Government
IMF Reshapes Pakistan's Outlook
The International Monetary Fund (IMF) has revised Pakistan's foreign loan requirements for the current fiscal year, reducing it by $3.4 billion to $25 billion. The
IMF
World
Pakistan Unveils Retail Tax Reform
Pakistan has formally communicated to the International Monetary Fund (IMF) its intention to introduce an indicative income-based tax targeting retailers, with the aim of augmenting their annual
National
IMF Discusses Pakistan's Election Timing and SIFC
The International Monetary Fund (IMF) has raised concerns over the timing of Pakistan's next general elections and the functioning of the Special Investment Facilitation Council (SIFC)
National
Monetary Policy in Economic Correction
Interim Finance Minister Dr. Shamshad Akhtar highlighted the significance of Pakistan's monetary policy in addressing the country's economic challenges caused by fiscal imbalances. She
World
Pakistan's Commitment to Global Economic Ties
Dr. Shamshad Akhtar, Pakistan's Caretaker Finance Minister, has highlighted the nation's unwavering dedication to fostering economic prosperity and promoting international financial cooperation. Her remarks
Breaking News
Pakistan's FM Seeks High-Level IMF and World Bank Meetings
Pakistan's Finance Minister, Dr. Shamshad Akhtar, is currently attending the annual meetings of the International Monetary Fund (IMF) and the World Bank, seeking one-on-one
World
Marrakesh Meetings: IMF and World Bank in Africa
The International Monetary Fund (IMF) and the World Bank have embarked on their first annual meetings on the African continent in half a century. Against the backdrop of
Government
Ishaq Dar Asserts Real Value of USD Against PKR is Rs250
Former finance minister Ishaq Dar has expressed optimism regarding the upcoming IMF economic review, anticipating that its success will pave the way for Pakistan to receive a substantial
Government
Jamaat-e-Islami Chief Criticizes Government's Fuel Price Policie
In a candid address at an event in Lahore, Jamaat-e-Islami (JI) chief Sirajul Haq expressed his concerns over the recent actions of the caretaker government. He
Corporate
Foreign Banks Demand 10% Commission for Letters of Credit Amid Economic Challenges
In a startling development, foreign banks are now insisting on a substantial 10% commission to endorse letters of credit (LC) for importable consignments, as disclosed by informed sources
Government
Pakistan PM Proposes Parliament Dissolution
Pakistan's Prime Minister, Shehbaz Sharif, has put forth a proposal to dissolve the country's parliament on August 9, three days before its scheduled end,
National
Pakistani Rupee's Slide Continues Amid Dollar Inflows
The Pakistani rupee continues to face downward pressure against the US dollar, even with the recent surge in dollar inflows. For the second consecutive session, the rupee depreciated
National
Pakistan's Growing External Debt Concerns
In a recent report, the International Monetary Fund (IMF) has raised concerns about Pakistan's mounting external debt, which has reached a staggering $100 billion. The IMF
National
Government to Step Down Early, PM Shehbaz Sharif Announces
In a surprising turn of events, Prime Minister Shehbaz Sharif has declared that his government will step down before completing its tenure. Speaking at a laptop distribution ceremony
National
Pakistan Receives $1.2 Billion IMF Tranche
Pakistan has received a much-needed lifeline as the International Monetary Fund (IMF) deposited $1.2 billion into the State Bank of Pakistan (SBP) account. This initial disbursement
National
Pakistan's $3 Billion IMF Bailout: Reforms and Challenges
In a bid to rescue Pakistan from the brink of default and reinvigorate its reform agenda, the International Monetary Fund (IMF) has approved a $3 billion bailout package.