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Business

Web Desk
Jun 14, 2024

Pakistan’s revenue goals in new budget critical for IMF support: Moody’s

Moody’s Ratings, a global credit rating agency, expressed that Pakistan’s newly-announced budget for fiscal year 2024-25 could facilitate Islamabad’s ongoing negotiations with the International Monetary Fund (IMF) for a new Extended Fund Facility (EFF).

Business

Web Desk
Mar 14, 2024

Pakistan, IMF discuss fiscal strategy and energy sector sustainability

Pakistan’s Finance Minister, Muhammad Aurangzeb, engaged in discussions regarding structural reforms and the sustainability of the energy sector during a meeting with the International Monetary Fund (IMF) mission on Thursday, as per a statement released by the finance ministry.

Business

Web Desk
Dec 12, 2023

SBP keeps policy rate unchanged at 22% amid economic developments

The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has resolved to maintain the policy rate at 22 per cent.

Pakistan

Web Desk
Nov 15, 2023

Pakistan reaches staff-level agreement with the IMF

Pakistan has successfully reached a staff-level agreement with the International Monetary Fund (IMF) following the first review of a $3 billion bailout.