US backs Pakistan’s continued IMF engagement for stability
Pakistan previously avoided default with a short-term IMF bailout, with a pressing need for a new agreement to maintain stability
PTI requests IMF to consider political stability in financial aid discussions
The Pakistan Tehreek-e-Insaf (PTI) party, has approached the International Monetary Fund (IMF) to incorporate considerations of Pakistan's political stability into its ongoing...
Foreign investors repatriate over $694mn from Pakistan in 7 months
UAE, UK, China lead in profit repatriation from Pakistan in FY 2024
Investor confidence in Pakistan increases, dollar bonds surpass market rate
The international investment community has shown increased interest in Pakistan's dollar bonds, highlighted by a significant uptick following the country's general elections,...
Economic recovery priority for PML-N, asserts Ishaq Dar
Senator Ishaq Dar, a senior leader of the Pakistan Muslim League-Nawaz (PML-N) and former finance minister, emphasized the necessity of joint efforts...
China’s cotton yarn imports from Pakistan hit record $695.6mn in 2023
China's import of cotton yarn from Pakistan soared to a record $695.6 million in 2023, up by 46.7%, according to the China...
SBP injects Rs776bn into market through OMOs
Rs481.5 billion was injected via reverse repo, Rs294.5 billion through Modarabah-based OMO
Caretaker govt claims credit for lowering borrowings
Expenditure rationalisation and revenue mobilisation seen as the salient features of the caretaker economic policy
Pakistan’s exports to South China see 16% increase in 2023
In a significant economic development, Pakistan's exports to South China recorded a 16% growth in 2023, according to a report by China...
SBP raises Rs361bn through Treasury Bills auction
The State Bank of Pakistan (SBP) exceeded its target in the latest auction of Market Treasury Bills (MTBs), raising Rs361 billion against...
Revenue collection by FBR increased by 30% during the first 8 months of FY24, is that a good thing?
Breaking down FBR’s “successful” run on the back of high taxes
Pakistan inks Himalayan pink salt export deal with US company
Pakistan inked a pivotal deal with American company Miracle Saltworks Collective Incorporation to enhance the value and export of Himalayan Pink Salt,...
Pakistan sees decline in foreign investment in January
The cumulative FDI for the first seven months of FY24 fell to $689.5 million from $876.8 million in the prior year.
IMF urges transparency in Pakistan’s development projects
Pakistan is expected to negotiate a new three-year Extended Fund Facility with the IMF, contingent on Islamabad's commitment to fiscal reforms
Current account posts deficit of $269mn in January 2024
Current account slides 71% with a deficit reduction to $1.093 billion in seven months of FY24