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Business

Web Desk
Mar 21, 2024

Pakistan requires another IMF programme to revitalise economy: PM Shehbaz

Prime Minister (PM) Shehbaz Sharif asserted during a cabinet meeting on Wednesday that Pakistan must embark on another International Monetary Fund (IMF) programme to revitalise the economy and steer the nation towards development.

Business

Web Desk
Feb 10, 2024

Political uncertainty triggers a significant drop in Pakistan’s dollar bonds

Pakistan’s dollar bonds due in 2051 experienced a significant decline, marking the most substantial decrease since July 2023.

Business

Web Desk
Oct 27, 2023

PKR slips for fifth consecutive day, closes at Rs280.57 versus US dollar

In a consecutive fifth decline, the Pakistani rupee (PKR) weakened by 0.17 per cent against the US dollar (USD) in the inter-bank market on Friday, according to the State Bank of Pakistan (SBP).

Business

Web Desk
Oct 09, 2023

Pakistan eyes second IMF tranche amid reforms

Pakistan is optimistic about clearing the International Monetary Fund’s (IMF) economic review next month, a milestone that could lead to the disbursement of approximately $700 million.