Inching closer: Pakistan receives combined IMF targets for 7th, 8th reviews Memorandum of Economic and Financial Policies (MEFP) for both reviews received, confirms finance minister Miftah Ismail Updated 28 Jun, 2022 10:35am
Markets Rupee depreciates marginally against US dollar Closes at 207.94 in inter-bank market on Monday Updated 27 Jun, 2022 07:30pm
Pakistan 'Corporate layoffs a possibility now': Experts react to govt's imposition of 'super tax' In a major development, the government on Friday imposed an extra one-time 10% tax called the super-tax on the... Updated 24 Jun, 2022 07:45pm
Markets Rupee resumes fall, depreciates marginally against dollar Currency loses 0.12% as market factors in declining SBP reserves Updated 24 Jun, 2022 07:43pm
Markets Rupee closes with historic gain over US dollar, ends at 207.23 This is the rupee's biggest gain against the US dollar in absolute terms on a day-to-day basis Expectation over inflow from Chinese banks, progress on budget measures with IMF, and falling oil prices help currency's appreciation Updated 23 Jun, 2022 07:21pm
Pakistan For IMF programme revival: Pakistan to take more measures to appease IMF Analysts say only a small component of requirements met Published 22 Jun, 2022 06:40pm
Pakistan Chinese consortium signs $2.3bn refinancing agreement with Pakistan: Miftah Finance minister says country thanks the Chinese government for facilitating the transaction Updated 22 Jun, 2022 06:53pm
Pakistan IMF being lenient with current government: Shaukat Tarin Former finance minister says global lender asked PTI to match policy rate with headline inflation instead of core inflation Updated 22 Jun, 2022 06:28pm
Markets Rupee ends lower against US dollar after intra-day improvement Hype over progress with IMF fails to stop rupee's slide, currency depreciates for 9th successive session Updated 22 Jun, 2022 06:48pm
Pakistan Pakistan, IMF make 'progress on FY23 budget', move closer to programme revival Pakistan authorities commit to generating Rs436bn in taxes and increasing petroleum levy gradually each month Updated 22 Jun, 2022 12:48pm
Pakistan Miftah hopeful of IMF programme revival in 1-2 days Finance minister says tax relief announced for salaried group with income upto Rs1.2 million a year will stay Updated 20 Jun, 2022 08:45pm
Business & Finance Did not ask Pakistan to renegotiate CPEC energy deals: IMF IMF says it supports Pakistan's multipronged strategy to restore energy sector viability Updated 16 Jun, 2022 12:58pm
Pakistan IMF talks: Pakistan to seek 'break' on rates of petroleum product, says Miftah Prior to departure to Doha, finance minister expresses hope of loan-rollover by Saudi Arabia and UAE Updated 23 May, 2022 03:32pm
Markets All-time low: Rupee closes at 200 in inter-bank trading for first time against US dollar Investors concerned about government's inability to implement IMF conditions related to revival of stalled $6 billion EFF programme Updated 19 May, 2022 08:02pm
Markets Hoarding by exporters contributing to rupee's fall, dealers say Rule out currency's collapse is due to public demand, stress ample supply for buyers available Published 18 May, 2022 04:53pm
Business & Finance Pakistan, IMF begin crucial talks in Doha as economy stumbles Will discuss revival of stalled $6 billion Extended Fund Facility (EFF) programme Updated 18 May, 2022 02:17pm
Business & Finance Currency's collapse continues: Rupee closes at 198.39 in inter-bank market, crosses 200 in open Cumulative fall in inter-bank market hits 11% in less than 5 months Updated 18 May, 2022 05:55pm
Business & Finance MPC meeting: Majority polled expect major spike in policy rate Many anticipate rate hike of 100 bps ahead of MPC meeting scheduled for May 23 Updated 17 May, 2022 09:06pm
Markets Rupee continues to fall, inches towards its all-time low against US dollar Closes at 187.53 in inter-bank market due to declining reserves, IMF uncertainty Updated 09 May, 2022 06:43pm
Business & Finance IMF will link release of funds to increase in income taxes, subsidy removal: Shaukat Tarin Talks between Pakistan and IMF on stalled Extended Fund Facility likely to be held from May 18 Updated 09 May, 2022 04:48pm
Business & Finance Kuwaiti companies planning $750mn projects in Pakistan: report Propose building a hydrogen plant and two smart cities Updated 02 May, 2022 03:19pm
Business & Finance Experts predict hike in inflation as Pakistan agrees to roll back fuel subsidy Inflation could rise from 12% to over 15%, says analyst, as Islamabad looks to revive IMF programme Updated 26 Apr, 2022 06:07pm
Markets IMF-Pakistan talks help rupee gain against US dollar Closes at 186.05 in inter-bank market on Monday Updated 25 Apr, 2022 05:30pm
Business & Finance Rollback of fuel subsidy: Miftah should have taken a stand, says Tarin Ex-finance minister says PTI government met all IMF targets for release of fund's seventh tranche Updated 25 Apr, 2022 05:17pm
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
Business & Finance KSE-100 gains 1.14% as market reacts positively to Pakistan-IMF talks The KSE-100 broke its five-session losing streak on Monday as the benchmark index moved up 520 points to breach the... Updated 25 Apr, 2022 06:59pm
Markets Fitch says Pakistan’s political volatility adds to external financing risk Forecasts current account deficit at around 5% of GDP (around $18.5 billion) in FY22 Updated 12 Apr, 2022 05:24pm
Pakistan 7th review: negotiations with IMF going as planned, says Ministry of Finance Says there is consensus that all end-December agreed targets have been achieved Updated 24 Mar, 2022 06:32pm
Print $6bn rescue package: IMF says having ‘constructive’ talks with Pakistan Pakistani officials say they are confident they can address any concerns IMF may have Updated 18 Mar, 2022 01:47pm
Pakistan Current IMF programme 'should be enough': Shaukat Tarin Finance minister says curtailing budget deficit and tapping international markets should help sustain economic growth Updated 03 Feb, 2022 05:11pm