Subsidies KARACHI: Finance Minister Muhammad Aurangzeb emphasized that the International Monetary Fund (IMF) does not oppose subsidies outright but rather advocates for targeted subsidies to be increased. Addressing misconceptions during …
Financial stability
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Economy
IMF Highlights Pakistan’s Need for $71.88 Billion External Financing Over Next Three Years
by Hamza Irshadby Hamza IrshadExternal Financing Pakistan is facing a significant financial challenge as the International Monetary Fund (IMF) emphasizes the country’s need for external financing amounting to $71.88 billion over the next three …
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ISLAMABAD: According to sources, the Pakistani government has given assurances to the International Monetary Fund (IMF) regarding the implementation of new taxes, amounting to Rs18 billion monthly, as part of …
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Economy
SBP Boosts Reserves as Pakistan Receives $700 Million from IMF
by Hamza Irshadby Hamza Irshad$700 Million The State Bank of Pakistan (SBP) has confirmed the receipt of the second tranche of Special Drawing Rights (SDR) amounting to SDR 528 million, equivalent to $705.6 million, …
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Others
Breaking Boundaries: Ministries Stray from Cabinet Guidelines
by Hamza Irshadby Hamza IrshadCabinet Guidelines ISLAMABAD: The interim government’s recent deviation from a federal cabinet guidelines has triggered concerns, as it failed to recover approximately Rs95 billion from publicly-owned power sector companies. Instead, …
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DERA ISMAIL KHAN: In an effort to promote economic stability and increase female workforce participation, the State Bank of Pakistan (SBP) has introduced interest-free loans for unemployed women to initiate …