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Tag: IMF agreement

Ukraine
World
  • AFP
  • Jun 30, 2025
IMF to provide Ukraine with $500 million after review

IMF say it maintains Ukraine’s 2025 growth forecast at 2pc-3pc, as a smaller electricity deficit is balanced by lower gas production and weaker agricultural exports

IMF last programme
Business
  • Web Desk
  • Nov 07, 2024
$7 billion ‘loan’ performance: IMF mission chief to visit Pakistan next week

IMF Mission Chief will be visiting Pakistan next week to discuss Islamabad’s performance regarding the $7 billion bailout program.

PM Shehbaz Sharif on reducing electricity prices
Business
  • Web Desk
  • Jul 13, 2024
PM Shehbaz urges FBR to revise revenue collection strategy

PM has advised FBR to reassess its approach to revenue collection in a bid to alleviate the country’s debt burden.

Shehbaz Sharif IMF programme
Pakistan
  • Web Desk
  • Jul 13, 2024
PM Shehbaz praises IMF agreement as a step toward economic stability

Prime Minister Shehbaz Sharif has expressed his satisfaction with the staff-level agreement between Pakistan and the IMF.

SBP held foreign exchange reserves
Business
  • Web Desk
  • Mar 28, 2024
SBP’s forex reserves edge up by $4 million

The latest data released on Thursday revealed a slight uptick in the foreign exchange reserves held by the State Bank of Pakistan (SBP).

Pakistan seeks loan from middle eastern banks
Breaking
  • Web Desk
  • Mar 21, 2024
SBP’s foreign exchange reserves surge by $105 million

The State Bank of Pakistan (SBP) witnessed a significant uptick in foreign exchange reserves, with an increase of $105 million.

SBP held foreign exchange reserves
Business
  • Web Desk
  • Dec 29, 2023
SBP reports notable surge in forex reserves, reaching $7.75 billion

In a notable surge, the State Bank of Pakistan (SBP) witnessed a substantial increase of $852 million in its foreign exchange reserves within a week, reaching a total of $7.75 billion as of December 22, according to data released on Thursday.

USD to PKR
Business
  • Web Desk
  • Dec 18, 2023
5th consecutive gain: rupee closes at Rs283.21 against dollar

In Monday’s interbank session, the Pakistani rupee (PKR) demonstrated resilience, appreciating by 4.77 paisa against the US dollar.

gold price international
Business
  • Web Desk
  • Dec 15, 2023
Gold prices in Pakistan climb with international market uptick

In a notable market development on Friday, gold prices in Pakistan experienced a modest upturn. The 24-karat gold, in particular, observed a rise of Rs300 per tola, concluding the trading session at Rs218,600.

Fitch ratings Pakistan
Business
  • Web Desk
  • Dec 13, 2023
Fitch maintains ‘CCC’ rating for Pakistan amid high external funding risks

In a recent development, Fitch Ratings, the American credit rating agency, has assigned a ‘CCC’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to Pakistan.

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