World Bank promises ‘concessionality’ in debt restructuring BENGALURU: The World Bank will “provide as much concessionality to the debt treatment” for distressed economies... Published 26 Feb, 2023 03:27am
World IMF flags debt restructuring hurdles for distressed economies Managing Director Kristalina Georgieva's comments come on sidelines of G20 meeting Updated 25 Feb, 2023 05:19pm
Business & Finance NBGP concerned at interest rate hike reports KARACHI: Chairman of National Business Group Pakistan and President Pakistan Businessmen and Intellectuals Forum,... Published 25 Feb, 2023 06:23am
Print IMF accord still ‘week, 10 days’ away: PM Hopes issues with the IMF would be settled soon Updated 25 Feb, 2023 09:06am
Print $700m Chinese loan lands in SBP account KARACHI: The country has received inflows amounting to $700 million from China to build the sliding foreign exchange... Updated 25 Feb, 2023 09:01am
Pakistan PM Shehbaz hails friendly nation's assistance before IMF deal finalised Says such gestures can never be forgotten Updated 24 Feb, 2023 08:18pm
Pakistan Pakistan will need another IMF programme in June: Dr Murtaza Syed Calls Pakistan's economic crisis the worst in history steered by domestic and global reasons Updated 24 Feb, 2023 05:53pm
Markets IMF lays out crypto action plan, recommends against legal tender status LONDON: The International Monetary Fund has laid out a nine-point action plan for how countries should treat crypto... Published 24 Feb, 2023 09:16am
World Yellen, G7 urge renewed aid for Ukraine BENGALURU: US Treasury Secretary Janet Yellen stepped up calls on Thursday for increased financial support for... Published 24 Feb, 2023 06:00am
Opinion Debt and fiscal space David Malpass, in a recent interview, has reportedly talked about China’s non-disclosure clause as one of the... Updated 24 Feb, 2023 06:36am
Opinion Countering illicit financial flows The illicit movement of funds is a global challenge, threatening domestic and international financial systems. The... Updated 24 Feb, 2023 06:34am
Opinion Pakistan: political illusions and economic delusions There is no pure economics for a state; it is always a political economy. Whilst examining the effect of the present... Published 24 Feb, 2023 06:00am
Opinion Finally, there’s light at the end of the tunnel President Dr Arif Alvi has signed the supplementary finance bill 2023 into law. This development will surely lead to... Published 24 Feb, 2023 06:00am
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 Feb, 2023 06:00am
Print China debt: FO seeks to ease US concerns ISLAMABAD: The Foreign Office on Thursday responded to US concerns over Chinese debt and emphasised that being a... Updated 24 Feb, 2023 11:49am
Business & Finance Rs170bn taxes apply to meet IMF conditions: President signs finance bill into law ISLAMABAD: President Arif Alvi Thursday signed the Finance (Supplementary) Bill, 2023, implementing additional taxes... Published 24 Feb, 2023 06:00am
Print March to September 2023: PD proposes load management plan ISLAMABAD: Power Division is said to have prepared three load shedding scenarios from March 1, 2023 to September... Updated 24 Feb, 2023 08:48am
Pakistan President Alvi approves Finance (Supplementary) Bill 2023 Also known as the mini-budget, the bill is key to unlocking the next tranche of the IMF programme Updated 23 Feb, 2023 05:11pm
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 Feb, 2023 05:52am
Print Oct-Dec QTA for Discos: Nepra agrees to approve Re0.5/unit hike in tariff ISLAMABAD: National Electric Power Regulatory Authority (Nepra) on Wednesday gave its consent to approve Paisa 50 ... Updated 23 Feb, 2023 09:22am
Editorials The challenge of elite capture and collusion EDITORIAL: A briefing by the Finance Division to the Federal Cabinet claimed that the delay in the International... Published 23 Feb, 2023 05:52am
Print Forex reserves to get much-needed boost: China lends a hand amid IMF procrastination Board of China Development Bank approves facility of $700 million Updated 23 Feb, 2023 09:24am
Print Govt announces steps to correct fiscal imbalances Ministers, advisers to forgo pays and perks Cabinet members to pay utility bills out of their own pockets Travel only in economy class and no stay in 5-star hotels Updated 23 Feb, 2023 09:18am
Pakistan Cabinet members to forgo salaries, perks, says PM Shehbaz while announcing austerity measures All luxury cars being used by cabinet members will be auctioned, Toshakhana record to be made public, says PM Updated 22 Feb, 2023 08:03pm
World India averse to discussing new Russia sanctions at G20 BENGALURU: India does not want the Group of 20 nations to discuss additional sanctions on Russia for its invasion of... Updated 22 Feb, 2023 03:43pm
Opinion Why do all roads lead to more taxes? As a staff-level agreement between IMF (International Monetary Fund) and Pakistan following the ninth review of the... Published 22 Feb, 2023 03:30am
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 Feb, 2023 03:30am
Print Staff-level pact with IMF anytime soon: MoS Aisha ISLAMABAD: Minister of State for Finance, Aisha Ghaus Pasha has stated that almost all the prior actions of the... Updated 22 Feb, 2023 09:03am
Print Dar says govt steering economy towards stability in challenging environment ISLAMABAD: Federal Minister for Finance and Revenue, Senator Mohammad Ishaq Dar said here on Tuesday that despite... Updated 22 Feb, 2023 09:05am
Editorials Economic reforms EDITORIAL: The latest salvo to the country’s leadership urging them to tax the rich and provide subsidies only to... Published 22 Feb, 2023 03:30am