IMF Loan
Emphasises need for political will to implement reforms, clear communication with the public to navigate difficulties.
Updated 17 Dec, 2024 07:41am
Public optimism was in short supply at a time of political turmoil and economic stress.
Updated 16 Dec, 2024 09:15am
So long as the government does not realise that it needs to put its own house in order, growth will remain anaemic and the world will be reluctant to help.
Updated 15 Dec, 2024 08:59am
Gas prices rose 840pc, electricity by 110pc; rupee fell 43pc since 2019; sugar, wheat, palm oil, crude oil prices also saw major increases.
Updated 12 Dec, 2024 08:02am
First biannual review of $7bn programme due in February.
Updated 06 Dec, 2024 10:16am
Aurangzeb announces 10-year framework with World Bank to address population growth, stunting, climate change.
Updated 03 Dec, 2024 10:41am
Disputes reports of Punjab govt investing in an UAE-based fund.
Updated 18 Nov, 2024 10:48am
Lender urges Pakistan to "take steps to decrease state intervention in economy, enhance competition".
Updated 16 Nov, 2024 01:29pm
After being in deficit a fortnight ago, ministry’s figures show Punjab enjoying "surplus"; govt’s request to expand loan size discussed.
Updated 16 Nov, 2024 10:59am
Fears rise over "default-like situation" in PSO, 2 gas utilities; govt insists gas supply halt to CPPs "recipe for disaster" for 3 firms.
Updated 15 Nov, 2024 10:33am
Hike in petroleum levy, imposition of GST not expected anytime soon; govt sees economic activity picking up.
Published 14 Nov, 2024 08:03am
Unusual IMF visit shows the lender will closely watch implementation of programme goals to prevent it from derailing.
Published 13 Nov, 2024 08:01am
Holds introductory meeting with finance minister; govt pledges to end gas supply to captive power plants by Jan.
Published 13 Nov, 2024 07:15am
Unplanned official visit not part of first review under EFF; mission to stay in Pakistan till November 15, sources say.
Published 12 Nov, 2024 05:45pm
IMF staff on unplanned official visit, not part of first review under EFF.
Updated 12 Nov, 2024 07:52am
Finance ministry directs all state-owned firms to adopt standard regulations, reporting manuals.
Updated 04 Nov, 2024 07:42am
Decline mainly attributed to delay in securing IMF support package.
Updated 30 Oct, 2024 09:40am
Ministries directed to ensure schemes are completed within specified timelines.
Published 25 Oct, 2024 08:16am
The IMF’s recommendations often seem aligned with abstract economic models.
Updated 24 Oct, 2024 09:38am
Aurangzeb hopes to secure additional funding from IMF’s climate resiliency fund; hints at drop in benchmark rate in SBP meeting.
Updated 24 Oct, 2024 10:23am
Holds bilateral discussions with his counterparts from Saudi Arabia and Turkiye.
Updated 23 Oct, 2024 09:38am
Will engage in high-level talks with IMF, World Bank officials during his week-long visit.
Updated 21 Oct, 2024 11:00am
Discussions planned between Pakistani officials and their counterparts from China, Saudi Arabia, Turkiye.
Published 20 Oct, 2024 07:26am
There is a misplaced focus on numbers, with an emphasis on revenue generation instead of the fiscal structure.
Updated 18 Oct, 2024 09:51am
Says ongoing reforms may boost country’s growth by 2pc over five years, reduce inequality.
Updated 17 Oct, 2024 09:28am
Fiscal policy uncertainty increased and political red lines on taxation more entrenched, says report.
Published 16 Oct, 2024 12:01pm
Fiscal policy uncertainty increased and political red lines on taxation more entrenched, says report.
Published 15 Oct, 2024 01:05pm
Says Pakistan’s growth hindered by favouritism to these two segments; identifies textile sector as having highest tax gap relative to its value added.
Published 14 Oct, 2024 07:08am
Authorities will have to prove every six months that they are pursuing the IMF-mandated targets to secure the lender’s dollars and blessings.
Updated 13 Oct, 2024 08:59am
Lender warns Pakistan on SIFC, Sovereign Wealth Fund; govt promises to adjust gas, power tariffs, expand tax net to agriculture, retail sectors.
Updated 12 Oct, 2024 08:25am