International Monetary Fund (IMF) Latest News Photos and Videos

Home
International Monetary Fund (IMF)

Tag: International Monetary Fund (IMF)

Business

Web Desk
Jun 04, 2024

Government decides against taxing pensions in FY25 budget

The government directed tax authorities to explore alternative revenue measures to prevent taxing pensioners.

Business Pakistan

Web Desk
May 28, 2024

IMF forecasts substantial increase in Pakistan’s trade deficit

The IMF’s projections indicate that Pakistan’s trade deficit could reach $27.923 billion. Specifically, the volume of imports is forecasted to be $60.48 billion, with exports estimated at $32.56 billion for the next fiscal year (FY2024-25).

Pakistan

Web Desk
May 21, 2024

NEPRA to consider Rs3.49 per unit electricity price hike

Approval of the proposal could potentially shift a burden of Rs34.5 billion to consumers, although not all electricity consumers will be affected by the increase.

Business Pakistan

Web Desk
May 17, 2024

Pakistan, IMF continue negotiations over new bailout package

Sources indicate that the interest on Pakistan’s loans is projected to soar to an unprecedented Rs 9,787 billion in the next financial year.

Business

Web Desk
May 12, 2024

IMF approves central bank’s decision to keep policy rate unchanged

IMF recommended continued proactive accumulation of reserves through interbank purchases, but also cautioned against expectations of continued rupee stability in the future.

Pakistan

Web Desk
May 10, 2024

IMF demands pension tax on retired government employees

A key point of contention is the IMF’s proposal to tax retiree pensions. Finance Minister Muhammad Aurangzeb has acknowledged that the final size and duration of the loan program remain undecided, but details are expected to be finalised soon.

Business

Web Desk
May 06, 2024

Pak-Saudi investment conference begins on a hopeful note

Deputy Investment Minister of Saudi Arabia Ibrahim Almubarak highlighted the significant contribution of Pakistani workers in Saudi Arabia and expressed Saudi investors’ interest in various sectors of Pakistan’s economy.

Latest

Web Desk
May 03, 2024

US stands firm in backing Pakistan’s economic efforts: Matthew Miller

Business Pakistan

Web Desk
Apr 25, 2024

IMF executive board to consider $1.1 billion funding for Pakistan

The funding would be the second and final tranche of a $3 billion standby agreement between Pakistan and the IMF.

Business

Web Desk
Apr 23, 2024

There is no Plan B when you are in IMF loan program: Finance Minister

FM Aurangzeb shed light on the improvements in Pakistan’s financial reserves to the current reserve level of $8 billion. He also said that Pakistan’s foreign exchange reserves are projected to reach $10 billion by June 2024.