IMF Loan
KSE-100 index closes 309 points down; analyst says market also weighed down by rumours of interest rate hike.
Updated 30 Aug, 2022 04:34pm
N-League women workers, lawmakers hold protest; Asad Umar says ‘nothing wrong’ in leaked conversations.
Updated 30 Aug, 2022 09:29am
Extension of programme till end-June 2023 approved; govt required to raise power rates to meet Fund’s terms.
Updated 30 Aug, 2022 08:16am
Finance Minister Miftah Ismail congratulates nation; PM Shehbaz calls the development "major step forward in our efforts to put Pakistan’s economy back on track".
Updated 29 Aug, 2022 11:05pm
Say Tarin had asked Punjab and KP finance ministers to request federal govt to renegotiate with IMF, asks if it is not "good advice" in light of flooding crisis.
Updated 31 Aug, 2022 07:04pm
If the board approves the deal, the IMF will immediately disburse about $1.2 billion to Pakistan.
Updated 29 Aug, 2022 07:27am
IMF sources say Jhagra’s letter "will not affect" deal.
Updated 28 Aug, 2022 07:32am
Provincial surplus "next to impossible", says KP minister; Miftah says will sit down with KP counterpart to resolve differences.
Updated 27 Aug, 2022 07:59am
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
