IMF Stand-By Arrangement

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IMF Stand-By Arrangement

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Business

Web Desk
Jul 04, 2024

SBP’s forex reserves surge by $493.7 million amid multilateral support

The State Bank of Pakistan (SBP) reported a notable increase in its foreign exchange reserves, which surged by $493.7 million.

Business

Web Desk
May 30, 2024

SBP reserves drop by $63.3 million due to debt repayments

The foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $63.3 million, or 0.69 per cent, to $9.09 billion.

Latest

Web Desk
May 03, 2024

IMF likely to demand pension reforms

The FBR is considering bringing monthly pension of Rs100,000 under the tax net. There is another proposal to slap a flat rate of 10 percent on the taxable ceiling amounts of pensioners.

Business

Web Desk
Feb 24, 2024

Pakistan borrows $6.3 billion in seven months

Pakistan borrowed $6.306 billion in the first seven months of fiscal year 2023–24, surpassing the $6.134 billion borrowed last year.

Pakistan

Web Desk
Jan 07, 2024

UN forecasts modest economic growth for Pakistan in 2024 and 2025

United Nations (UN) anticipates a “modest economic growth” of 2 per cent for Pakistan in the year 2024, with a slight improvement in 2025.

Business Pakistan

Web Desk
Nov 25, 2023

FinMin foresees gradual inflation reduction amid improved financial management

Caretaker Finance Minister Shamshad Akhtar has expressed optimism that inflation in Pakistan will gradually decrease due to the country’s improved financial management.