UAE confirms bilateral support of $1bn
ISLAMABAD: Minister for Finance and Revenue Senator Mohammad Ishaq Dar on Friday said that UAE authorities have confirmed to International Monetary Fund...
IMF Managing Director states Pakistan has not yet reached default level
The Finance Minister of Pakistan, Ishaq Dar, announced that the United Arab Emirates has informed the International Monetary Fund (IMF) that they...
The only thing worse than Pakistan’s foreign reserves is its savings reserves
With inflationary pressures, it’s becoming difficult for households to save money, but the big investors had given up way before
Pakistani delegation attends spring meetings of WB’s board of governors
Dar and Sardar Ayaz Sadiq will join and lead delegation in important bilateral meetings virtually
IMF confident in reaching agreement with Pakistan: Finance Ministry
The International Monetary Fund (IMF) has expressed optimism in reaching a staff-level agreement (SLA) with Pakistan, according to a statement by the...
Govt raises Rs143.74b in fixed-rate PIB auction
The government has exceeded its target of raising Rs100 billion through the auction of fixed-rate Pakistan Investment Bonds (PIBs) on Wednesday.
According to...
CBD’s work on Kalma Chowk underpass is almost done. Will it be worth it?
LAHORE: Commuters in Lahore may receive some respite soon with the completion of the Rs 5 billion Kalm Chowk Remodelling Project currently...
Pakistan moves closer to securing IMF loan as UAE pledges $1bn financing
Pakistan is reportedly close to securing a loan from the International Monetary Fund (IMF) after Saudi Arabia pledged $2 billion and the...
IMF slashes Pakistan’s growth rate projection to 0.5% for current fiscal
According to the latest World Economic Outlook (WEO) report released by the International Monetary Fund (IMF), Pakistan's real GDP growth rate projection...
PM Shehbaz Sharif assures “sincere” efforts to revive economy
ISLAMABAD: On Tuesday, Prime Minister Shehbaz Sharif reassured the public that his government is making "sincere" efforts to revive Pakistan's struggling economy....
How many more days are “a few more days”?
Dar tells the nation that the IMF tranche will come in a few more days but how believable are his claims
Business confidence continues to steep downwards amidst economic crises, shows Gallup Business Confidence Index
Inflation, Rupee depreciation, and loan default leave business community perilously worried about current and future conditions
Finance minister cancels visit to U.S. amid political uncertainty
Tariq Bajwa may replace Dar as Pakistan's representative at WB-IMF spring meetings
Saudi Arabia commits financial support to help Pakistan secure IMF deal: minister
Islamabad also in talks with UAE to secure assurance for deposits
Pakistan receives confirmation of $2bn in additional deposits from KSA
ISLAMABAD: Pakistan has received confirmation from Saudi Arabia of $2 billion in additional deposits, according to the International Monetary Fund (IMF), raising...