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Coronavirus
VERY HIGH Source: covid.gov.pk
Pakistan Deaths
27,072
6824hr
Pakistan Cases
1,218,749
2,92824hr
5.08% positivity
Sindh
448,658
Punjab
419,423
Balochistan
32,707
Islamabad
103,720
KPK
170,391

IMF

IMF seeks new circular debt plan

IMF seeks new circular debt plan

ISLAMABAD: The International Monetary Fund (IMF) has reportedly sought a new Circular Debt Management Plan (CDMP)...
Updated 18 Feb, 2021 09:23am
Pakistan, IMF reach staff-level agreement on pending reviews under EFF
Business & Finance

Pakistan, IMF reach staff-level agreement on pending reviews under EFF

  • “This agreement is subject to the approval of the IMF’s Executive Board. The reviews’ completion would release around $500 million,” read the IMF statement.
  • Both parties reached the staff-level agreement on the second to fifth reviews of the authorities’ reform program supported by the IMF 39-month Extended Fund Facility (EFF) arrangement for the amount of SDR 4,268 million (about US$6 billion).
Published 16 Feb, 2021 07:58pm
Opinion

Data obfuscation

Macro-economic data released by the Ministry of Finance, particularly with reference to the fiscal deficit and total...
Published 15 Feb, 2021 04:53am
G7 seen backing issuance of new IMF SDRs
World

G7 seen backing issuance of new IMF SDRs

  • One IMF expert said a $500 billion boost in SDRs would deliver some $14 billion in added reserves to low-income countries and $60 billion to emerging markets, but others said the yields could be much higher.
Published 12 Feb, 2021 10:58am
Opinion

Neoliberalism

This is apropos a Business Recorder op-ed “Need for reformed Bretton Woods institutions for the ‘new normal”...
Published 11 Feb, 2021 04:34am
Exports decline
Editorials

Exports decline

EDITORIAL: Pakistan Bureau of Statistics (PBS) data for January 2021 indicates a 9.89 percent fall in exports...
Published 11 Feb, 2021 04:34am