Fiscal deficit to GDP reduced, but external financing still falling short
Fiscal deficit reduces to 2.3% of GDP during July-Jan FY23, down from 2.8% in same period of FY22
China rolls over $2b loan to Pakistan, Dar confirms
Formal confirmation of refinancing would be made after completion of process
Garments industry appeals to end audit notices for timely tax refunds
According to an article in The Express Tribune, the garments industry in Pakistan is requesting an end to audit notices and instead,...
‘Pakistan awaits China’s decision on rollover of $2b loan that matured last week’
Support from friendly countries followed by IMF tranche would unblock flows cash from other multilateral agencies
IMF wants external financing commitments fulfilled to release funds, PM says
Lender wants Islamabad to explain fuel scheme before progressing any further
ECC defers price increase of 119 drugs
Industry’s demand of 38% increase in price shown red light by govt
Pakistan’s weekly inflation jumps to 46.65pc
ISLAMABAD: The weekly inflation, measured by Sensitive Price Indicator (SPI), witnessed an increase of 1.8 per cent to jump to 46.65pc on...
No bailout before agreement on Pakistan’s new fuel pricing scheme: IMF
Petroleum ministry given six weeks to work out pricing plan by govt which says resulting assumed prices would be Rs250 for “poor”, Rs352 for “rich”
As confusion reigns over govt’s proposed fuel plan, market confidence dips
Pakistan is treading on thin ice but really how thin can the ice become before cracking and taking the country down with it?
Pakistan’s CAD declines by 68% in FY23’s first eight months
Islamabad: During the first eight months of FY23, Pakistan's current account deficit (CAD) decreased by 68% to $3.8 billion from $12 billion...
Debt-stricken Sri Lanka to get first tranche this week
Sri Lanka will get the first $330 million tranche of an International Monetary Fund (IMF) bailout in the next two days, the global lender said...
Not consulted on plan to raise fuel prices to finance subsidy: IMF
Fund seeking more information on regarding scheme’s details and will viability discuss with Pakistani authorities
Default watch: Is the government giving up?
The government may have just given up on a deal with the IMF. The least they can do now is be honest
China deposits another $500m to Pakistan
LAHORE: Pakistan on Friday obtained $500 million as the second payment from the $1.3 billion facility provided by the Industrial and Commercial...
Despite global downturn, ed-tech sector sees hope with Maqsad’s $2.8 million round
LAHORE: Despite a global slump in venture financing and an abysmal year for Pakistan’s startup ecosystem, ed-tech startup Maqsad has managed to...