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
Pakistan Marriyum says govt has not yet decided to remove incumbent SBP governor ISLAMABAD: Minister for Information and Broadcasting Marriyum Aurangzeb Saturday said the government has not yet... Published 24 Apr, 2022 06:47am
Markets Currency values in terms of Special Drawing Rights WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special... Published 24 Apr, 2022 05:36am
Opinion Country’ economy: no grounds for complacency According to media reports, the PML(N)-led coalition government is mulling curbing subsidies on fuel and power in... Published 24 Apr, 2022 05:36am
Pakistan In Washington, Miftah says Pakistan will aim for inclusive, sustainable growth Finance minister is currently in the US to hold talks on the IMF programme Updated 23 Apr, 2022 07:22pm
Markets Pakistan's current account deficit clocks in at $1.03bn in March Increases massive 179% on a year-on-year basis, 98% on a monthly basis 9MFY22 CAD amounts to $13.17bn Updated 23 Apr, 2022 07:23pm
Pakistan Attracting US investment govt's top priority: Miftah Ismail Says government focused on creating a business-friendly environment Updated 23 Apr, 2022 05:16pm
Pakistan Pakistan says willing to curb fuel subsidies as discussion with IMF underway Finance minister Miftah Ismail, currently in Washington for talks on seventh review of IMF programme, says 'targeted subsidies' should remain Updated 23 Apr, 2022 05:15pm
Markets Currency values in terms of Special Drawing Rights WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special... Published 23 Apr, 2022 04:45am
Editorials CPEC authority: less authoritative EDITORIAL: How typical that the same officials that defended the progress of CPEC (China-Pakistan Economic Corridor)... Updated 23 Apr, 2022 10:28am
World G7 officials exit World Bank meeting as Russian official begins to speak WASHINGTON: G7 officials and others walked out of a meeting of the Development Committee that advises the governors... Published 22 Apr, 2022 08:45pm
Pakistan Umar demands ‘immediate elections’ ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) secretary general Asad Umar on Thursday called upon the government to... Published 22 Apr, 2022 05:36am
Markets Asian stocks, FX cautious as investors await IMF debate for growth clues BANGKOK: Indonesian and Thailand equities led the way as emerging Asian stocks made tepid gains on Thursday,... Published 22 Apr, 2022 05:36am
Markets China stocks slump to 5-week closing low on economic slowdown fears SHANGHAI: China shares slumped on Thursday to a five-week closing low, as prolonged COVID-19 lockdowns and a lack of... Published 22 Apr, 2022 05:36am
Markets Wall Street loses steam ahead of Fed chair’s speech NEW YORK: The S&P 500 and the Nasdaq reversed early gains on Thursday as bond yields hit fresh multi-year highs... Published 22 Apr, 2022 05:36am
Markets Currency values in terms of Special Drawing Rights WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special... Published 22 Apr, 2022 05:36am
Print Miftah swings into action on stalled IMF programme Says visit to Washington is to put back on track IMF programme that PTI and Imran Khan derailed Updated 22 Apr, 2022 10:12am
World IMF steering committee skips communique after Russia blocks war language Russia’s refusal to agree to strong language condemning its war in Ukraine prevented the steering committee of the... Published 21 Apr, 2022 09:39pm
Markets SBP-held reserves increase marginally, now stand at $10.89bn Data shows total reserves held by Pakistan amount to $17.05bn Published 21 Apr, 2022 04:19pm
Business & Finance Miftah departs for Washington to hold talks with IMF Says he wants to put back on track the IMF program that PTI 'derailed' Updated 21 Apr, 2022 02:23pm
Markets Oil rises as investors focus on lower supply from Russia, Libya LONDON: Oil prices rose on Thursday amid concerns about supply as the European Union (EU) mulls a potential ban on... Updated 21 Apr, 2022 09:38pm
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
Print IMF projects decrease in gross debt ISLAMABAD: The International Monetary Fund (IMF) has projected a decrease in the government gross debt for Pakistan... Updated 21 Apr, 2022 10:02am
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
Markets Currency values in terms of Special Drawing Rights WASHINGTON: The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special... Published 21 Apr, 2022 05:26am
World IMF’s Georgieva says China should stimulate consumption as lockdowns mount WASHINGTON: International Monetary Fund Managing Director Kristalina Georgieva said on Wednesday that China should... Published 20 Apr, 2022 07:21pm
Pakistan Govt may try to liquidate unbudgeted circular debt to discredit PTI: Shaukat Tarin Comments come as both PTI and PML-N leaders continue to trade barbs on state of Pakistan economy Published 20 Apr, 2022 05:55pm
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
World IMF says governments must protect the vulnerable ‘when things fall apart’, avert unrest WASHINGTON: Governments must target fiscal support to vulnerable populations hit hardest by rising energy and food... Published 20 Apr, 2022 04:08pm