Economic review this week ISLAMABAD: The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, indicated the completion of economic review and policy discussions with Pakistan this week. Georgieva …
(IMF) programme
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Fund Pledge ISLAMABAD: The visiting staff mission of the International Monetary Fund (IMF) has initiated direct communications with key bilateral partners to confirm committed support to Pakistan, addressing the external …
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Economy
Mini-budget off the table as IMF approves Pakistan’s Rs 9415bn tax goal
by Hamza Irshadby Hamza IrshadTax goal In ongoing discussions with the International Monetary Fund (IMF), Pakistan has agreed to maintain its annual tax collection target at Rs 9,415 billion. This crucial decision, arising from …
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Economy
IMF Review’s Impact: Continued Pressure on Rupee in the Near Term
by Hamza Irshadby Hamza IrshadIMF Review’s Impact KARACHI: The rupee is poised to face pressure against the dollar until the International Monetary Fund (IMF) completes its first review of Pakistan’s $3 billion loan program, …
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54270 points ISLAMABAD: The Stock market in Pakistan set another record as it crossed 54270 points on Tuesday morning. The KSE-100 benchmark index hit 54,276 points with a 415-point gain …
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Economy
IMF Calls to Boost Tax Collection and Expand Taxpayer Base in Ongoing Talks
by Hamza Irshadby Hamza IrshadISLAMABAD: During their ongoing technical-level discussions, the International Monetary Fund (IMF) has requested that Pakistan furnish a report outlining potential tax collection across all sectors. The Federal Board of Revenue …
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Economy
IMF appreciates Pakistan’s efforts to complete first-quarter targets set under the Stand-By Arrangement
ISLAMABAD: The Pakistan government’s pursuit of a second tranche of a $710 million loan under the current $3 billion Stand-By Arrangement received a commendation from the International Monetary Fund (IMF) …
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Teams ISLAMABAD: The IMF and the government teams held a first round of talks for the evaluation of economic performance of Pakistan under the Stand-by Arrangement. Nathan Porter, IMF mission …
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Evaluation ISLAMABAD: A team from the International Monetary Fund is reaching Islamabad on Thursday to conduct evaluation of economic performance of Pakistan under the Stand-By Arrangement facility. Following the successful …
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Economy
Govt throws gas bomb on consumers to meet IMF’s condition ahead of talks for $700 million next tranche
This marks the second gas tariff increase in 2023. In January this year, gas tariffs were raised by up to 112 percent.