn external debt recorded at end of March ISLAMABAD: External public debt was recorded at $88.8 billion at end-March 2022 in the Economic Survey 2021-22, but... Updated 10 Jun, 2022 09:23am
Editorials Oil industry’s desperate SOS call EDITORIAL: The oil industry could not possibly have faced a bigger crisis at the moment than international banks... Published 04 Jun, 2022 04:18am
Pakistan Shaukat Tarin suggests buying Russian oil, reducing margins of refineries Former finance minister says govt should call elections as it cannot handle the economy Published 03 Jun, 2022 11:18am
Print Moody’s changes outlook to negative ISLAMABAD: Moody’s Investors Service (Moody’s) has downgraded its outlook for Pakistan from stable to negative.... Updated 03 Jun, 2022 09:41am
Opinion Keeping them poor to keep them alive A special report in Business Recorder the other day revealed that it might not suffice to cut subsidies to revive ... Updated 02 Jun, 2022 07:34pm
Pakistan Govt committed to reviving IMF programme, says Miftah after talks end Finance minister says IMF team emphasised the importance of rolling back fuel and power subsidies Published 26 May, 2022 10:46am
Print Stalled IMF programme: Govt fails to successfully persuade IMF ISLAMABAD: The talks between Pakistan and the International Monetary Fund (IMF) for the 7th review under the $6... Updated 26 May, 2022 10:02am
Markets IMF to continue ‘close engagement with Pakistan’ as Doha talks conclude without programme revival Washington-based lender says deviations from the policies agreed in the last review require urgency of concrete policy actions Fuel and power subsidies remain issue Published 25 May, 2022 10:48pm
Print Govt seeks more SDRs from IMF to propel economy Minister for Finance Miftah Ismail holds virtual meeting with IMF Mission Chief Nathan Porter Updated 19 May, 2022 10:32am
Print IMF talks to begin today at Doha ISLAMABAD: Finance Minister Miftah Ismail said on Tuesday that a team of the Finance Division has gone to Doha (on... Updated 18 May, 2022 10:43am
Print PD all set to share ‘reform plan’ with IMF ISLAMABAD: Power Division is all set to share its ‘power sector reforms plan’ with the International Monetary... Updated 18 May, 2022 10:23am
Markets PKR loses 3.1pc KARACHI: A disastrous week for the rupee saw it lose 3.1 percent against the US dollar in the inter-bank market, ... Published 16 May, 2022 05:42am
Print IMF to initiate staff mission with Pakistan in Doha on 18th ISLAMABAD: The International Monetary Fund (IMF) will start a staff mission on May 18 with the Pakistani authorities... Updated 14 May, 2022 09:22am
Opinion It’s always about the party, never… What does a leader do when what must be done is the last thing that can be done? That’s got to be what’s keeping... Published 12 May, 2022 05:40am
Print Consultations begin ahead of resumption of IMF talks ISLAMABAD: Finance Ministry and Power Division are said to have started internal consultations to devise strategy... Updated 10 May, 2022 10:11am
Business & Finance RDA inflows hit $4.2bn mark KARACHI: Inflows of Roshan Digital Account (RDA) are growing, reaching $4.2 billion at the end of April 2022. ... Published 10 May, 2022 05:10am
Print Sri Lanka, IMF to start next round of technical talks from tomorrow COLOMBO: The International Monetary Fund (IMF) would begin the next round of technical discussions with Sri Lanka... Updated 08 May, 2022 09:00am
Print Govt seeks increase in size, duration of IMF programme ISLAMABAD: Pakistan has sought an increase in the size and duration of its $6 billion International Monetary Fund... Updated 26 Apr, 2022 10:06am
Editorials Miftah wouldn’t come back empty-handed EDITORIAL: The statement issued by the new International Monetary Fund (IMF) mission chief for the ongoing Extended... Published 26 Apr, 2022 05:20am
Business & Finance Not during April: Miftah rules out any immediate increase in petrol, diesel prices Says govt has lots of considerations to make before it can revise prices even on May 1 Updated 25 Apr, 2022 11:47pm
Print Govt, IMF reach new agreement? ISLAMABAD: Pakistan and the International Monetary Fund (IMF) have reportedly agreed, in principle, to extend the... Updated 25 Apr, 2022 10:04am
Pakistan IMF mission expected to visit Islamabad in May after Miftah holds 'productive meetings' Both sides agree that prompt action is needed to reverse unfunded subsidies that have slowed discussions IMF says Pakistan has also requested to extend the EFF arrangement through June 2023 Updated 25 Apr, 2022 02:19am
Print Revival of $6bn EFF: Miftah explains what IMF actually wants from new govt IMF has sought increase in prices of petroleum products as well as taxes on levy, withdrawal of industrial amnesty scheme, reducing circular debt, increasing electricity tariffs, and fiscal saving Updated 21 Apr, 2022 09:27pm
Editorials The onerous task before finance minister Miftah EDITORIAL: The new minister for finance and revenue, Miftah Ismail, tweeted “we cannot let our fiscal and external... Published 21 Apr, 2022 05:26am
Business & Finance Cannot bear burden of subsidy on petroleum prices, says Miftah ahead of IMF meeting Finance minister confident of programme revival, will travel to Washington later in the day Updated 20 Apr, 2022 08:27pm
Business & Finance Pakistan to 'continue close engagement' with IMF, World Bank: Miftah Ismail PML-N leader, tipped to become finance chief, says Pakistan will pursue reforms that result in macroeconomic stability Updated 16 Apr, 2022 09:24pm
Print Govt urged to restart talks to put IMF’s EFF back on track ISLAMABAD: The government should immediately initiate discussions with the International Monetary Fund (IMF) to put... Updated 16 Apr, 2022 10:44am
Pakistan Miftah Ismail likely to be named finance chief: report Prime Minister Shehbaz Sharif may name Ismail, a former finance minister, along with the rest of the cabinet within 24 hours Updated 13 Apr, 2022 11:02pm