Debt inflows plunge amid dwindling forex reserves.
Decides that the PSC will examine and approve 4RF's policies, plans, strategies and standards and ensure fast-track approval of projects.
The panel includes Shah Jahan Mirza, who has already held the position four times, Salman Amin and Amjad Ali Awan.
Revenue shortfall key challenge to fund rehabilitation spending, debt servicing.
Policies, steps required to complete 9th review discussed; govt raises LPG rate by 30pc, finalises hike in power rates.
IMF mission chief for Pakistan Nathan Porter arrives in Islamabad; Fund starts technical discussion with Pakistani authorities today.
Pakistan should expedite the process of entering into fresh long-term import contracts since the supplier can demand an increase.
Premature hike in prices of four petroleum products did little to address ‘artificial’ shortage.
CDWP approves seven development projects worth Rs22.16bn including dredging of the navigation channel of Gwadar Port.
The move is intended to encourage use of electricity for heating in view of falling gas reserves.
Fund delegation will visits Islamabad from Jan 31 to Feb 9 to continue discussions regarding the 9th review of the $7bn EFF.
ECC okays Rs1bn for maintenance of apex court judges’ residences.
Dar tells US delegation that Pakistan would honour all its international commitments and is in the process of taking “very tough decisions”, sources say.
Khurram Dastgir says audit ordered to spot flaws in power system.
• Khurram Dastgir blames power outage on ‘frequency mismatch’ arising out of inadequate maintenance • Efforts to revive power...
After half a century, Pakistan and Russia have been warming up to a new phase of bilateral economic and strategic relations
Getting back on IMF programme won’t be a walk in the park in an election year.
Both sides sort out technical issues on insurance, transportation, payment mechanism; sign three accords for cooperation in customs, aviation.
Wants Fund mission to visit Islamabad within next week; official says no exit from default without lender’s support.
Pakistan and Russia express hope to sign protocols for boosting cooperation in nine major economic sectors including oil and LNG.