IMF Loan
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
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
