Pakistan has no fear of default: Ayesha Ghaus

Pakistan has no fear of default, says Ayesha Ghaus Pasha.

ADB assures Pakistan to approve $1.5bln for BRACE

Finance Minister thanked the President ADB for support provided over the years.

Pakistan to seek rescheduling of $27b bilateral debt: Ishaq Dar

Dar ruled out the possibility of a default on Pakistan's debt.

How worried should we be about Pakistan's economy?

How worried should we be about Pakistan's economy?

Miftah saved Pakistan from default: PM Shehbaz

PM lauds his team's efforts on successful SCO, UNGA visits.

Dar blames PTI for country's 'worst' crisis, vows economic revival

Federal Minister Ishaq Dar vows to revive economy

Dar all set to take oath as Senator, assume charge of Finance Ministry

Nominated Finance Minister reached Pakistan on Monday.

Rupee makes sharp recovery against dollar

The local currency appreciated by Rs3.02 against the greenback.

Rupee makes sharp recovery against dollar as Dar returns

The local currency appreciated by Rs2.63 against the greenback.

Ishaq Dar to take oath as Finance Minister next week

Ishaq Dar could return to Islamabad with Shehbaz Sharif.

Pakistan economy to slow in FY 2023 amid strong climate headwinds: ADB

Pakistan's economy is forecast to slow to 3.5% in fiscal year (FY) 2023.

Country's economy heading towards right direction: Miftah

The Finance Minister said that imports of auto parts will be made easier.

IMF board approves $1.1 bln tranche for Pakistan

The IMF agreed to extend the programmer by a year.

IMF condition: Govt to make asset details of bureaucrats, lawmakers public

Pakistan has sent back the signed letter of intent (LoI) to the International Monetary Fund (IMF).

Pakistan assures IMF of gradually increasing petroleum levy to Rs50

Federal government will impose a levy of Rs10 on petrol and Rs5 on diesel from September 1: sources

Govt focusing on enhancing exports: Finance Minister

Bolstering exports and agriculture will also benefit the poor segments of the society: FM

Saudi Arabia agrees to rollover $3bn deposits in Pakistan

Saudi Arabia has extended support multiple times to Pakistan.

Govt plans mini-budget to meet IMF conditions

Government plans amendment in Finance Bill through an ordinance.

EXPLAINER: How do we know when a recession has begun?

Whether the U.S. economy is heading for a recession got more difficult to answer Friday.

Govt took tough decisions to bring economy on right track: Miftah

Import of only export supporting items can be considered to be allowed: FM

Transporters observe nationwide strike over increase in taxes, tolls

Masses are facing difficulties at bus terminals across the country including Punjab.

FBR collect net revenue of Rs 458 billion during July 2022

This represents a growth of about 10 %.

Miftah announces tax relief for shop-owners consuming less than 150 units

Rupee to see improvement 'in next two weeks', Miftah Ismail says

Everyone has to save country together: Sheikh Rashid

Sheikh Rashid said the country is going through worst economic and political crisis.

Default averted, now govt priority is to keep country on path of stability: Miftah

Policies will be instituted to bring inclusive and sustainable growth: Finance Minister

Fitch, Moody's expect Pakistan to get $1.2 billion from IMF

Fitch Ratings downgraded the outlook on Pakistan's credit rating to negative last week.

Country passing through phase of economic restoration: Ahsan

Ahsan Iqbal said the PML-N government put the Punjab province on the track of sustainable progress

PM convenes emergency meeting on economic situation

The meeting will be attended by the economic team and top officials related to the economy.

Rupee dip against dollar due to political situation: Finance Minister

Trade fundamentals corrected as result of measures taken by Govt over last few months: Miftah

Miftah vows to keep imports, Current Account Deficit under control

Finance Minister vows to keep imports, Current Account Deficit under control.

Fitch revises Pakistan's outlook to negative

Fitch sees considerable risks to its implementation of IMF program.

Coalition govt saved Pakistan from bankruptcy: Finance Minister

'PTI borrowed 20,000 billion but did not add a single megawatt of electricity to the national grid'

Pakistan to soon receive $1.17b under agreement with IMF

Agreement has been inked to complete the 7th and 8th reviews of Pakistan's Extended Fund Facility

IMF agrees to resume Pakistan loan after fuel, tax hikes

An original $6 billion bailout package was signed by former prime minister Imran Khan in 2019

Economic future bleak under the rule of 'professional thieves': Imran Khan

Imran said transparent elections are the need of the hour to protect Pakistan from further harm.

Pakistan receives MEFP from IMF for combined 7th, 8th reviews: Miftah

MEFP is a prerequisite for paving the way for moving towards striking a staff-level agreement.

Economy on ventilator, political system in ICU: Sheikh Rashid

The real budget is yet to be presented, which will worsen the conditions: Sheikh Rashid

Imported government destroyed the economy: Farrukh Habib

Farrukh said that the current government has destroyed the economy of Pakistan.

Govt took difficult decisions to save country from default: Sherry

PTI has no respect for democracy and is pursuing the politics of dividing the society: Sherry

Shaukat Tarin claims govt will hike petrol, electricity price from July 1

IMF had refused to release the loan tranche before budget: Shaukat Tarin

Punjab govt mulls proposal to close markets by 9pm

President Lahore Chamber has also announced to support the government move.

Commerce ministry proposes to import wheat from Russia in exchange for potatoes

Commerce ministry proposes to import wheat from Russia in exchange for potatoes

Govt increases petrol price by Rs24.03 per litre

Govt increases petrol price by Rs24.03 per litre

Economic stability not possible without political stability: PM Shehbaz

Economic stability not possible without political stability

Govt took difficult decisions and will continue to do so, says Miftah Ismail

Govt took difficult decisions and will continue to do so, says Miftah Ismail

Imran Khan jeopardising Pakistan's attempts to fix its economy: The Economist

Imran Khan jeopardising Pakistan's attempts to fix its economy

Skyrocketing global fuel prices prompted govt to raise oil, gas prices: PM Shehbaz

Skyrocketing global fuel prices prompted govt to raise oil, gas prices: PM Shehbaz

IMF to release $900 million when Pakistan removes fuel price caps

IMF to release $900 million when Pakistan removes fuel price caps

Interviews for caretaker Prime Minister being held: Rashid

He said that big decisions will be made by May 31.

Pakistan and IMF to meet over release of funds

Officials are seeking an extension to the programme through to June 2023.

Country cannot be run by Twitter and tales: Shahid Khaqan

Abbasi said that we are taking decisions for the betterment of Pakistan.

PM invites allies' leadership for dinner to discuss economic situation

Government members will deliberate on different options to steer the country out of crisis.

Imran Khan says warned about economic tailspin in case of ouster

Imran Khan says warned about economic tailspin in case of ouster

Govt wants to retrieve economy, hold elections in next phase: Asif

The minister said that he is a political workers and does not believe in arrest of opponents.

Miftah created ambiguity regarding petrol and diesel prices: Hammad Azhar

Miftah created ambiguity regarding petrol and diesel prices

Pakistan, UAE agree to strengthen bilateral economic cooperation

Pakistan, UAE agree to strengthen bilateral economic cooperation

Fiscal deficit widens to 4% of GDP in 9 Months of FY22

The overall budget deficit stood at 3.6 percent of GDP in the same period of the last financial year

Pakistan's current account deficit reaches $1bn in March

The current account balance is a key figure for Pakistan's economy.

Imran Khan govt added Rs 20,000bn to country's debt, claims Miftah Ismail

Imran Khan govt added Rs 20,000bn to country’s debt, claims Miftah Ismail

South Asia Economic Focus: Effects of pandemic, Russia-Ukraine war

Growth in South Asia, already uneven and fragile, will be slower than previously projected

Pakistan records GDP growth rate of 5.5pc: Hammad Azhar

Hammad Azhar said Pakistan tackled the heinous impacts of coronavirus very smartly.

Govt plans to borrow $5bln from China, Russia, Kazakhstan: sources

Loan received from Kazakhstan and Russia will be spent on ML-1 project: sources

Tarin says economy moving in right direction despite challenges

Increase in IT exports provided stability to economy: Finance Minister

Revised GDP growth of 5.37pc second best in last 14 years: Tarin

The next ten years will help reduce income disparity: Tarin

Country's economy witnessing strong growth: PM

He hoped that businesses and employers will share these gains with their workforce.

'Expected growth of over 4pc despite challenges a huge achievement'

Government's three years are an economic success story: PM Imran

Economy moving in positive direction, inflation will decline: Shaukat Tarin

Shaukat Tarin said the country’s economy is growing stronger

Pakistan, IMF deadlock over rupee devaluation, tax exemption persists

The IMF demanded Pakistani authorities to take immediate action to do more to devalue the green back

PM Imran chairs meeting over inflation, economic situation

Ministers will also be directed to work alongside local administration.

Govt changed country's economic direction: Fawad

There is price hike today because of rising prices of commodities in the international market: Fawad

PM Imran Khan revives country's sinking economy: Gill

"$20bn current account deficit was great achievement for those who wanted to escape."

IMF revises Pakistan's real GDP growth to 3.9%

The global economy is projected to grow 6.0 percent in 2021: IMF

Sustainable economic growth major challenge: Razak Dawood

The advisor pointed out that our economy was moving in the right direction

Finance Minister presents Economic Survey, credits govt polices for economic stability

Government needs to work on economic growth instead of stabilization: Finance Minister

Public will not be fooled by false claims of economic progress: Bilawal

We have to get rid of experiments like Imran Khan: PPP Chairman

Only PPP's economic policies can take country forward: Bilawal

PPP has always lived up to its promise of providing of basic necessities of public: Bilawal

Govt will show how poverty is eradicated: Shaukat Tarin

He said PML-N govt artificially maintained the value of Rupee against Dollar during its tenure.

Current economic situation result of PML-N's bad policies: Tarin

The finance minister expressed the hope to achieve a target of revenue collection up to Rs 4700bn

Foreign remittances reaches $29.1bn, exhibiting 34pc increase: Shahbaz Gill

He said GDP has registered 3.94 percent growth during current financial year

PM unaware of country's economic situation: Shahid Khaqan

No alliance can function with lack of trust: Shahid Khaqan

Pakistan's economy has potential to grow at an annual rate of 4pc: Moody's

The report said there is a possibility of higher growth rates in the future

Trade with India without resolving Kashmir issue would be treachery: PM Imran

He said the country was badly in debt when PTI came to power

Shaukat Tarin vows to put country on path sustainable growth

The Finance Minister said the tax rates will not be increased

Economy back on growth path as predicted two years back: Asad Umar

Clear policy of government of Imran Khan to put the economy on sustainable growth path: Asad

Reason for inflation is not interest rate but supply issues: Reza Baqir

The SBP governor said that the monetary policy is fully supporting the economic growth

Govt sets growth target of 4.8 percent for next fiscal year

He said the government is ensuring quality and sustained growth.

Imran Khan trying to cover up economic disaster with lies: Bilawal

PTI elites are robbing the country with both hands: PPP Chairman

Govt focusing revenue collections to achieve sustainable growth: Tarin

If the pace continues five percent economic growth is expected next year: Tarin

PM attributes 3.94% GDP growth estimate to success of govt policies

PM attributes estimated 3.94% GDP growth to success of govt policies

Pandemic dealt serious damage to economy, public must be given relief: Finance Minister

Pandemic dealt serious damage to economy, public must be given relief: Finance Minister

'Tough' IMF program will have political consequences: Finance Minister

FBR did a good job but some cases of harassment were also reported: Shaukat Tarin

Third wave of Covid-19 poses challenge to growing economy of Pakistan

The country recently launched triple-tranch Euro bonds raising UD$ 2.5 billion

Economy showing signs of recovery amid Coronavirus pandemic

The minister said suggestions presented during the meeting would be accorded due considerations.

PM directs utilizing out of the box solutions to provide relief to masses

PM directs utilizing out of box solutions to provide relief to masses

Tarin reiterates commitment to achieve macroeconomic stability

He said the World Bank had always been a source of support in pursuing reform agenda

PM expresses confidence on abilities of Finance Minister Shaukat Tarin

Tarin said only solution to economic problems is to bring GDP growth to at least 6 to 7 percent.

Pakistan to hike power tariff by Rs 3.34: IMF

The IMF has projected Pakistan’s fiscal adjustment at a staggering Rs 1.7 trillion

Economy in much better condition than in 2018: Hammad Azhar

The foreign exchange reserves had almost finished and the existing around US $7 to US $8 billion

IMF mulls additional financial support to partner countries

The discussion at the meeting focused on the impact of the pandemic on the economies of the region

Salaried persons facing difficulties in making ends meet: Sheikh Rashid

Imran Khan did unprecedented work to uplift the economy: Sheikh Rashid

Pakistan's external debt and liabilities reach $115.7 billion

The public external debt rose 3.3 percent

Govt aims to improve economy, put country on strong footing: Hafeez

We are working to live up to the expectations of the people: Hafeez

Pakistan plans to seek debt relief from China on power projects: Bloomberg

Deferment in payments will help government to reduce its fiscal deficit.

New IPPs agreement will help save Rs 800 billion: Dr Hafeez Shaikh

New IPPs agreement will help save Rs 800 billion: Dr Hafeez Shaikh

Budget deficit widens up to 2.5pc of GDP in first half of fiscal year

Provinces showed a surplus of Rs 255 billion in first six months of FY.

COVID-19 savages U.S. economy, 2020 performance worst in 74 years

The U.S. economy contracted in 2020 at its deepest pace since World War Two.

Govt inherited inflation, precarious economic crisis: Hafeez Sheikh

The ratio of country’s exports had become almost zero

Indicators show economy witnessing significant growth

Monthly inflation based on the CPI, decelerated to 8 percent on year-on-year (YoY) basis in Dec 2020

Govt increases petrol price by Rs3.20

The new prices are to be effective for the next 15 days.

Exports of home textiles increases by 16pc to $2,017 million: Razak

The adviser said that the non-textile sector exports are also showing healthy growth.

Coronavirus affected 20 million livelihoods: Asad Umar

Pakistan adopted policy of smart lockdown: Asad Umar

Exports reach historic high in Dec 2020: Razak Dawood

The Adviser said this was the highest export ever in the previous month of December 2020.

Sialkot, Faisalabad facing labor shortage due to increased industrial activity: Hafeez Sheikh

Sialkot, Faisalabad facing labor shortage due to increased industrial activity: Hafeez Sheikh

Pakistan posts current account surplus of $447mln in Nov: PM Imran

For current fiscal year so far, surplus stands at $1.6 billion: Imran Khan

PM Imran calls for promoting SMEs to improve economic indicators

SMEs are an important component of economy: PM Imran

Large-scale manufacturing grows by 5.46% in Jul-Oct

Growth in October was at 6.66 percent

Economic indicators on positive trajectory despite challenges: Shibli Faraz

Government is working to provide every possible facility to public: Shibli Faraz

ADB's report on recovery of Pakistan's economy highly encouraging: Khusro Bakhtyar

ADB has also revised growth projections for South Asia from -6.8% to -6.1% for the year 2020.

PM congratulates economic team for bringing down sugar prices

Sugar is being sold at a national average of 81 rupees per kilogram: PM Imran Khan

Prudent policies led to positive economic growth in Q1

The remittances grew by 26.5% while foreign direct investment (FDI) increased by 9.1%

Pakistan registers $382 mn current account surplus in Oct: Asad Umar

Pakistan registers current account surplus for fourth straight month.

Economy on positive trajectory regardless of COVID-19: Hafeez Shaikh

Package to the construction industry has accelerated economic activities: Finance Advisor

Economy heading in right direction: Shahbaz Gill

Situation is improving due to untiring efforts of economic team: Shahbaz Gill

PML-N responsible for economic bankruptcy of Pakistan: Shahbaz Gill

Exports increased by 29 percent last month: Shahbaz Gill

Money launderers ruined country's economy: PM Imran

Those who looted nation's wealth are now trying to get NRO: PM Imran

Pakistan's Current Account Balance turns surplus for second consecutive month

The CAB surplus amounted to $508 million and $297 million during July and August 2020

Remittances increased by 31pc in first two months of FY: PM Imran

Country received record 2,768 million dollars in remittances in the month of July this year: PM

Govt policies improved economic situation: Hafeez Shaikh

Pakistan Stock Exchange is at the top in Asia: Finance Advisor

PM Imran admits mistake of letting Nawaz go abroad

The PM said that an atmosphere was created on Nawaz Sharif's illness that he would not survive.

S&P terms Pakistan's long-term outlook 'stable'

The agency said Pakistan had made progress toward consolidating its fiscal accounts

Pakistan's economy to recover during financial year 2021: IMF

The report highlighted the measures taken by the present government to contain spread of COVID-19.

Deteriorating economy bigger threat to national sovereignty than coronavirus: Shehbaz Sharif

Deteriorating economy bigger threat to national sovereignty than coronavirus: Shehbaz Sharif.

PM Imran expresses satisfaction on improvements in economic indicators

The PM expressed regret that people are suffering due to bad governance of previous governments.

FDI increases by 66% in July-Jan 2020

In past seven months, the total foreign investment stood at $ 3.42 billion

Sugar, wheat price hike due to govt's negligence, admits PM Imran

I never said that we will make Pakistan an Asian tiger: PM Imran

Pak deliberately being pushed towards economic bankruptcy: Shehbaz Sharif

Pakistan is deliberately being pushed towards economic bankruptcy: Shehbaz Sharif

Flour, sugar prices behind rising inflation: Hammad Azhar

In July, ECC decided to ban the export of wheat: Hammad Azhar

Rise in inflation means failure of economic policies: Shehbaz Sharif

Tsunami of inflations has devastated Pakistan's economy: Shehbaz Sharif

Pakistan receives second tranche of $454 million from IMF

The US$454 million received from the IMF will be added in forex reserves by next week.

ECC okays amendments to hosts of laws to spur oil exploration, production

The ECC took up a proposal by FBR and approved a technical supplementary grant of of Rs30 billion.

PTI government's policies will bring stability in the country: PM Imran

PM Imran said country cannot be run without taxes and the business community should pay taxes.

Current account deficit has come down by 63.1pc: Hafeez Shaikh

The trade deficit has decreased by 33.5pc in the first three months of the current fiscal year.

Pakistan's economy stable, improving: PBBC

The Chairman PBBC appreciated govt investment-friendly policies and initiatives undertaken.

World Bank president calls on PM Imran

Matters pertaining to country’s economy and other issues came under discussion.

Govt focused on implementation of IMF programme: Dr Hafeez

He said the IMF Mission is looking forward to have a meaningful and productive review.

Rupee gains in open, interbank markets against dollar; PSX witnesses bullish trend

Despite significant devaluation, the WB still sees the rupee overvalued by Sept by about 4.8pc.

IMF SOS mission to arrive in Pakistan

The SOS mission will be headed by IMF Middle East and Central Asia Department Director Jihad Azour

PM Imran calls for out of box solutions, proposals to improve economy

Promotion of small and medium enterprises is among the priorities of the government: PM

FBR releases sales tax refunds worth Rs15.6bn: Hafeez Shaikh

He said, “This is on top of Rs5.4 billion refunds cleared as bonds and adjustments.”

Pakistan put on path to gain economic stability: Hammad

He said PTI after taking over the government first analyzed the gravity of economic issues.

NA Speaker Asad Qaiser, Hafeez Sheikh discuss economic situation of Pakistan

“Agriculture is the backbone of Pakistan’s economy”, said NA Speaker Asad Qaiser.

Govt's policies to improve economy bearing fruit: PM Imran

PM Imran Khan called it a great achievement for his administration.

People have erroneous notion about IMF: Maria Teresa

The IMF's representative said that Pakistan is passing through a challenging situation

Pakistan GDP growth to restrict at 2.7pc in FY20: Fitch Solutions

Experts believe that investment into the CPEC will continue to provide some support to the economy.

PM Imran summons cabinet meeting ahead of budget

The meeting is expected to give approval for Rs6.8 trillion federal budget

Govt to unveil Economic Survey 2018-19 tomorrow

The survey will provide an overview of the national economy

PM Imran urges nation to declare assets till June 30

The prime minister guaranteed that the tax money would be spent on the masses

ECC approves establishment of Stock Market Support Fund

The market support funds have been established for three years

Pakistan sets 4pc GDP growth target for 2020 ahead of austerity budget

Khan’s government came to office last year facing an imminent balance of payments crisis

PM Imran will ruin economy if given more time: Hamza Shahbaz

He said a Tsunami of inflation would come after budget

PML-N's Zubair demands SBP governor, finance adviser to declare assets

More than one million people have lost their jobs during the last eight months of incumbent govt.

Tough decisions will prove beneficial for the nation: PM Imran

The adviser said increase in gas and power tariff won’t affect 75 percent masses.

Pakistan, IMF reach agreement on $6 billion bailout package

Finance Minister Abdul Hafeez Shaikh told state television he hoped it would be Pakistan's last.

Some elements doesn't want to see stability in Pakistan: FM Qureshi

He said the PTI government came to know about the fiscal deficit soon after coming into power

IMF conditions: Power tariff likely to increase by Rs3

A sum of Rs178 billion had been paid to the power companies under the subsidy in 2018

IMF bailout package: Pakistan to raise tax collection

Meanwhile, the IMF has demanded an increase in tax collection.

PM Imran, IMF chief discuss financial support to help stabilize Pakistan economy

They discussed prospects for a comprehensive policy package and international financial support

PM Imran should leave arrogance, concentrate on economy: Shehbaz Sharif

Country would face severe economic crisis if more time is wasted.

Bringing undocumented businesses under tax net will improve economy: Asad Umar

Amnesty scheme’s is not aimed at collecting money or improving the economy

Bailout Package: IMF sets tough conditions for Pakistan

The IMF demanded to decrease electricity and gas losses.

Inflation rate expected to rise in Pakistan: WB

World Bank said performance of TDAP, which provides support for exports, is disappointed.

PM Imran Khan writes letter to Shehbaz Sharif for appointment of ECP members

PM Khan and Sharif were required to recommend three names for representation of each province in ECP

Fawad terms opposition meeting 'alliance for restoration of corruption'

NAB has not yet arrested Asif Ali Zardari and Faryal Talpur

PML-N, PPP and other opposition parties agree to form alliance

Asif Zardari, Shehbaz Sharif and other members of opposition parties attended the meeting.

Zardari meets Shehbaz over possible joint alliance

Sharif welcomed Zardari and Bilawal upon their arrival at his chambers in Islamabad.