IMF Loan
Petrol price reduced by Rs12.63, HSD down by Rs12.13; govt cuts petroleum development levy on petrol by Rs5.
Updated 01 Oct, 2022 07:48am
New ‘guardian of exchequer’ may have easier time than predecessor due to Nawaz’s backing.
Updated 27 Sep, 2022 12:51pm
Doha’s state-owned investment fund declares intent to invest $3bn during PM’s visit to energy-rich country.
Updated 26 Sep, 2022 10:36am
We are importing not only raw materials, but also the services to sustain them over the long term.
Updated 23 Sep, 2022 08:43am
Says to ensure sustainable policies, macroeconomic stability while aiding authorities in efforts to assist flood affectees.
Updated 19 Sep, 2022 09:19am
Pakistan’s total external debt and liabilities have already surged to 39.7pc of the GDP or $130.2bn.
Updated 13 Sep, 2022 09:05am
UAE announces $10m in relief assistance.
Updated 09 Sep, 2022 09:37am
Miftah says power tariff to come down next month; Indian onion, tomato imports to be considered if other sources unavailable.
Published 08 Sep, 2022 07:23am
A mature country does not require international agencies to coerce it towards prudent financial management.
Updated 03 Sep, 2022 08:44am
Pakistan will withdraw more tax exemptions, privatise 4 state-owned firms, get asset details of members of cabinet and parliament.
Updated 03 Sep, 2022 07:23am
Reach $8.86bn with the inclusion of $1.16bn from the IMF.
Updated 02 Sep, 2022 09:33am
The revival of the IMF deal gives the government some breathing space but it also allows the old complacency to return.
Updated 01 Sep, 2022 08:49am
Hike attributed primarily to exchange rate fluctuation, increase in the petroleum levy in line with commitment with IMF.
Updated 01 Sep, 2022 09:09am
Funds will help improve foreign exchange reserves, facilitate realisation of inflows from other sources, says SBP.
Updated 01 Sep, 2022 09:43am
The revival of the Fund agreement may have given us some respite, but challenges still loom.
Updated 31 Aug, 2022 08:57am
An IMF loan is not all that Miftah's legacy should be about.
Updated 31 Aug, 2022 08:43am
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
