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Pakistan

Web Desk
Mar 16, 2024

Government guarantees IMF on electricity prices surge

Specifically, the government has pledged to the IMF a prompt increase in electricity tariffs, indicating a potential surge in prices effective from July 1. This adjustment is expected to occur on a monthly, quarterly, and annual basis.

Pakistan

Web Desk
Mar 13, 2024

Pakistan is aiming for a larger, more extended IMF program: FM

Finance Minister highlighted the significance of maintaining continuity in the IMF program, noting that it serves as a crucial catalyst for promoting economic discipline and sustainability.

Business Pakistan

Web Desk
Mar 08, 2024

IMF signals progress on $3 billion programme for Pakistan, await new cabinet formation

Pakistan’s current Stand-By Arrangement is set to expire in April 2024, having already received $1.9 billion under this program.

Business Pakistan

Web Desk
Feb 26, 2024

Pakistan to seek loan package plus climate finance from IMF

Sources said that the IMF Board of Governors in its meeting in December last year had approved enhancing the quota of all countries and this decision will also be implementable over Pakistan.

Pakistan Politics

Web Desk
Feb 23, 2024

PTI under fire for urging IMF to halt funding for cash-strapped Pakistan

Khurram Dastgir slammed the PTI, claiming that the party was utilising political manoeuvres to “undermine the sanctity of various institutions for political gain”.

Business Pakistan

Web Desk
Feb 22, 2024

Pakistan achieves 25 of 26 targets set by IMF for second review

According to a report compiled by the finance ministry, Pakistan has achieved 25 targets of the international lender, the sources said and added that a report has been dispatched to the IMF.

Politics

Web Desk
Feb 17, 2024

Miftah Ismail wants PML-N to form government with PTI

The former federal finance minister stated that inflation is increasing by 25 per cent every month and that more than 40 per cent of the entire country is poor.

Business Pakistan

Web Desk
Dec 08, 2023

IMF board likely to approve next tranche to Pakistan on January 11

The Fund’s Executive Board is likely to approve the next installment for Pakistan in its meeting in January next year which is part of a $3 billion Stand-By Arrangement (SBA) programme.