ISLAMABAD: To fulfill an IMF condition for disclosing quarterly Gross Domestic Product (GDP) figures, the government has released the growth rate for the second quarter (Oct-Dec) of the current fiscal …
IMF program
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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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ISLAMABAD: Prime Minister Shehbaz Sharif has indicated that the new International Monetary Fund (IMF) program is likely to continue for three years, shedding light on the country’s economic trajectory. Speaking …
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Latest Updates
Pakistan Government Rejects IMF’s Call to Revisit NFC Award, Citing Constitutional Constraints
ISLAMABAD: According to reports, the Pakistan government has rebuffed the International Monetary Fund’s (IMF) call to revisit the National Finance Commission (NFC) Award. During the second review talks under the …
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Today marks a pivotal moment in Pakistan’s economic journey as negotiations for the final economic review of the Standby Arrangement Loan Program with the International Monetary Fund (IMF) commence, signifying …
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The United Arab Emirates (UAE) has finalized a deal to purchase the coastal town of Ras al-Hikmah in Egypt for $35 billion. According to Egyptian Prime Minister Mostafa Madbouly, the …
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Economy
Fitch Ratings Sounds Alarm on Pakistan’s IMF Program and External Funding
by Hamza Irshadby Hamza IrshadISLAMABAD: According to Fitch Ratings, Pakistan faces challenges related to the execution of the International Monetary Fund (IMF) program and securing external funding, given its substantial external financing needs and …
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EconomyLatest Updates
Petroleum prices likely to be raised by up to Rs9
by Umar Sohailby Umar SohailISLAMABAD: With Finance Minister Shaukat Tarin expected to meet International Monetary Fund’s managing director Kristalina Georgieva on Friday, the government may increase the petroleum prices by up to Rs9 per …