IMF Loan
Pakistan needs champions of reform, not champions of empty rhetoric.
Updated 04 Jul, 2022 09:26am
Miftah says petroleum levy applied to revive stalled IMF programme; country’s fuel consumption jumped 20pc in last two months.
Updated 01 Jul, 2022 08:07am
It is crucial that the IMF reconsiders its stance and releases the funds at the earliest to calm uneasy markets.
Updated 30 Jun, 2022 08:31am
Additional prior actions include passage of budget as agreed with IMF, ensuring Rs750bn provincial surplus.
Updated 29 Jun, 2022 03:44pm
Finance Minister Miftah Ismail says there is now no danger of default, vows to bring furniture dealers and builders into tax net.
Updated 29 Jun, 2022 08:25am
MEFP contains certain prior actions necessary before IMF board takes up Pakistan's case for approval.
Updated 28 Jun, 2022 09:10pm
The steps taken by the government are reflective of the extremely sorry state of our economic affairs.
Updated 25 Jun, 2022 04:17pm
Fixed tax of Rs100 replaced with 2.5pc tax for individuals earning between Rs600,000 and Rs1.2m.
Updated 25 Jun, 2022 04:21pm
Year ahead is tough economically for a wide majority but an equitable and fair share of burden appears to be unavoidable.
Updated 25 Jun, 2022 04:16pm
Our political, economic imagination has been stunted by ‘experts’ who claim to be acting on basis of ‘objective’ economic facts.
Updated 24 Jun, 2022 10:18am
GDA's Fehmida Mirza protests over exclusion of her party from security briefing.
Updated 24 Jun, 2022 09:47am
Sherry Rehman concedes that that the proposed budget for the next year is eventually an IMF budget.
Updated 24 Jun, 2022 10:18am
Says National Highway Authority should consult relevant contractor on how to avoid further wastage of public money on the project.
Updated 24 Jun, 2022 08:08am
Says agreement with the lender "few days" away but warns that things wouldn't improve overnight even when deal is signed.
Updated 24 Jun, 2022 08:23am
Next few months will show how serious govt is about putting in place measures to strengthen country’s debt management outlook.
Updated 23 Jun, 2022 08:10am
Opposition stages token walkout over absence of ministers; Sherry says govt has to take tough decisions to break "debt trap".
Updated 23 Jun, 2022 10:25am
Lashes out at government's economic policies, says country headed towards "serious economic crisis".
Updated 22 Jun, 2022 11:56pm
Petroleum levy of Rs5 to be imposed each month, up to Rs50; Rs200bn in provisions for salaries, pensions set aside.
Updated 22 Jun, 2022 08:52am
Analyst says sentiment positive on the back of hopes that a staff level agreement with the IMF is close.
Updated 21 Jun, 2022 04:31pm
The more the agreement with the IMF gets delayed, the more unmanageable the economy will become.
Updated 21 Jun, 2022 07:14am
Says revival of EFF likely in "a day or two", promises to protect those with up to Rs1.2m annual earnings from income tax.
Updated 21 Jun, 2022 01:11pm
Says govt will tax well-to-do citizens but provide relief to the poor.
Updated 20 Jun, 2022 09:13pm
Sources say US has agreed to help Pakistan negotiate a deal.
Updated 20 Jun, 2022 08:57am
Says PTI wants not just elections, but free and fair elections; claims Miftah asked for "relief" from US envoy in Islamabad.
Published 20 Jun, 2022 07:25am
Gap between revenue and expenditure projections of Fund and government persists.
Published 20 Jun, 2022 07:21am
A media report claimed last week the lender asked Pakistan to renegotiate deals before paying Rs300bn to Chinese power plants.
Published 16 Jun, 2022 11:43am
Fund working with govt to reduce impact of austerity on country’s poorest classes; sources say IMF "concerned" about corruption.
Published 15 Jun, 2022 07:14am
Lender's resident representative says additional measures needed to strengthen budget.
Updated 14 Jun, 2022 09:13am
Fuel rates hiked by Rs30, power units priced Rs8 higher; Miftah announces Chinese debt rollover at cheaper rates.
Updated 03 Jun, 2022 07:42am
Prices of all petroleum products increased by Rs30; Miftah says PM to unveil package to protect poor from petroleum price hike.
Updated 27 May, 2022 09:05am
