What kind of policy actions are needed to reduce our dependency on the Fund?
PM meets Chinese VP and UN chief; hopes for greater US "engagement" with China.
Says the report “misrepresents” the country’s external financing requirements and interest payments for the current fiscal year.
Rs10bn subsidy planned to protect the poor in Balochistan; more cash proposed for urban BISP recipients.
Says giving "any other colour" to IMF talks is "disingenuous", Pakistan maintains a policy of “strict neutrality” on Russia-Ukraine conflict.
The current crisis is very different from past ones in nature, scope as well as severity.
The interim premier seeks PIA restructuring plan, orders steps to curb irregular border crossings.
Market is now left wondering if substantial backing of the IMF cannot bolster the rupee, who or what can.
Elizabeth Horst says Washington helping Islamabad on economic front.
Shamshad Akhtar says interim set-up has "inherited" the IMF programme and hence it is "non-negotiable".
In phone call with FM Jilani, US official discusses importance of timely, free and fair elections in manner consistent with Pakistan's Constitution.
Solangi says decisions expected to be announced in few hours; move comes after protests over exorbitant bills on back of significant increase in national average tariff.
PKR closes at Rs302 in interbank market.
Pakistan has been discussing outsourcing of operations of several of its state-owned assets, including airports.
Petrol price raised to Rs290.45, high speed diesel's to Rs293.40.
IMF had held consultations with political parties before it approved a new loan programme for Pakistan earlier this month.
Staff report says growth is likely to “pick up moderately” in current fiscal year, urges Pakistan to continue monetary policy tightening cycle.
In phone call with Kristalina Georgieva, PM Shehbaz expresses gratitude for her support, assistance in materialising $3bn deal.
Economists emphasise that while IMF nod for new loan programme provides country with much-needed breathing space, govt needs to focus on reforms.
Allows for an immediate disbursement of $1.2bn; PM Shehbaz terms development a "major step forward".
Says the upgrade reflects Pakistan's improved funding conditions following its staff-level agreement with IMF.
PBC CEO says wholesalers, retailers and undocumented real estate sector spared taxes due to political reasons.
Equates situation to "return of the East India Company, when notables were asked to support the company’s policies".
Hammad Azhar says discussions took place around staff-level pact on new standby arrangement; PTI chief says will "endorse" new deal until next govt is formed.
‘Colonialism’ and ‘imperialism’ drip easily off our tongues.
Analysts attribute rally to standby agreement with IMF, payments made to independent power producers.
Analyst says IMF agreement has granted Pakistan's economy "breathing space".
The interest rates will likely remain high as the IMF requires the State Bank to remain proactive in line with inflationary pressure.
Pakistan stands at a critical juncture where it must take transformative measures.
If Pakistan follows the IMF programme, it can unblock financing and easily secure debt rollovers to shore up its foreign currency stocks.