EconomyIMF ready to send mission to Pakistan for final review after cabinet formation
We look forward to working with the new government on policies to ensure macroeconomic stability, says the global lender’s communications director
Mar 8, 2024
News Desk
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Economy
HeadlinesPM pushes for handing over Discos to provinces to boost efficiency
Shehbaz Sharif directs Privatisation Commission to accelerate the process by quickly hiring Financial Advisors for the listed SOEs
Mar 8, 2024
HeadlinesConsortium to invest $300m to secure gas supply for urea production
It is argued that equalizing gas prices among urea manufacturers would encourage investment in plant modernization and expansion
Mar 8, 2024
HeadlinesCoalition govt pushes ahead with PIA's privatisation
PM seeks schedule for privatisation of flag-carrier, orders to remove hurdles in recovery of Rs 1.7 trn stuck-up taxes
Mar 7, 2024
World Business NewsIndia's fuel demand surges 5.7% due to booming economy
Diesel sales rise by 6%, attributed to heightened factory operations and a rising demand for truck transportation
Mar 7, 2024
HeadlinesSECP amends rules to improve Corporate Restructuring Companies
Amendments are aimed at fostering a conducive environment for Corporate Restructuring Companies
Mar 7, 2024
EconomySBP-held forex reserves fall $54mn due to debt repayment
Total reserves stand at $13.02 billion below the IMF target
Mar 7, 2024
HeadlinesPakistan’s external debt increases by $1.2bn in six months
Government's total external public debt stood at $86.358 billion at the end of September 2023
Mar 7, 2024
HeadlinesInternet restrictions: VPN demand increases 6,000% in Pakistan
Proton would launch free VPN services to combat censorship in election-holding countries
Mar 7, 2024
HeadlinesPSO seeks recovery of Rs21.7bn dues from PIA through jet fuel levy
Pakistan State Oil suggests implementing a Rs3 to 4 levy on Jet-A1 fuel as a viable option for dues recovery
Mar 7, 2024
HeadlinesGovt surpasses T-bill auction target, raising Rs527bn
This auction outcome demonstrates the banking sector's increasing interest in government bonds
Mar 7, 2024
World Business NewsEgypt signs $8 billion loan deal with IMF
Country implements biggest-ever interest-rate hike and allows its currency to weaken more than 38%
Mar 6, 2024