The upcoming scheme aims to offer a stable post-retirement income for government employees, differing from Provident Fund or gratuity options. In an extraordinary move to meet a crucial condition set …
(IMF) programme
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Economy
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Economy
IMF suggests that Pakistan should increase the General Sales Tax (GST) on medicines and petroleum products to a rate of 18%
by Hamza Irshadby Hamza IrshadThe International Monetary Fund (IMF) has indeed suggested that Pakistan should increase its General Sales Tax (GST) on specific items, including medicines and petroleum, to 18 percent. This recommendation is …
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The Ministry of Finance has unveiled its monthly Economic Update Outlook Report, providing insights into key priorities and challenges shaping Pakistan’s financial landscape. Central to the report is the caretaker …
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In a strategic move, Pakistan Tehreek-e-Insaf (PTI) has penned a letter to the International Monetary Fund (IMF), emphasizing the critical role of political stability in Pakistan’s economic landscape. While details …
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Others
IMF Ready to work with New Pakistani Government, Ignores Imran Khan’s Demand
by Hamza Irshadby Hamza IrshadThe International Monetary Fund (IMF) has expressed its willingness to continue working with the new government of Pakistan, disregarding the demand made by Imran Khan, the founder of Pakistan Tehreek-e-Insaf …
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Economy
Pakistan to seek a minimum of $6 billion in ‘new IMF loan programme’
by Hamza Irshadby Hamza IrshadPakistan is reportedly strategizing to secure a fresh loan of at least $6 billion from the International Monetary Fund (IMF) to address imminent debt obligations. The plan involves engaging in …
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Economy
Regardless of Election Outcome, IMF Pressures Await New Government, Bloomberg Analysis Warns
by Hamza Irshadby Hamza IrshadNew Government As Pakistan braces for the general elections on February 8, the post-election scenario is overshadowed by the specter of economic challenges, with international financial experts warning of an …
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Economy
SBP Maintains 22% Interest Rate for the Fifth Consecutive Meeting
by Hamza Irshadby Hamza IrshadInterest Rate The State Bank of Pakistan (SBP) has maintained its key interest rate at 22 percent for the fifth consecutive policy meeting, with the decision announced just ahead of …
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Economy
Industries Urge Rs7 Billion Allocation for Incremental Power Package
by Hamza Irshadby Hamza IrshadRs7 Billion KARACHI: Karachi Chamber of Commerce and Industry (KCCI) and industrialists are urging the government to release Rs7 billion and decide on the remaining Rs21 billion pending against the …
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BISP Stipend ISLAMABAD: The government has increased the monthly stipend for beneficiaries of the Benazir Income Support Programme (BISP) by 20%, meeting a condition set by the International Monetary Fund …