Fiscal year 2022-23: Govt borrows $10.84bn from multiple sources Economic Affairs Division data shows that country borrowed $2.206 billion from foreign commercial banks during the fiscal year 2022-23 Updated 22 Jul, 2023 11:58am
Print Dar informs National Assembly: No new tax on agriculture, real estate sectors ISLAMABAD: Federal Minister for Finance and Revenue Muhammad Ishaq Dar said that the government would not impose... Updated 22 Jul, 2023 10:01am
Business & Finance PTI welcomes IMF SBA loan KARACHI: The Pakistan Tehreek-e-Insaf (PTI) leadership has welcomed the IMF Executive Board approval of $ 3 billion... Published 22 Jul, 2023 06:06am
Print PTI says IMF acknowledges leadership’s support ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Friday said that the International Monetary Board (IMF) staff report... Updated 22 Jul, 2023 09:20am
Editorials Rise in clearance of imports, exports EDITORIAL: The Federal Board of Revenue (FBR) during a meeting with a World Bank mission revealed that it increased... Updated 22 Jul, 2023 06:40am
Opinion Inequality, poverty, and austerity–I Two reports recently released clearly indicate that in the wake of pandemic, not only has progress on sustainable... Published 21 Jul, 2023 07:08am
Opinion PARTLY FACETIOUS: Sincere ignorance and conscientious stupidity “Martin Luther King said nothing in the world is more dangerous than sincere ignorance and conscientious... Published 21 Jul, 2023 06:38am
Editorials Power sector challenges EDITORIAL: The IMF (International Monetary Fund) has taken a rather sombre view of Pakistan’s structural issues in... Published 21 Jul, 2023 06:38am
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 Jul, 2023 06:38am
Business & Finance Sovereign dollar bonds extend decline LONDON: Sovereign dollar bonds extended a decline on Thursday, with Tradeweb data showing shorter-dated maturities... Published 21 Jul, 2023 06:38am
Business & Finance Forex reserves hit $14bn mark KARACHI: The country’s total liquid foreign exchange reserves rose to $ 14 billion by the end of last week,... Published 21 Jul, 2023 06:38am
Opinion There’s no cure to bad luck Noted economist Dr Hafiz A Pasha has forecast that the year 2023-24 is likely to witness a moderate decline from the... Published 20 Jul, 2023 03:12am
Opinion Hard reset and a lost generation No better time than election season to make the case – very controversial one, it turns out – that Pakistan’s... Published 20 Jul, 2023 03:12am
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 20 Jul, 2023 03:12am
Editorials The IMF speaks! EDITORIAL: The International Monetary Fund (IMF) uploaded documents on its website relating to the agreement reached... Published 20 Jul, 2023 03:12am
Business & Finance Dar tells ADB team: Govt committed to completing IMF SBA ISLAMABAD: A delegation of Asian Development Bank (ADB) led by Country Director Young Ye, called on Federal Minister... Updated 20 Jul, 2023 09:30am
Markets IMF says dollar’s rise hit emerging markets harder than advanced economies WASHINGTON: Emerging market economies bore the brunt of the strongest U.S. dollar in two decades in 2022, a rise... Published 19 Jul, 2023 08:30pm
World IMF says Russia exit from Ukraine grain deal risks adding to global food inflation WASHINGTON: The International Monetary Fund on Wednesday said Russia’s exit from a deal allowing Ukrainian exports... Published 19 Jul, 2023 07:26pm
Business & Finance Detailed report on SBA: IMF accuses energy sector of causing fiscal haemorrhage ISLAMABAD: The International Monetary Fund (IMF) has portrayed the energy (power and gas) sector as the major cause... Published 19 Jul, 2023 03:21am
Pakistan Farewell dinner: Bilawal hosts Islamabad-based diplomatic corps ISLAMABAD: As the coalition government is going to complete its term, Foreign Minister Bilawal Bhutto-Zardari on... Published 19 Jul, 2023 03:21am
Pakistan Education, healthcare spending remains below budgeted targets: IMF ISLAMABAD: Even though Pakistan spent Rs 404 billion or 0.4 per cent of its gross domestic product (GDP) on regular... Published 19 Jul, 2023 03:21am
Pakistan PM stresses need for reforms ISLAMABAD: Prime Minister Shehbaz Sharif said on Tuesday that the danger of default is over following the... Published 19 Jul, 2023 03:21am
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 19 Jul, 2023 03:21am
Markets Govt projects to generate additional PDL by Rs79bn ISLAMABAD: The federal government has projected to generate additional petroleum development levy (PDL) by Rs79... Published 19 Jul, 2023 03:21am
Print PML-N, PPP, PTI gave written assurances: IMF ISLAMABAD: The International Monetary Fund (IMF) on Tuesday said that Pakistan’s major political parties including... Updated 19 Jul, 2023 11:15am
Print Key policy rate: Govt ready to consider further action in MPC meeting: IMF ISLAMABAD: The government has committed to the International Monetary Fund (IMF) that the policy rate was raised to... Updated 19 Jul, 2023 09:18am
Print Additional revenue: Govt committed to targeting agri and construction sectors ISLAMABAD: The government has committed to the International Monetary Fund (IMF) to sustainably raise additional... Updated 19 Jul, 2023 09:11am
Print No more tax amenities, exemptions: 10 structural benchmarks set for SBA ISLAMABAD: The International Monetary Fund (IMF) has set 10 structural benchmarks (SBs) for stand-by arrangement... Updated 19 Jul, 2023 09:54am
Print 8pc of GDP: IMF projects $28.361bn gross external financing needs ISLAMABAD: The International Monetary Fund (IMF) has projected Pakistan’s gross external financing needs at $28.361... Updated 19 Jul, 2023 09:43am
Print LoI to IMF: govt pledges fiscal discipline Says it will restrain non-priority spending including through energy sector measures aimed at credibly containing energy sector subsidies, the public wage bill, and pensions Updated 19 Jul, 2023 09:56am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?