IMF Loan
The budget is not only bereft of an economic and political vision, it also shows the lack of capacity to think beyond narrow interests.
Updated 03 Jul, 2024 08:57am
Actual economic course correction has once again been put off for another time.
Updated 02 Jul, 2024 08:34am
Extends exemptions in certain sectors; proposed petroleum levy on diesel, petrol reduced from Rs80 to Rs70 per litre.
Updated 29 Jun, 2024 09:15am
Opposition lawmakers term budget "unrealistic anti-people and anti-industry".
Updated 29 Jun, 2024 08:32am
PPP earlier this week ended its boycott and agreed to vote for it despite certain reservations.
Updated 28 Jun, 2024 05:43pm
Aurangzeb unveils changes to finance bill, including zero rating on local sales of export industries, stationery items.
Updated 26 Jun, 2024 09:19am
No one from treasury benches defends govt’s economic policy; PPP continues "token boycott".
Updated 22 Jun, 2024 07:43am
The non-stop struggle for power has paralysed the state at the top, and stymied its attempt to develop a sound reform strategy.
Updated 20 Jun, 2024 09:52am
It just wants to take the easy route and enjoy the ride for however long it is in power.
Updated 18 Jun, 2024 09:00am
Today, economic policy in Pakistan consists of scrambling to meet IMF targets to pass the next review. All else is fluff.
Updated 13 Jun, 2024 09:47am
Agriculture sector sees growth of 6.25pc; finance minister says current account deficit lowered from $6bn to $200m.
Updated 12 Jun, 2024 04:08pm
Finance ministry official says some IMF demands, mainly regarding tax revenue target, are "very hard considering the current economic conditions”.
Updated 11 Jun, 2024 12:01am
The government is scrambling to secure Beijing’s appeasement to cushion probable economic blows from the IMF.
Published 10 Jun, 2024 08:27am
Since 2018, Fund has shifted its focus from budget deficit to ‘primary balance’.
Updated 09 Jun, 2024 11:14am
We should be looking somewhere else to ascertain what the purpose of the China trip really is.
Updated 06 Jun, 2024 09:47am
Pakistan’s initial experience under the 2019-2023 EFF programme underscores the importance of having a capable team that can negotiate effectively.
Updated 31 May, 2024 09:06am
It is abundantly clear that the prime minister, caught between public expectations and harsh IMF demands, is in a fix.
Updated 31 May, 2024 10:35am
We will find out in due course what it means to ‘strengthen cooperation’.
Published 30 May, 2024 08:38am
Special meeting floats proposals for "drastic cut" in govt expenditures; budget may be delayed to 2nd week of June due to PM’s China visit.
Updated 30 May, 2024 09:14am
Indian weather bureau says temperatures were 12 degrees higher than expected.
Updated 29 May, 2024 04:07pm
Each of the country's leaders is equally responsible for the deep pit Pakistan seems to have fallen into.
Updated 27 May, 2024 09:00am
To maximise revenue, the govt has one option: hike tax rates on all federal taxes or levy new taxes.
Updated 26 May, 2024 12:55pm
There needs to be continuity in economic policies, while development must be focused on bringing prosperity to the masses.
Updated 25 May, 2024 08:50am
Crackdown on illegal currency activities like smuggling of foreign exchange reduced pressures on the exchange rate.
Updated 25 May, 2024 09:01am
Aslam urges federal govt not to tax tribal districts, Malakand.
Updated 25 May, 2024 10:53am
The annual target of $17.4bn was not met.
Updated 25 May, 2024 10:21am
Reform programme "aims to move Pakistan from economic stabilisation to strong, inclusive, and resilient growth", says IMF mission chief.
Updated 24 May, 2024 12:58pm
It is clear that the next phase of economic stabilisation will be very tough for most of the population.
Updated 24 May, 2024 08:52am
The widening gap between the haves and have-nots is already tearing apart Pakistan’s social fabric.
Updated 23 May, 2024 08:51am
Mission set to fly out tomorrow without announcing staff level agreement; federal budget expected on June 7.
Published 23 May, 2024 07:29am