Inherent internal conflict in IMF programmes as the elephant in the room In its first review of the ongoing Standby Arrangement (SBA) programme with Pakistan, the International Monetary ... Updated 26 Jan, 2024 05:30am
Editorials Proposals by power division trashed EDITORIAL: The government has pledged to raise gas prices by another 41 percent to meet a standard International... Published 25 Jan, 2024 04:23am
Opinion Not investing in future! The International Monetary Fund’s (IMF’s) board has disbursed around $700 million as second tranche under a $3... Published 23 Jan, 2024 05:14am
Print Govt to refrain from granting any increases in salaries, pensions ISLAMABAD: The government will “refrain from granting any further increases in salaries and pensions beyond those in... Updated 23 Jan, 2024 09:20am
Print Circular debt reduction: MoF objects to plan tailored by minister ISLAMABAD: The Ministry of Finance (MoF) has reportedly raised objections on circular debt reduction plan tailored... Updated 23 Jan, 2024 09:09am
Print SBA review: Punjab govt held responsible for Rs115bn unbudgeted spending ISLAMABAD: The government claims it has taken measures to curtail expenditure but held the Punjab government... Updated 23 Jan, 2024 09:46am
Print TMU of SBA amended ISLAMABAD: The Technical Memorandum of Understanding (TMU) of Stand By-Arrangement (SBA) has been amended to... Updated 21 Jan, 2024 10:26pm
Business & Finance Debt sustainability: Elevated gross financing needs constitute high risk: IMF ISLAMABAD: The International Monetary Fund (IMF) has said that elevated gross financing needs continue to pose high... Published 21 Jan, 2024 03:10am
Print Second review: IMF urged to reschedule access date to Mar 15 in LoI ISLAMABAD: The caretaker government has requested the International Monetary Fund (IMF) to rephase the access date... Updated 21 Jan, 2024 06:58pm
Print Power tariff: Timely adjustments critical to energy sector viability: IMF ISLAMABAD: Timely adjustments in electricity tariff are critical to restore energy sector viability while... Updated 21 Jan, 2024 10:11pm
Print External financing needs: IMF lowers projection to 7.1pc of GDP ISLAMABAD: The International Monetary Fund (IMF) has lowered the projection of Pakistan’s gross external financing... Updated 21 Jan, 2024 09:35am
Print New structural benchmarks set by IMF One of the SBA's benchmarks is developing a plan to enhance internal control systems in lending operations Updated 21 Jan, 2024 07:30pm
Pakistan Tensions with Iran add to Pakistan’s economic challenges KARACHI/LONDON: An escalation of geopolitical tension between Pakistan and neighbouring Iran on Thursday sent ... Published 19 Jan, 2024 05:37am
Print $5.968bn borrowed from multiple sources during 1HFY ISLAMABAD: The country borrowed $5.968 billion from multiple financing sources during the first half (July-December)... Updated 19 Jan, 2024 09:10am
Business & Finance IMF debt dilemma looms after election: ex-SBP governor LONDON: The International Monetary Fund faces tough choices on how to deal with Pakistan after the February election... Published 19 Jan, 2024 05:37am
Editorials Manifestoes lack economic rationale! EDITORIAL: Pledges by the two political parties, the Pakistan Muslim League-Nawaz and the Pakistan People’s Party,... Published 18 Jan, 2024 05:54am
Print Ministries, Divisions told: ‘Submit no summary contrary to IMF commitments’ ISLAMABAD: The Ministry of Finance has barred all ministries/ Divisions from submitting any summary to the Federal... Updated 16 Jan, 2024 02:53pm
Opinion Claims of economic improvement The narrative of the stakeholders today is that there has been a noticeable uptick in various macroeconomic... Published 15 Jan, 2024 05:03am
Markets Upward momentum KARACHI: Pak rupee continued its uptrend against the US dollar for the ninth consecutive week, as the local currency... Published 15 Jan, 2024 05:03am
Business & Finance Approval of SBA tranche described as ‘welcome development’ KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, Mian... Published 15 Jan, 2024 05:03am
Print Disbursement of SBA tranche: Dollar bonds extend rally on IMF approval Pakistan’s bonds had already rallied sharply in previous session, with all of the issuance rising Updated 13 Jan, 2024 05:02pm
Print 9-cent tariff: Govt yet to cross several bridges? Issues of rationalization of tariff and circular debt stock reduction were recently discussed at a meeting of the Apex Committee of Special Investment Facilitation Council (SIFC) Updated 13 Jan, 2024 05:01pm
Print TAPI prospects dim as approval of incentives put on ice ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has put approval of incentives for Turkmenistan... Updated 12 Jan, 2024 09:14am
Pakistan IMF Executive Board completes 1st review under SBA: finance ministry Development allows for immediate disbursement of $700mn Published 11 Jan, 2024 10:11pm
Markets Forex reserves hit 23-week high KARACHI: The State Bank of Pakistan (SBP) foreign exchange reserves recorded a notable increase of $ 1.3 billion... Published 05 Jan, 2024 03:12am
Perspectives Pakistan’s transition from the IMF’s SBA 2023 to the EFF 2024 The negotiation on the ninth review (of a total eleven) of the International Monetary Fund (IMF) Extended Fund... Published 04 Jan, 2024 08:55am
Print SBA: IMF set for first review on 11th ISLAMABAD: The International Monetary Fund (IMF) Executive Board is scheduled to consider the first review under... Updated 02 Jan, 2024 10:44am
Editorials SBP report: the truth, but not the whole truth? EDITORIAL: The Governor State Bank of Pakistan (SBP) as Chairman of the Board of Directors, submitted the annual... Published 02 Jan, 2024 05:21am
Print Performance of Shamshad better than Dar’s, says noted economist ISLAMABAD: Dr Shamshad Akhtar’s performance as finance minister is “B negative” and her predecessor Ishaq Dar’s is... Updated 01 Jan, 2024 12:22pm
Print Foreign investors: Jul-Nov profit repatriation soars 312pc to $532m YoY KARACHI: Repatriation of profit and dividends by foreign investors posted a notable 312 percent growth during the... Updated 28 Dec, 2023 08:53am