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Tag: economic issues

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

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

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

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

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

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

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

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

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

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

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

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

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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