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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

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.

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.

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.

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).

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.

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.

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.

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.

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.