ISLAMABAD: The Islamabad district administration declined to grant permission to Pakistan Tehreek-e-Insaf (PTI) to hold a public rally on March 30 in Islamabad, citing security concerns. The rally was intended …
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International
Pakistan’s Finance Minister and Chinese Ambassador Discuss Strengthening Economic Ties
ISLAMABAD: Finance Minister Muhammad Aurangzeb and the Chinese ambassador have convened to fortify economic ties between their nations, signaling a renewed commitment to bilateral cooperation. The meeting, held in Islamabad, …
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Latest Updates
IMF and Pakistan Reach Staff-Level Agreement on Final Review of $3 Billion Stand-By Arrangement
ISLAMABAD: Pakistan and the International Monetary Fund (IMF) have finalized a staff-level agreement on the second and final review within the Stand-By Arrangement, clearing the path for the disbursement of …
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In response to a letter from a Pakistan Tehreek-e-Insaf (PTI) spokesperson regarding the International Monetary Fund’s (IMF) engagement with Pakistan, the IMF spokesperson in Pakistan emphasized the organization’s role as …
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WASHINGTON: The US State Department has communicated a clear message to Pakistan’s new leaders, emphasizing the importance of collaboration with the International Monetary Fund (IMF) and the implementation of economic …
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Latest Updates
Moody’s Warns Economic Challenges for Pakistan Amid ‘Controversial’ Polls and ‘Weak’ Coalition Government
Moody’s Investors Service has maintained Pakistan’s ratings at ‘Caa3’ with a stable outlook but has raised concerns about significantly high risks of liquidity and external vulnerability following contentious elections, limiting …
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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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Latest Updates
FBR Surpasses IMF’s Tax Target: Collects Rs 4.44 Trillion in First Six Months of Fiscal Year
The Federal Board of Revenue (FBR) has exceeded the International Monetary Fund’s (IMF) tax target in the first six months of the current fiscal year. The IMF had set a …
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International
Fitch Affirms Pakistan’s ‘CCC’ Rating, Expects Completion of IMF Deal Amid External Funding Risks
Fitch Ratings has affirmed Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘CCC,’ stating that it does not typically assign outlooks to sovereigns with a rating of ‘CCC+’ or below. …
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On Friday, the National Electric Power Regulatory Authority (NEPRA) gave its approval for an increase in the electricity tariff for consumers, amounting to Rs 0.46 per unit. According to the …
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