IMF Loan
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
Stresses need for consolidating fiscal position; vows govt committed to reviving IMF programme.
Published 26 May, 2022 12:31pm
Fund irked by govt’s indecision on fuel, power subsidies and previous regime’s violation of $6bn programme commitments.
Updated 26 May, 2022 12:52pm
Says the context of the deal has changed from the time it was negotiated; calls for keeping "Pakistan's word to plead its cause".
Updated 26 May, 2022 09:49am
Says "will bring good news"; claims IMF team refused to come to Pakistan because of Imran Khan's planned march to Islamabad.
Updated 23 May, 2022 01:09pm
Likely to revise fuel, electricity prices within days and ban import of 30 luxury items, including vehicles and mobile phones.
Updated 19 May, 2022 07:28am
Says some of the factors that adversely affected the economic situation "were beyond the control of the govt".
Updated 18 May, 2022 07:43pm
Minister says talks are focused on subsidies given by PTI govt as Fund believes these are not sustainable.
Updated 28 Apr, 2022 07:30am
It is time for those who have lived off the average Pakistani citizen to pay larger costs to stabilise the economy.
Published 26 Apr, 2022 07:39am
Miftah hints at withdrawing Rs21 per litre subsidy on petrol, besides further increasing fuel prices.
Updated 26 Apr, 2022 09:29am
Decision subject to a complete reversal of recently imposed subsidies; SBP autonomy will not be withdrawn.
Updated 25 Apr, 2022 10:14am
Miftah expresses inability to continue subsidy on petroleum products, says ex-PM Imran laid "trap" for his successors.
Updated 24 Apr, 2022 07:35am
“We can't afford to do the subsidies that we're doing. So we're going to have to curtail this,” says finance minister.
Updated 23 Apr, 2022 08:06pm
Says "we had a good meeting with the IMF Executive Board", reiterated present govt's commitment to reform process.
Published 23 Apr, 2022 07:21am
Embassy in Washington says finance minister will spend four days in US and attend IMF and WB meetings.
Updated 22 Apr, 2022 09:12am
Finance minister says top priority is to secure $1bn tranche, will be meeting Nawaz in London on the way to Washington.
Updated 21 Apr, 2022 08:12pm
Miftah says securing $1bn tranche "top priority", rules out abrupt increase in fuel prices.
Updated 21 Apr, 2022 07:28am
Pakistani delegation likely to meet fund officials this week in Washington.
Updated 18 Apr, 2022 09:13am
Sources say IMF has promised to work out measures for financial and economic stability and move towards building buffers.
Updated 16 Apr, 2022 09:56am
Finance adviser in-waiting accuses PTI government of leaving behind unprecedented economic mess.
Published 13 Apr, 2022 07:14am
Rupee has lost more than 3pc, or Rs5.4, in value since March 8 – when the no-trust motion was submitted in the NA.
Published 05 Apr, 2022 04:34pm
Fund’s country rep says "no concept of suspension" in IMF programme.
Updated 05 Apr, 2022 11:23am
Financial services question Islamabad’s ability to continue reforms agreed with IMF.
Updated 04 Apr, 2022 07:45am
Finance ministry hopes to take its case to the Fund’s executive board.
Updated 25 Mar, 2022 09:04am
Govt must make the wealthy contribute a larger share in taxes rather than imposing any more burden on those already struggling.
Published 24 Mar, 2022 07:22am
Sources say the IMF has raised questions about the impact of relief measures announced by the govt and their financing guarantees.
Updated 24 Mar, 2022 07:39am
Finance minister makes it clear there are no more outstanding issues as the IMF only wants to ascertain sources of funding.
Published 21 Mar, 2022 07:45am
Fund seeks details of proposed cuts to development funds.
Updated 19 Mar, 2022 07:23am
Expresses concern over govt’s ‘one step forward, two steps back’ approach on critical reforms.
Updated 12 Mar, 2022 07:46am
