IMF Loan
FBR says measures to yield around Rs20bn.
Updated 25 Aug, 2022 09:22am
Tax rates on tobacco sector raised to collect Rs18bn; passenger, goods transport vehicles made capital value tax-exempt.
Published 23 Aug, 2022 07:30am
There is a close nexus between economic recovery and political certainty.
Updated 22 Aug, 2022 08:46am
IMF deal with Pakistan may include strict conditions on governance, aimed at curbing financial corruption, say sources.
Updated 22 Aug, 2022 09:49am
Miftah unveils fresh revenue measures of over Rs50bn; new taxes for retailers, tobacco industry; subsidies exempted from GST.
Updated 19 Aug, 2022 08:09am
Rs5 and Rs10 monthly PDL hike in diesel and petrol; no intervention in exchange rate; phaseout of Ehsas Ration Programme.
Updated 18 Aug, 2022 07:28am
Price of petrol raised by Rs6.72 per litre to Rs233.91; light diesel oil rate inched up by 43 paisa per litre to Rs191.75.
Updated 16 Aug, 2022 11:09am
Miftah says letter of intent for programme’s revival to be signed, returned to lender in coming days.
Updated 13 Aug, 2022 07:14am
The withdrawal of tax on retailers will now be collected from other taxpayers to make up for the loss.
Updated 12 Aug, 2022 09:15am
All the policies and tough decisions implemented by the PML-N-led ruling coalition have so far translated to firefighting.
Updated 06 Aug, 2022 08:33am
Crucial debt restructuring is a pre-condition before the IMF will approve a bailout for the country.
Updated 06 Aug, 2022 10:08am
Perhaps IMF Executive Board is waiting to see whether there'll be change in Islamabad now that Punjab has spun out of its control.
Updated 04 Aug, 2022 08:57am
Resident representative says board meeting tentatively planned for late Aug once adequate financing assurances are confirmed.
Published 02 Aug, 2022 01:40pm
Blurring of institutional boundaries over several years has led to a regrettable situation.
Updated 01 Aug, 2022 10:02am
Govt struggles to arrange Rs100bn emergency funding to avoid default on oil, gas payments and keep IMF staff-level pact intact.
Updated 01 Aug, 2022 07:17am
Miftah announces withdrawal of fixed tax of Rs3,000 on small traders with electricity consumption of less than 150 units per month.
Updated 01 Aug, 2022 07:35am
"IMF Executive Board’s meeting could take place before Aug 20, if recommendations are sent to the board by Aug 6," says a source.
Updated 01 Aug, 2022 07:41am
Move part of measures to conform with IMF pre-conditions for release of $1.18bn tranche.
Updated 30 Jul, 2022 08:06am
Bajwa's conversation with Wendy Sherman on early release of IMF tranche reported by media; COAS, Centcom chief discuss security.
Updated 30 Jul, 2022 07:43am
Tariff for those consuming 101-200 units per month increased by Rs7.21, rate for consumers using 201-300 units goes up by Rs8.31.
Published 23 Jul, 2022 07:20am
The wiser option may be to seek a fresh, clear public mandate, instead of completing the term.
Updated 21 Jul, 2022 08:50am
Premier has called a federal cabinet meeting today to discuss economic and political situation.
Updated 21 Jul, 2022 08:14am
Bloomberg report claims Fund "assessing Saudi commitment to financing Pakistan" before fresh disbursement.
Updated 21 Jul, 2022 08:00am
IMF’s communication director says executive board, which will approve the loan package, likely to meet in three to six weeks.
Updated 20 Jul, 2022 07:38am
Warns of political challenges to complete bailout programme; says govt may find raising petroleum levies, power tariffs difficult.
Updated 19 Jul, 2022 07:00am
Official says total disbursements from the IMF to Pakistan under the ongoing program are around $4.2 billion.
Updated 16 Jul, 2022 12:54pm
Finance minister says now that the country has been saved from "bankruptcy", the govt can aim for "economic development".
Updated 19 Jul, 2022 04:12pm
Fund says agreement subject to approval by its Executive Board; Pakistan at "challenging economic juncture".
Updated 14 Jul, 2022 06:02pm
Miftah says Fund going through "internal approval processes"; insists no more outstanding issues between both sides.
Published 14 Jul, 2022 07:17am
The Sri Lankan turmoil is a classic example of an economy caught in an acute debt trap.
Updated 13 Jul, 2022 09:33am
