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Tag: economic issues

Pakistan Secures Crucial $3 Billion Nod from IMF in Nick of Time

Government
Pakistan has finally reached a staff-level agreement with the International Monetary Fund (IMF) on a much-awaited $3 billion stand-by arrangement, providing a lifeline to...

PM Holds Third Meeting with IMF Chief, Hopes for Loan Program Completion

Government
Prime Minister Shehbaz Sharif recently met with the Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, in Paris to reaffirm Pakistan's commitment...

Pakistan Implements Tax Reforms Worth Rs215bn to Secure IMF Funding

National
The Pakistani government has made significant changes to its budget for the upcoming fiscal year in an effort to secure critical funding from the...

Pakistan Pays for Russian Crude in Chinese Currency

National
In a significant development, Pakistan has paid for a shipment of discounted Russian crude oil in Chinese currency, according to Minister of State for...

Fact-Checking Rowan Atkinson’s Misconceptions about Electric Vehicles

World
In a recent opinion piece for The Guardian, comedian Rowan Atkinson expressed skepticism about the environmental benefits of electric vehicles (EVs). However, a response...

IMF Urges Programme-Compliant Budget in Pakistan to Unlock Funds for Economic Revival

National
The International Monetary Fund (IMF) has emphasized the need for Pakistan to pass a budget that aligns with the program objectives in order to...

Government Contemplates Law Amendment to Facilitate Inflow of Dollars

National
In an effort to attract billions of dollars to the country and avoid a potential default, the government of Pakistan is contemplating amending the...

Government Employees Await Promised Salary Boost of 20% in Upcoming Budget

National
In an announcement on Wednesday, Ashfaq Tola, Chairman of the Reforms & Resource Mobilisation Commission, revealed that government employees can expect a substantial pay...

Pakistan’s Economic Survey 2022-23 Unveils Modest Growth and Sector-Specific Challenges

National
The federal government of Pakistan is set to release the Economic Survey of Pakistan 2022-23 today, providing a comprehensive overview of the country's socio-economic...

Pakistan’s Budget Caught Between IMF Expectations and Impending Elections

National
The upcoming budget for the 2023-24 fiscal year in Pakistan is expected to strike a delicate balance between meeting International Monetary Fund (IMF) requirements...

Pakistani Rupee Faces Potential Depreciation as IMF Loan Program Looms

National
The Pakistani rupee has seen a slight recovery of 0.02% against the US dollar, reaching Rs285.35 in the interbank market. However, financial experts are...

IMF Urges Pakistan to Address Currency Market and Present Revised Budget Framework

Government
The International Monetary Fund (IMF) has called upon Pakistan to eliminate the dual exchange rate system and share a revised budgetary framework for the...
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