The World Bank recommends a “bold economic reform plan” for recovery. What is new?
Economy expected to grow by only 1.8% in the current Fiscal year; WB
Pakistan’s GDP stands at 1% for Q2FY24, falls below expectations
Finance ministry previously anticipated economic growth at 3%
New cabinet committee under Aleem Khan to work on ease of doing business. What measures will it take?
Committee aims to bring Pakistan up by a hundred places in the EODB ranking within three years
Pakistan receives $6.67bn in loans in 8MFY24
Data shows country's external borrowing drops in first eight months of current fiscal year
Pakistan’s foreign reserves rise by $105mn to $13.4bn
SBP-held reserves stand at $8.017 billion while commercial banks have $5.372 billion
Pakistan records current account surplus of $128mn in February
Current account deficit amounted to $999 million in 8MFY24
The MPC is set to meet today. Should the SBP go for a rate cut?
Profit presents arguments both for, and against a rate cut
Govt to launch Panda bonds to boost foreign reserves
PM Sharif orders the Ministry of Finance to assess the feasibility of issuing bonds
IMF urges Pakistan to reevaluate fiscal distribution framework
Calls for reopen discussions on National Finance Commission award amid concerns over federal-provincial imbalances.
‘Pakistan eagers to negotiate larger, longer financial lifeline from IMF’
Aurangzeb outlines his priorities for economic reforms, including enhancing revenue collection through FBR’s digitisation
Aurangzeb’s appointment is a positive step in right direction: Bloomberg
Sharif’s return increases the chances of securing a new IMF package, says analyst
Pakistan, IMF likely to commence talks from March 15
Islamabad will request a new loan of $6bn to $8bn along with the last tranche of $1.1bn under the ongoing program
Workers’ remittances decline 6.2% MoM in February
Remittances increase by 13% YoY, reaching a total of $2.2 billion
IMF 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
SBP-held forex reserves fall $54mn due to debt repayment
Total reserves stand at $13.02 billion below the IMF target