Far behind $17.619bn annual target: $9.811bn borrowed from multiple financing sources in FY24 ISLAMABAD: The country borrowed $9.811 billion from multiple financing sources during fiscal year 2023-24, far ... Published 27 Jul, 2024 06:16am
Opinion The way forward Sale of state-owned entities (SOEs) and not resuscitating the non-operational Pakistan Steel Mills is the mantra of... Updated 22 Jul, 2024 07:11am
Opinion IMF programme, debt re-profiling, and debt restructuring Pakistan is facing a huge challenge in terms of debt distress. Secondly, the country is stuck in a low economic... Updated 19 Jul, 2024 07:06am
Opinion An IMF budget or not? Several prominent federal ministers publicly stated that the taxation measures approved by parliament on 28 June ... Updated 08 Jul, 2024 08:43am
Markets FY24: PSX emerges as top performer with 95pc annual return in $ terms KARACHI: Pakistan Stock Exchange performed exceptionally well and emerged as the top performing stock market with ... Published 29 Jun, 2024 06:40am
Print Petrol, HSD and HOBC: Govt amends raise in PL to Rs70 against Rs60 limit ISLAMABAD: The federal government has amended the increase in petroleum levy to Rs70 per litre on petrol and... Updated 29 Jun, 2024 03:00pm
Print Govt proposes increase in PL rate ISLAMABAD: The federal government has proposed an increase in petroleum levy to Rs 80 per litre on petrol and diesel... Updated 13 Jun, 2024 09:47am
Print Rs30bn sell-off income target set ISLAMABAD: The federal government has set a budgeted target of collecting Rs30 billion through privatisation... Updated 13 Jun, 2024 09:33am
Print No sacred cows, everyone has to contribute to economy: Aurangzeb ISLAMABAD: Finance Minister Muhammad Aurangzeb Tuesday forewarned that there are no sacred cows and everyone has to... Updated 12 Jun, 2024 09:32am
Perspectives Sovereign and strategic: looking at a budget beyond the IMF Recently, Pakistan’s coffers were replenished with the final tranche from the IMF’s Stand-by Agreement (SBA),... Published 04 Jun, 2024 08:00am
Business & Finance Successful completion of 9-month SBA: Aurangzeb briefs Canadian envoy ISLAMABAD: Canadian High Commissioner to Pakistan Leslie Scanlon called on Federal Minister for Finance and Revenue... Published 23 May, 2024 05:16am
Opinion Flawed IMF programme design The International Monetary Fund’s (IMF’s) analysis and prescriptions in the second and final review document... Updated 20 May, 2024 06:19am
Editorials State of the economy EDITORIAL: The government reduced prices of petroleum and products significantly effective 16 May till the end of... Updated 20 May, 2024 06:12am
Print Talks with IMF on next phase of engagement this week ISLAMABAD: The International Monetary Fund (IMF) Mission is meeting with the Pakistani authorities this week to... Updated 18 May, 2024 04:58pm
Print H1FY24: Driven by agri sector, real GDP grew 1.7pc: SBP Macroeconomic conditions improve during first half of fiscal year 2024 Updated 15 May, 2024 09:24am
Print Govt, IMF team start discussions ISLAMABAD: The government of Pakistan on Monday kick-started the discussions on further engagement with the... Updated 14 May, 2024 09:38am
Print There will be no new fuel subsidy or cross-subsidy schemes: Govt makes firm pledge to IMF Assures IMF that it will refrain from netting out cross-arrears without proper due diligence and ex-ante independent auditing Updated 12 May, 2024 01:30pm
Pakistan ‘Independents’ won more seats than any other group: IMF ISLAMABAD: The ‘independents’ associated with former prime minister Imran Khan’s Pakistan Tehreek-e-Insaf ... Published 11 May, 2024 06:22am
Print SBA: performance against end-Dec benchmarks satisfactory ISLAMABAD: The Pakistani authorities’ overall performance against end-December quantitative performance criteria... Updated 11 May, 2024 01:43pm
Print Gross external financing needs: IMF lowers projection to $21.044bn ISLAMABAD: The International Monetary Fund (IMF) has lowered the projection of Pakistan’s gross external financing... Updated 11 May, 2024 08:41am
Print Downside risks ‘exceptionally high’: IMF ISLAMABAD: The International Monetary Fund (IMF) has stated that the risks to debt sustainability remain acute given... Updated 11 May, 2024 09:46am
Business & Finance Plan presented to IMF: Rs1,080bn collection through PL ISLAMABAD: The Government of Pakistan has presented a plan to the International Monetary Fund (IMF) for the... Published 11 May, 2024 06:22am
Print IMF for taking agreed contingency revenue measures ISLAMABAD: The International Monetary Fund (IMF) has urged the Pakistani authorities to take agreed contingency... Updated 11 May, 2024 08:10pm
Pakistan Downside risks for Pakistan remain exceptionally high, says IMF While new government has indicated its intention to continue SBA’s policies, political uncertainty remains significant, Fund says Published 11 May, 2024 12:54am
Business & Finance Renewal of GSP Plus status to Pakistan: Aurangzeb praises French govt support ISLAMABAD: The Ambassador of France to Pakistan Nicholas Galey, called on Minister for Finance and Revenue Senator... Published 09 May, 2024 03:11am
Print Pakistan receives $1.1bn from IMF KARACHI: Pakistan has received inflows of $1.1 billion from International Monetary Fund (IMF) as final loan tranche... Updated 01 May, 2024 09:20am
Markets SBA final tranche: SBP says it has received $1.1bn from IMF Amount will reflect in central bank's foreign exchange reserves for week ending on May 3 Updated 30 Apr, 2024 09:09pm
Business & Finance IMF approves disbursement of $1.1bn loan tranche ISLAMABAD: The Executive Board of the International Monetary Fund (IMF) on Monday approved the final tranche of $1.1... Published 30 Apr, 2024 03:43am
Business & Finance IMF Executive Board approves final review of SBA, allows disbursement of $1.1bn for Pakistan The International Monetary Fund (IMF) on Monday completed its final review of Pakistan’s economic reform programme... Updated 30 Apr, 2024 09:11am
Print PM discusses ‘entering another programme’ with IMF chief RIYADH: Prime Minister Muhammad Shehbaz Sharif met Kristalina Georgieva, Managing Director (MD) of the International... Updated 29 Apr, 2024 08:58am
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost