KARACHI: Advisor to the Prime Minister on Finance Shaukat Tarin on Sunday said the government would give the nation “good news” about the stalled $6 billion International Monetary Fund (IMF) …
International Monetary Fund (IMF)
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EconomyLatest Updates
Speculation blamed for volatility in forex market
by Umar Sohailby Umar SohailKARACHI: Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin has said that satta or speculation has “definitely” played a role in the recent volatility in the foreign exchange market. …
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InternationalLatest Updates
China urges World Bank, IMF to help Afghanistan
by Umar Sohailby Umar SohailChina has said it will send $30 million worth of emergency humanitarian assistance to Afghanistan
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• PM’s adviser confident about revival of Fund programme • Minister says govt under pressure for ‘giving up’ taxes on petroleum items
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EconomyLatest Updates
IMF asks Pakistan to shift deposits of Rs2,900bn into Federal Consolidated Fund: report
by Umar Sohailby Umar SohailIMF expresses serious concerns over Pakistan’s failure in operationalising Treasury Single Account (TSA-1). IMF hints at bringing attached autonomous bodies and entities as part of the structural benchmark of $6 …
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EconomyLatest Updates
FBR mulling withdrawal of Rs334bn GST exemptions
by Umar Sohailby Umar SohailGST exemptions on basic food items and medicines to be protected. Tarin expected to meet IMF’s Managing Director (MD) Kristalina Georgieva today. “Progress we have made to date is really …
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EconomyLatest Updates
Govt not to increase power tariff immediately: Shaukat Tarin
by Umar Sohailby Umar SohailPak-China cordial ties should not have an impact on Pak-US relations, says Shaukat Tarin. Pak-US relations should be viewed from an economic perspective rather than just security, he adds. If …
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EconomyLatest Updates
“Working With Pak Authorities”, IMF rep Tells TTI, IMF talks on Oct 4 for release of $1b tranche
by Umar Sohailby Umar SohailSuccessful negotiations would facilitate immediate disbursements of $1b by the global money lender
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EconomyLatest Updates
head over heels in debt: External Borrowing to cross $ 15.7 Bln in Next Fiscal
by Umar Sohailby Umar SohailThe $15.7 billion borrowings in fiscal year 2021-22 are higher by nearly 10% over this year’s revised estimates.
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EconomyLatest Updates
Dr Waqar Masood re-designated as SAPM on Finance and Revenues
by Hamza Irshadby Hamza IrshadThe notification was issued on Friday.