IMF Loan
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
Development comes as Islamabad has taken steps to reduce its expenditure, increase energy prices and improve tax collection.
Updated 10 Jul, 2022 08:55am
MoU signing was required for future IMF lending.
Updated 08 Jul, 2022 10:07am
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
