Pakistan’s external financing requirements for IMF deal unchanged: IMF
KARACHI: Pakistan’s external financing requirements have not been changed in talks with the International Monetary Fund (IMF) over bailout funds, the IMF...
Pakistan cannot take harsh decisions on IMF instructions, says Ishaq Dar
ISLAMABAD: Finance Minister Ishaq Dar said on Thursday that Pakistan cannot take harsh decisions on the instruction of the International Monetary Fund...
‘Digital Pakistan’ in a coma: What is the cost of the broadband shut down?
The three days of internet outage have affected gig-workers, freelancers, PoS machines, and telco operators alike.Â
Pakistan’s deepening political crisis douses hopes for IMF relief
LONDON/KARACHI: The political crisis engulfing Pakistan is eroding hopes that the South Asian country can get its much needed programme with the...
Chinese company earnings reveal lopsided economic recovery
People in China splashed out on dining, travel and luxury goods after emerging from three years of pandemic restrictions but are still...
Could the bull-headed decision to arrest Imran Khan finally tip Pakistan towards default?
As former prime minister Imran Khan was pushed, manhandled, and shoved into the back of a rangers vehicle and hurried away into...
Rupee falls amid former premier’s arrest, Moody’s warning
LAHORE: The rupee witnessed uncertainty through intraday trading on Tuesday, with the interbank rate losing over Rs1 to reach 284.885 by 11...
Pakistan could default without IMF bailout, Moody’s warns
Pakistan could default without an International Monetary Fund (IMF) bailout as its financing options beyond June are uncertain, ratings agency Moody’s was...
China’s shrinking imports, slower exports growth darken economic outlook
China's imports contracted sharply in April, while exports rose at a slower pace, reinforcing signs of feeble domestic demand despite the lifting...
ECC approves Rs13.2b TSG for Pakistan Mortgage Refinance Company Ltd.
ISLAMABAD:Â The Economic Coordination of Cabinet has approved a Rs13.2 billion Technical Supplementary Grant in favor of Pakistan Mortgage Refinance Company Limited (PMRCL),...
Pakistan fails to satisfy IMF in maintaining forex reserves
Fund wants Pakistan to improve import cover to at least two months, equivalent to $6b
ADB plans increased climate portfolio in Pakistan through next 5-year partnership plan
The Asian Development Bank (ADB) is planning to increase its climate portfolio in Pakistan as part of its next Country Partnership Strategy...
Pakistan to pay $3.7b debt from May-June: Fitch Ratings
WASHINGTON: As the government struggles to secure a bailout from the International Monetary Fund (IMF), Fitch Ratings on Friday revealed that Pakistan...
Pakistan bailout review to conclude once financing in place: IMF
WASHINGTON: The International Monetary Fund (IMF) is working with Pakistani authorities to conclude a ninth review of a bailout programme, its mission...
Govt considering restoration of RD on vehicles, mobile phones
ISLAMABAD: The Federal Government is considering restoration of regulatory duties on vehicles and mobile phones.
Federal Board of Revenue (FBR), Chairman, Asim Ahmad...