IMF Loan
Pakistan likely to receive $700m tranche next day.
Published 21 Nov, 2023 07:10am
While the feel-good sentiment is there in the economy, the IMF obligates the government to implement policies that lead to inflation and joblessness.
Updated 20 Nov, 2023 09:30am
FPCCI reiterates Pakistan must embark on a tangible, pragmatic and business-friendly plan to get rid of IMF.
Updated 17 Nov, 2023 08:00am
Pakistan will receive $700 million after approval from the Fund’s Executive Board.
Updated 15 Nov, 2023 10:53pm
No major hurdle to completion of first review under $3bn SBA; $710m tranche likely in Dec.
Published 14 Nov, 2023 07:14am
Ministry says plan will focus on leveraging private sector engagement, international climate finance, carbon markets; policy-level talks likely to begin today.
Published 13 Nov, 2023 07:39am
Strategy's blueprint represents a significant milestone in Pakistan’s efforts to bolster its fiscal framework, says senior tax official.
Updated 12 Nov, 2023 09:20am
The caretakers have received their share of praise, but an "invisible hand" and its "magic wand" are also at play.
Updated 29 Oct, 2023 08:03am
Senate panel chairman says Finance Minister Shamshad Akhtar stressed need for charter of economy, fears increase in petrol price will "mess up" plan.
Published 28 Sep, 2023 10:07pm
What kind of policy actions are needed to reduce our dependency on the Fund?
Updated 22 Sep, 2023 09:56am
PM meets Chinese VP and UN chief; hopes for greater US "engagement" with China.
Updated 22 Sep, 2023 08:47am
Says the report “misrepresents” the country’s external financing requirements and interest payments for the current fiscal year.
Updated 21 Sep, 2023 12:05am
Rs10bn subsidy planned to protect the poor in Balochistan; more cash proposed for urban BISP recipients.
Updated 19 Sep, 2023 07:28am
Says giving "any other colour" to IMF talks is "disingenuous", Pakistan maintains a policy of “strict neutrality” on Russia-Ukraine conflict.
Published 18 Sep, 2023 11:21pm
The current crisis is very different from past ones in nature, scope as well as severity.
Updated 14 Sep, 2023 09:21am
The interim premier seeks PIA restructuring plan, orders steps to curb irregular border crossings.
Updated 06 Sep, 2023 07:35am
Market is now left wondering if substantial backing of the IMF cannot bolster the rupee, who or what can.
Published 04 Sep, 2023 06:06pm
Elizabeth Horst says Washington helping Islamabad on economic front.
Updated 03 Sep, 2023 10:45am
Shamshad Akhtar says interim set-up has "inherited" the IMF programme and hence it is "non-negotiable".
Published 30 Aug, 2023 05:10pm
In phone call with FM Jilani, US official discusses importance of timely, free and fair elections in manner consistent with Pakistan's Constitution.
Updated 30 Aug, 2023 10:40pm
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.
Updated 30 Aug, 2023 02:53pm
PKR closes at Rs302 in interbank market.
Updated 29 Aug, 2023 04:52pm
Pakistan has been discussing outsourcing of operations of several of its state-owned assets, including airports.
Published 23 Aug, 2023 10:59pm
Petrol price raised to Rs290.45, high speed diesel's to Rs293.40.
Published 16 Aug, 2023 12:21am
IMF had held consultations with political parties before it approved a new loan programme for Pakistan earlier this month.
Published 22 Jul, 2023 11:26pm
Staff report says growth is likely to “pick up moderately” in current fiscal year, urges Pakistan to continue monetary policy tightening cycle.
Updated 18 Jul, 2023 10:31pm
In phone call with Kristalina Georgieva, PM Shehbaz expresses gratitude for her support, assistance in materialising $3bn deal.
Updated 14 Jul, 2023 11:47pm
Economists emphasise that while IMF nod for new loan programme provides country with much-needed breathing space, govt needs to focus on reforms.
Published 13 Jul, 2023 12:43am
Allows for an immediate disbursement of $1.2bn; PM Shehbaz terms development a "major step forward".
Updated 13 Jul, 2023 12:00am
Says the upgrade reflects Pakistan's improved funding conditions following its staff-level agreement with IMF.
Updated 10 Jul, 2023 06:56pm