Global economic crisis: Neoliberalism, debt sustainability, SDRs, and multilateralism The global economy is facing existential threats of climate change and Pandemicene crises. The underlying basis for... Updated 26 May, 2023 07:12am
Opinion Misplaced optimism This is apropos a Business Recorder op-ed ‘Slump in industrial production’ carried by the newspaper on Tuesday.... Published 26 May, 2023 06:48am
Markets IMF approves $3.5bn loan agreement for Ivory Coast WASHINGTON: International Monetary Fund (IMF) executives have approved a $3.5-billion loan agreement for Ivory Coast... Updated 25 May, 2023 01:56pm
World Sri Lanka could wrap up debt restructure talks by Sept, president says TOKYO: Crisis-stricken Sri Lanka should be able to conclude newly-launched debt restructuring talks by September, or... Published 25 May, 2023 09:21am
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 25 May, 2023 06:56am
Editorials Finally, DRAP yields EDITORIAL: Finally, the Drug Regulatory Authority of Pakistan (DRAP) has allowed pharmaceutical companies to ... Updated 25 May, 2023 07:06am
Print Default fears deepen but Dar exudes optimism Assures business community that focus of upcoming budget (2023-24) would be broadening tax base and document new taxpayers Updated 25 May, 2023 08:55am
Editorials Tax targets for FY24 EDITORIAL: Chairman Federal Board of Revenue, Asim Ahmed, while talking exclusively to Business Recorder, subsequent... Updated 25 May, 2023 07:04am
World IMF staff agree to expand credit for cash-strapped Kenya by $1bn NAIROBI: The International Monetary Fund said it has reached a staff-level agreement with Kenya that would provide... Published 24 May, 2023 06:51pm
World IMF chief calls US debt battle ‘unnecessary’ for world economy DOHA: International Monetary Fund chief Kristalina Georgieva said Wednesday that protracted domestic wrangling over... Published 24 May, 2023 06:14pm
Business & Finance Ghana plans ‘disciplined approach’ to IMF loan, says president DOHA: Ghanaian President Nana Akufo-Addo said on Wednesday his government was planning a “very disciplined approach”... Published 24 May, 2023 03:38pm
World Bangladesh PM confident country able to repay IMF loans DOHA: The Prime Minister of Bangladesh Sheikh Hasina said on Wednesday she was confident that the country would be... Published 24 May, 2023 01:02pm
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 May, 2023 06:09am
Business & Finance Everyone waiting for positive news from IMF: MD SAP ISLAMABAD: Saquib Ahmad, Managing Director, SAP Pakistan, Iraq and Afghanistan said that everyone is waiting for the... Published 24 May, 2023 05:57am
Business & Finance IMF says UK economy to grow this year in big U-turn LONDON: The IMF on Tuesday delivered a major U-turn on its forecast for the UK economy, saying it expected growth... Published 24 May, 2023 05:57am
World IMF staff, Kenya reach agreement on economic programmes NAIROBI: The International Monetary Fund and Kenya have reached a staff-level agreement on Kenya’s economic... Published 23 May, 2023 07:55pm
World IMF chief hopes US debt ceiling deal will come before ‘11th hour’ LONDON: International Monetary Fund Managing Director Kristalina Georgieva said on Tuesday she hoped the world... Published 23 May, 2023 06:41pm
World IMF asks Sri Lanka to speed debt restructuring COLOMBO: The International Monetary Fund asked Sri Lanka Tuesday to speed its debt restructuring and warned any... Published 23 May, 2023 05:33pm
Markets IMF says UK no longer heading for a recession in 2023 LONDON: The International Monetary Fund said on Tuesday that it no longer expects Britain’s economy will fall into a... Published 23 May, 2023 02:00pm
Editorials Woeful state of economy EDITORIAL: State Bank of Pakistan (SBP) released its half yearly ‘State of Pakistan’s Economy Report’... Published 23 May, 2023 06:14am
World China enters Sri Lanka’s domestic fuel market COLOMBO: Cash-strapped Sri Lanka signed a deal on Monday allowing a Chinese company to enter the island’s domestic... Published 22 May, 2023 07:46pm
Editorials For whom the bell tolls, it tolls for thee EDITORIAL: Some circles in the government are trying to build up a narrative that current account is coming into... Published 22 May, 2023 06:23am
Pakistan IMF criticised for failing to recognise climate change-induced impact of floods KARACHI: “The International Monetary Fund’s prior actions for the approval of a long-delayed loan are not just... Published 21 May, 2023 04:00am
Opinion 9th review struggle with IMF Since November of last year, Pakistan is still waiting for the release of the next tranche of $1.1 billion from the... Published 21 May, 2023 04:00am
Business & Finance Stalled IMF bailout hurting economy: UBG chief KARACHI: United Business Group (UBG) President Zubair Tufail said that due to the delay in the IMF’s debt recovery... Published 21 May, 2023 04:00am
Pakistan 'False and unfounded': govt rejects reports IMF concerned about funds use for 'political purposes' Finance Division says funds cannot be utilised for any purpose without the approval of the Parliament through the budget Published 20 May, 2023 07:48pm
Opinion FY2023-24 Budget The government is expected to present the budget for the next fiscal year in the first week of June. Budgets in... Published 20 May, 2023 05:59am
Editorials ‘Realistic’ tax target EDITORIAL: The budget is just around the corner, which makes this the time when the finance ministry is flooded with... Published 20 May, 2023 05:59am
Business & Finance Despite improved C/A, fiscal balance: Macroeconomic conditions deteriorated in first half of FY23: SBP KARACHI: The State Bank of Pakistan (SBP) Friday said Pakistan’s macroeconomic conditions deteriorated during ... Published 20 May, 2023 05:59am
Print Slow growth, rising inflation: SBP projects a double whammy for country Says demand management measures and floods in 2022 have weighed heavily on the country’s growth outlook for FY23 Updated 20 May, 2023 07:23pm