‘When did Noah build the Ark?’ This is apropos a Business Recorder op-ed “When did Noah build the Ark?” carried by the newspaper on Thursday.... Published 27 Jul, 2024 06:18am
Opinion When did Noah build the Ark? It’s very normal, and natural, for milestones like the SLA (Staff-Level Agreement) to be followed by a barrage of... Updated 25 Jul, 2024 07:20am
Editorials ‘Constitutional meltdown’? EDITORIAL: It’s not yet been announced when the IMF’s executive board will meet to discuss the fate of the... Updated 22 Jul, 2024 07:35am
Editorials Moody’s says it right EDITORIAL: Finally, it’s taken a key ratings agency to turn the spotlight towards some, by no means all, of the... Updated 20 Jul, 2024 05:58am
Print SLA improves funding prospects, says Moody’s ISLAMABAD: The Government of Pakistan and the International Monetary Fund’s staff level agreement (SLA) improves... Updated 17 Jul, 2024 04:33pm
Editorials Taxing agriculture, finally? EDITORIAL: At last, the IMF (International Monetary Fund) has announced reaching a staff-level agreement (SLA) with... Updated 15 Jul, 2024 08:11am
Opinion Challenge of lower growth: IMF bailout insufficient The IMF Staff-Level Agreement (SLA) for $7 billion programme is done. However, that does not ensure revival of the... Updated 15 Jul, 2024 08:17am
Print IMF loan: Swallowed a bitter pill for economic security, says PM ISLAMABAD: The International Monetary Fund (IMF) has agreed to a 37-month $7 billion loan programme with Pakistan,... Updated 14 Jul, 2024 03:01pm
Print SLA on 37-month EFF: $7bn new loan deal reached with IMF The authorities in Pakistan plan to increase tax revenues through measures of 1½ percent of GDP in FY25 and 3 percent of GDP over the program, IMF statement says Updated 14 Jul, 2024 06:28pm
Opinion Budget projections for FY25 There is overwhelming evidence that approval of the budget for next fiscal year, reportedly to be presented to... Updated 27 May, 2024 06:33am
Business & Finance IMF’s EFF: Notable progress made towards reaching SLA ISLAMABAD: The International Monetary Fund (IMF) and the Pakistani authorities made significant progress towards... Published 25 May, 2024 05:32am
Print SLA: IMF waiting for release of March data? ISLAMABAD: The International Monetary Fund (IMF) may be waiting for the release of March 2024 macroeconomic data... Updated 23 Mar, 2024 09:18pm
Print Formation of PIAHC approved: Cabinet told initial talks on ‘new programme’ already held with IMF ISLAMABAD: The federal cabinet has approved the formation of Pakistan International Airlines Holding Company which... Updated 21 Mar, 2024 08:44am
Editorials Monetary policy: staying the course EDITORIAL: The Monetary Policy Committee (MPC) decided to keep the policy rate unchanged at 22 percent – a rate... Published 20 Mar, 2024 03:00am
Opinion A recalcitrant rupee! The budget for the current fiscal year, reviewed and amended by the International Monetary Fund (IMF) as a prior... Published 11 Mar, 2024 04:45am
Opinion Economic morass is visibly deepening March 15 was the date agreed for the second and final staff-level agreement (SLA) on the ongoing nine-month 3 ... Published 19 Feb, 2024 05:24am
Editorials Babus’ clamour for pay increase EDITORIAL: The government has pledged to refrain from any further increase in salaries and pensions beyond those... Published 24 Jan, 2024 05:07am
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
Print SBA: MoF says commitments being fulfilled Spokesman for the Finance Division says the arrangement was evident from the successful completion of the first review of the Staff Level Agreement Updated 24 Dec, 2023 06:49pm
Print Projects, salaries: MoF denies delay in fund release ISLAMABAD: The Finance Ministry here on Saturday categorically refuted as baseless the news item aired by a private... Updated 24 Dec, 2023 09:56am
Editorials Macroeconomic indicators not satisfactory EDITORIAL: External borrowing failed to meet the budgeted target by 51 percent as per data released by the Pakistan... Published 21 Dec, 2023 03:54am
Markets Another positive week KARACHI: The rupee witnessed another positive week as it appreciated Re0.61 or 0.21% against the US dollar in the... Published 18 Dec, 2023 06:42am
Editorials Fitch maintains rating EDITORIAL: Fitch has maintained Pakistan’s rating at CCC positive — a rating that has been stable since 10 July... Published 18 Dec, 2023 06:42am
Business & Finance Fitch maintains foreign currency IDR rating at CCC ISLAMABAD: Fitch rating agency maintained Pakistan’s long-term foreign-currency issuer default rating (IDR) at... Published 14 Dec, 2023 05:24am
Editorials Modest upturn in the economy EDITORIAL: The stock market benchmark, yet again, crossed another psychological barrier, this time of 66,000 points,... Published 12 Dec, 2023 05:28am
Editorials SBA’s first tranche: So why the delay? EDITORIAL: International Monetary Fund’s (IMF’s) Board calendar till 14 December surprisingly does not include... Published 07 Dec, 2023 04:35am
Markets PKR: only a marginal improvement KARACHI: The rupee saw marginal improvement in the previous week as it appreciated 0.14% or Re0.40 against the US... Published 04 Dec, 2023 05:35am
Opinion Pakistani rupee: a wayward currency Hard currencies like the US dollar, Euro, pound, are independent free floats, and their value contingent on demand... Published 27 Nov, 2023 06:13am
Print Forex reserves fall by $79m KARACHI: The country’s total liquid foreign exchange reserves fell by $79 million during the last week due to... Updated 17 Nov, 2023 08:39am
Editorials Staff-level agreement reached EDITORIAL: The staff-level agreement (SLA) on the first review of the nine-month 3 billion dollar International... Published 17 Nov, 2023 06:06am
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