IMF Loan
Petrol price raised to Rs290.45, high speed diesel's to Rs293.40.
Published 16 Aug, 2023 12:21am
IMF had held consultations with political parties before it approved a new loan programme for Pakistan earlier this month.
Published 22 Jul, 2023 11:26pm
Staff report says growth is likely to “pick up moderately” in current fiscal year, urges Pakistan to continue monetary policy tightening cycle.
Updated 18 Jul, 2023 10:31pm
In phone call with Kristalina Georgieva, PM Shehbaz expresses gratitude for her support, assistance in materialising $3bn deal.
Updated 14 Jul, 2023 11:47pm
Economists emphasise that while IMF nod for new loan programme provides country with much-needed breathing space, govt needs to focus on reforms.
Published 13 Jul, 2023 12:43am
Allows for an immediate disbursement of $1.2bn; PM Shehbaz terms development a "major step forward".
Updated 13 Jul, 2023 12:00am
Says the upgrade reflects Pakistan's improved funding conditions following its staff-level agreement with IMF.
Updated 10 Jul, 2023 06:56pm
PBC CEO says wholesalers, retailers and undocumented real estate sector spared taxes due to political reasons.
Updated 10 Jul, 2023 08:34am
Equates situation to "return of the East India Company, when notables were asked to support the company’s policies".
Updated 08 Jul, 2023 08:45pm
Hammad Azhar says discussions took place around staff-level pact on new standby arrangement; PTI chief says will "endorse" new deal until next govt is formed.
Updated 07 Jul, 2023 11:56pm
‘Colonialism’ and ‘imperialism’ drip easily off our tongues.
Updated 07 Jul, 2023 09:41am
Analysts attribute rally to standby agreement with IMF, payments made to independent power producers.
Updated 06 Jul, 2023 05:21pm
Analyst says IMF agreement has granted Pakistan's economy "breathing space".
Updated 03 Jul, 2023 09:49pm
The interest rates will likely remain high as the IMF requires the State Bank to remain proactive in line with inflationary pressure.
Updated 03 Jul, 2023 09:55am
Pakistan stands at a critical juncture where it must take transformative measures.
Updated 02 Jul, 2023 09:05am
If Pakistan follows the IMF programme, it can unblock financing and easily secure debt rollovers to shore up its foreign currency stocks.
Updated 02 Jul, 2023 08:08am
Nine-month standby arrangement comes hours before expiry of previous package; $3bn package needs to be approved by IMF board.
Published 02 Jul, 2023 07:07am
Higher energy tariffs, policy rate remain key concerns for industry.
Updated 02 Jul, 2023 09:17am
Under watchful eyes of IMF, govt will try to limit further build-up in circular debt by ensuring tariffs are reset in timely manner.
Updated 02 Jul, 2023 09:32am
New IMF programme will lead nowhere if we fail to reach national consensus on structural reforms.
Updated 02 Jul, 2023 07:50am
Challenging reforms, more funding, full and timely implementation of IMF programme are critical for pact's success.
Published 30 Jun, 2023 06:54pm
Says the Paris meetings with IMF officials were the "turning point" in the breakthrough with the Fund for negotiations.
Updated 30 Jun, 2023 09:47pm
Agreement is under an SBA as the existing Extended Financing Facility programme signed in 2019 expires later today.
Published 30 Jun, 2023 02:29pm
9-month stand-by arrangement is subject to approval by IMF's executive board in July; analysts emphasise sticking to pact conditions.
Updated 30 Jun, 2023 08:17pm
IMF mission chief says Islamabad has taken "decisive measures" in recent days; Dar hoping for release of $2.6bn in pending funding.
Updated 27 Jun, 2023 11:04pm
In phone call with PM, govt says IMF MD acknowledged finance minister and his team's efforts for completion of IMF programme.
Updated 27 Jun, 2023 03:57pm
Will Pakistan be able to get additional forex inflows of 11bn in next two quarters without revival of the current IMF programme?
Published 26 Jun, 2023 05:46am
Amid reassurances of self-sufficiency and an expansionary budget, the govt continues to engage the IMF for the $1.2bn tranche.
Updated 26 Jun, 2023 09:21am
Finance Bill imposing Rs215bn more taxes approved; Asif urges NA not to pass bill seeking perks for senators.
Updated 26 Jun, 2023 07:48am
Finance Minister Ishaq Dar defends move to implement reforms in pensions scheme.
Updated 25 Jun, 2023 04:36pm
