IMF Loan
Insists economy moving in right direction, calls for structural reforms; pledges no retreat on taxes, urges wholesalers and retailers to pay their share.
Updated 04 Sep, 2024 07:33am
The country must balance its Fund-fueled short-term economic growth plans with long-term sustainable plans to create a debt-free.
Updated 02 Sep, 2024 12:42pm
Pakistan’s economy still isn’t in a position to hold its own without multilateral and bilateral help.
Updated 30 Aug, 2024 08:39am
Syed, in The Economist , points out that “fresh thinking” is needed to accommodate creditors such as China and Gulf states.
Updated 29 Aug, 2024 05:47pm
Much of the worry over the loan stems from a lack of transparency regarding the cause of delay rather than the delay itself.
Published 29 Aug, 2024 08:37am
Pakistan is in the “advanced stages” of securing $2 billion in additional external financing required, says SBP chief.
Updated 27 Aug, 2024 04:34pm
Of late, though, China, Saudi Arabia, and the UAE appear a bit hesitant to lend a helping hand as promptly.
Updated 26 Aug, 2024 08:33am
Funding to help bridge external financing gap needed for pending IMF package; committee formed to negotiate with Chinese authorities.
Updated 24 Aug, 2024 10:15am
Asserts staff level agreement with IMF will be approved and government determined to collect tax from traders.
Published 23 Aug, 2024 10:40pm
This government is now clearly in reactive mode, and has lost the initiative when it comes to economic matters.
Updated 22 Aug, 2024 09:05am
Finance Minister Muhammad Aurangzeb says government is making "good progress" for board approval.
Published 21 Aug, 2024 10:09pm
Experts term Punjab govt’s move "positive", but believe Fund may seek explanation on source of funding.
Updated 19 Aug, 2024 08:04am
Punjab government’s ability to divert Rs45bn from its budget towards significant consumer subsidies is a step that only a province flush with cash can afford.
Updated 18 Aug, 2024 08:57am
Govt starts filling up four key positions in Debt Office.
Updated 16 Aug, 2024 10:26am
While energy experts agree on potential benefits of using local lignite in power plants, the transition is fraught with challenges.
Updated 08 Aug, 2024 07:42pm
Says Finance Minister Muhammad Aurangzeb told reporters the volume of rollovers will be the same as last year.
Published 06 Aug, 2024 10:10pm
Pakistan is at risk of being reduced to a supplicant in its key bilateral relationships.
Updated 05 Aug, 2024 08:45am
Govt’s proposed austerity plan aims to merge aviation, maritime divisions into defence ministry.
Updated 05 Aug, 2024 07:55am
Where developing a policy for restructuring FBR and expanding the tax net is concerned, the timing is not in our favour.
Updated 03 Aug, 2024 09:27am
Advises against politicising the issue; calls out inefficiencies, corruption in FBR, energy sector.
Updated 03 Aug, 2024 08:15am
Says Chinese President Xi Jinping had shown “keen interest in his idea” of using local coal to cut down imports.
Updated 02 Aug, 2024 06:45pm
Former, incumbent finance ministers attend SECP event; Dar dismisses concerns over heavy debt, highlights country’s potential.
Updated 02 Aug, 2024 10:30am
For many, incomes are no longer sufficient for covering household expenses.
Updated 02 Aug, 2024 08:54am
More than a month after the prime minister’s visit, they are only at the beginning of the process.
Updated 02 Aug, 2024 02:43pm
JUST when we thought that the new $7bn IMF bailout was within our grasp, the finance minister surprised the nation ...
Published 30 Jul, 2024 08:00am
Pakistan asks China, Saudi Arabia, UAE to roll over $12bn annual debt portfolio by three to five years.
Published 29 Jul, 2024 07:41am
Since the country’s creation, our decision-makers have always been on the lookout for an external cushion.
Updated 29 Jul, 2024 08:58am
The country needs political calm to stabilise the economy, not escalation of tensions.
Updated 22 Jul, 2024 08:46am
Energy sector debt re-profiling talks to be held in Beijing this month, says power minister.
Updated 22 Jul, 2024 08:09am
Plummeting exports as a ratio of GDP is one of the major reasons driving the current economic slowdown and the balance-of-payments crisis.
Updated 18 Jul, 2024 11:15am
