KSE-100 sets another all-time high amid foreign investment news, rate cut hopes

Market is showing a persistent upward movement after investors shifted their focus to stocks

IMF sees wide-ranging consequences for people and economies amid Israel-Hamas conflict

Tourism among the hardest-hit sectors in the region outside Israel and the Palestinian territories

IMF makes Pakistan set over Rs11,000bn revenue target for next fiscal year

It isn’t clear whether Islamabad will go direct or indirect taxes; Big test for new govt

Inflation in Nov surges to 29.2pc year-on-year, misses SBP and govt estimates

Cost-of-living crisis is worsening for an overwhelming majority in Pakistan

PIA avoids huge embarrassment after FBR restored its bank accounts

Repeated episode is making privatisation case stronger

Sri Lanka reaches debt restructuring deal with creditor nations, says govt source

Japan co-chairs the official creditor committee, together with France and India

KSE-100 Index up 1.23pc, dollar grows stronger amid high demand

Market is buoyant by the reports about Pakistan inking investment deals with the UAE

Major changes on the cards for boosting tax-to-GDP ratio to 15pc

Risk register to be prepared to identify tax evaders by using data from banks, NADRA, other sources

Argentina's Milei says shutting central bank 'non-negotiable'

Faces major hurdles to execute his agenda which also include dollarisation, privatisation

Bullish stocks propel KSE-100 Index over 58,000, rupee makes gains against dollar

The market is continuing moving upward with a belief that there won’t be no more rate hikes

TV pundit-turned lawmaker Milei's victory expected to pressure Argentina's peso

The far-right libertarian rode a wave of voter anger, pledging state spending and govt size

IMF chief says Biden-Xi engagement an important signal for world to cooperate

It sends a signal to the rest of the world that we must find ways to cooperate

Stocks fly high, KSE-100 Index over 57,000 on the back of fruitful IMF talks

The bullish trend will attract more investment in the market

Argentina's Massa says IMF deal causing inflation, will renegotiate it

His challenger Javier Milei has proposed dollarizing the economy and shutting the central bank

PM reaffirms govt's enduring commitment to economic reform efforts

IMF Mission Chief and Resident Representative for Pakistan called on PM Kakar on Wednesday.

Cabinet committee okays SOE Policy

Cabinet committee okays SOE Policy

Sri Lanka hopes to complete debt restructuring talks by 2023-end

Sets ambitious deficit and revenue in next year’s budget

IMF remains focused on revenue collection, circular debt, external financing

Pakistan assures IMF of reducing govt expenditure, minimizing budget deficit

High demand propels US dollar against Pakistan rupee, Japan yen

The recent gains made by the local currency are being erased swiftly

The last hurdle: IMF review team may set tough conditions in policy-level talks

Successful talks will result in the release of $710 million in second tranche next month

KSE-100 continues making history, crosses 56,000 mark with an over 2pc surge

Huge gains in recent days are a result of possible privatisation of SOEs, end of rate hike cycle

Brazil readies 15pc minimum tax on multinational profits ahead of G20 presidency

It will also support the OECD's guidance to implement taxation on digital economy

Anything surprising? IMF stance hardens on Argentina as $44bn deal skids off track

Race is tight in a runoff between Sergio Massa and Javier Milei on Nov 19

IMF Executive Board approves proposal to increase members' loan, contribution quotas

Final decision to taken by the Board of Governors; Move enhance Pakistan’s possible share too

Gas tariff jacked up in line with IMF agreement

Another IMF condition met: Gas tariff increased

IMF wants to end tube wells subsidy as first review of $3bn deal is in progress

Power tariff for other consumers has already been hiked to a record-high level

Pakistan Stock Exchange sets a new record as energy sector boosts market

Surge comes as the IMF is pressing ahead with the demand to dispose of loss-making SOEs

Currency markets: Rupee endures more bleeding with dollar going up 69 paisa

Dollar up another 69 paisa as IMF calls for latest financial figures of state-owned enterprises

Privatisation: IMF demands latest data of state-owned enterprises

The losses suffered by these entities is a top agenda for the Washington-based institution

Weak currency and debt: Fitch downgrades Egypt one notch deeper into junk territory

Rating agency follows the assessments by Moody's and S&P

Pakistan's CPI clocks at 26.9pc as inflation hits rural population more

The country has been experiencing a severe cost-of-living crisis

Sri Lanka goes for VAT hike to 18pc to meet IMF targets

Minister admits ‘public is struggling’, but says ‘we have no choice’

Caretaker cabinet delays gas tariffs hike

Raising energy prices is one of the main IMF conditions

Dollar keeps appreciating after buying pressure resurfaced

Greenback official exchange rate reaches Rs281; Net gain since Oct 16 stands at Rs4.17

State Bank to make a decision on interest rates today

Experts predict there won’t be any further hike, some even think a rate cut is coming

Government working to tackle economic challenges with agricultural sector on priority: Finmin

Inflation remains problem, efforts are underway to bring it under control: Dr Shamshad Akhtar

No one wants Steel Mills, to be removed from privatisation list

Officials say accumulated losses of now-defunct industrial unit have reached Rs206bn

Buckle up! Interest rates are here to stay for longer: IMF chief

Kristalina Georgieva warns Israel-Hamas conflict is another cloud on horizon among many

'Safe-haven' dollar bounces back over Rs280 amid buying spree

Pakistan is again witnessing buying pressure amid global economic uncertainty

PIA unable to fly, resulting in more flights cancellations

Worsening financial crisis comes as IMF team is to reach Pakistan on Nov 2 for deal review

IMF team to visit Pakistan on Nov 2 for first review of standby arrangement

Govt on Monday hiked gas tariffs to meet one of the main conditions

Crisis worsens as PIA has to cancel 45 more flights

Worsening state of affairs coincide with IMF pressure to privatise loss-making entities

More flights cancelled as PIA fails to pay for fuel

Nonstop disruption in operations comes as IMF is pressing Islamabad to privatise lossmaking SOEs

Energy sector propels stock exchange over 50,300 mark as rupee hits back

Improved economic indicators give confidence to investors

Financial crisis cripples PIA flight operations

Over 30 international and domestic flights cancelled or delay

IMF wants immediate raise in gas prices and that too with effect from July 1

Move part of the conditions set in the current programme which will expire on March 31

Dollar up another Rs1.97 after halting the slide

Greenback is traded for Rs279 early interbank trading

Tunisia president sacks minister for saying IMF deal vital for foreign financing

Tunisia president sacks minister for saying IMF deal vital for foreign financing

IMF says China property slowdown will weigh on Asia's growth

Notes central banks in the region should guard against easing monetary policy prematurely

Govt going for massive increase in gas prices

Move part of the deal inked with the IMF

Pakistan committed for economic uplift, climate resilience: Dr Shamshad

She was speaking at the "V20 Ministerial Dialogue X" for the most climate-vulnerable economies

IMF, World Bank 'impotent' on Israel-Hamas war shock

A G20 official says almost impossible to reach consensus on Israeli-Palestinian conflict

Dr Shamshad Akhtar meets Moroccan trade minister

Both discussed economic partnerships and cooperation in various fields

Ethiopia seeks debt relief, Egypt wants more IMF loan

China has allowed Ethiopia to suspend repayments till July 7, 2024

Pakistan's economic indicators improve in FY24: IMF

The global lender said the country’s economic growth remained 0.3pc in the previous fiscal year

Israel-Hamas conflict is 'new cloud' darkening economic outlook: IMF chief

Georgieva says debt restructuring process is making progress

Caretaker govt decides against privatising two LNG-run power plants

Decision may irk the International Monetary Fund

IMF forecasts better economic performance in current FY

Fund expects a growth of 2.5pc for Pakistan’s economy in the ongoing fiscal year

IMF for lease, sale of state-owned entities including utility stores

The caretaker government has not replied to the IMF so far

Pakistan, emerging economies, debt crisis: Oxfam asks IMF, WB not to focus spending cuts

Says debt servicing for the poorest countries is outstripping healthcare spending by four to one

The barber's books: A history of 19,900pc inflation

Inflation is by far the top concern for voters ahead of an Oct 22 general election

Yellen heads to Morocco IMF-World Bank meetings in shadow of US political chaos

Trip also includes a subsequent stop in Luxembourg for a Eurogroup finance ministers' meeting

IMF team to begin meeting officials in Ukraine

Ukraine's economy has been hit hard since Russia launched a full-scale invasion in February 2022

No new tax in the caretaker setup, FBR tells IMF

IMF is satisfied with FBR’s performance in tax collection

Argentina's Bullrich rules out more borrowing from IMF if victorious

Conservative presidential candidate faces Massa of center-left and radical libertarian Milei

Some Sri Lanka creditors seeking debt restructuring deal minus China: Bloomberg

Countries like US, Japan and India are aiming at signing a memorandum of understanding

Rupee makes its way back to below Rs291 mark against dollar

Dollar exchange rate in open market now stands at Rs293

Inflation goes up as people feel effects of fuel price hikes

Record rupee depreciation has sustained inflationary pressure in Pakistan

Majority of state-owned enterprises fail to deliver: Dr Shamshad Akhtar

Says govt to keep control of strategic SOEs, remaining ones would be restructured or privatised

IMF's Georgieva asks Pakistan to tax the rich, protect the poor

PM Kakar, IMF head discuss prospects of economic stability in Pakistan

Revenue shortfall due to petroleum products smuggling angers IMF

Asks finance ministry and FBR to take required steps

Food prices owing to weaker rupee, supply shortages will push Pakistan inflation: ADB

Says political stability following general elections later this year will boost business confidence

Successive governments trapped nation in IMF loans: Hafiz Naeem

Working class paid Rs264 billion while Rs 4 billion were contributed by rich: JI leader

Power tariff hikes: The more you devalue rupee, the more capacity charges you pay

Top official says capacity amount has doubled after dollar exchange rate jumped from Rs100 to Rs300

IMF to urge China to shift growth model towards consumption: Georgieva

It has warned growth rate could fall 5.2pc forecast for 2023 given the contraction in real estate

Pakistan expects interest rate hike today, fuel price increase tomorrow

Petrol and high-speed diesel prices may be jacked up by to Rs16 each

Pakistan braces for another rate hike as energy prices continue propelling inflation

Rising energy prices under IMF programme is fuelling inflation in the country

Egypt inflation hits record high of nearly 40pc as dollar crushes its currency just like Pakistan's

Most populous Arab country is also following IMF’s market-based exchange rate formula

PKR appreciates against dollar in interbank, open market

Difference between official and open market exchange rates for dollar is now 0.7pc

Malawi finmin 'optimstic' of debt restructuring, new IMF deal

Malawi finmin 'optimstic' of debt restructuring, new IMF deal

Dollar pull effect: How a weaker currency makes you hostage to dollar

Dollar pull effect: How a weaker currency makes you hostage to dollar

Interim govt comes up with 'power relief plan'

IMF permission awaited before enforcing this policy

Pakistan among developing countries in the grip of debt problems

It needs upwards of $22bn to service external debt and pay other bills for fiscal year 2023-24

Pakistan's plan of electricity bills relief to consumers with IMF

Those consuming up to 400 units would be the beneficiaries

IMF seeks plan from Pakistan to provide relief to power consumers

Further dialogue will be held between FBR and IMF

Fragile and war-torn states: IMF says climate change may increase deaths, reduce GDP

Report covers all 61 countries that have been on list since 2006

Sri Lanka drought dents economic hopes, farmers' livelihood

It can reverse a recent trend of falling food prices

Argentina and Pakistan: Both inked deals with IMF but a difference can't go unnoticed

People can't be squeezed more, requiring urgent government action

Argentina offers financial aid to crisis-hit workers and pensioners

The move comes after the government devalued the peso by nearly 20 per cent, accelerating inflation

High interest rates to stay with monetary tightening written as sole cure

Shamshad Akhtar assures IMF to following deal conditions; US Fed, ECB remain ‘steadfast’

Negative impacts of IMF conditions force govt for smaller power tariff hike

Power Division asks Nepra for Rs3.55 increase instead of initial Rs5.40 demand

Pakistan required to keep SOEs under finance ministry oversight: IMF

Islamabad is discussing outsourcing operations of several state-owned assets to outside companies

IMF condition dragging Pakistan rupee down the slope with no stop in sight

Local currency touched record-low level against dollar on Tuesday

Sri Lanka's July consumer inflation eases to 4.6pc

Food prices contract to negative 2.5 from 2.5pc in June

Pakistan drafts plan to reduce power sector circular debt

Meets IMF’s key condition which also calls for higher tariff and withdrawal of subsidies

Dollarisation: Argentina's Milei informs IMF how he wants to divorce peso, adopt dollar

It is in complete contrast to Brazil’s Lula who stands for de-dollarisation

Argentina's peso, Pakistan's rupee, depreciation and IMF

Black market offering 780 pesos for a dollar against official exchange rate of 350 pesos

Rate hikes: Many countries moving in opposite direction of US. Can Pakistan follow suit?

Brazil, Chile, Hungary, others have kick-started rate cutting cycles to spur their economies

A tale of two importers: Europe's record gas inventories, shortage in Pakistan

Lower prices to ensure more LNG is directed to price sensitive customers in Asia and Latin America

Pakistan's economic woes leave textile industry in tatters

Sector’s exports were down 15pc to $16.5bn in 2022-2023

Dar praises FBR for collecting Rs7,200bn in last fiscal year

Says negligible shortfall of Rs31bn is due to import compression and spendings in foreign currency

Trying times for masses as govt goes for Rs20 hike in fuel prices

Diesel sees Rs19.9 increase; Dar mentions national interest to justify the move

Argentina won't use 'a single dollar' of reserves to repay IMF: Massa

Says it’s result of extended swap deal with China, new loan from CAF

IMF, Argentina reach staff deal on loan reviews to unlock $7.5 billion

With no liquid currency reserves Argentina recently introduced more peso exchange to stop drainage

Brazil's public sector gross debt steady at 73.6% of GDP in June

Brazil's public sector gross debt steady at 73.6% of GDP in June

Pakistan aims to curb gas sector's circular debt

The step is being taken due to the IMF recommendations

Pakistan to go for another rate hike on IMF guidance, analysts say

Nine out of 16 respondents 100 bps surge, one predicts 50 bps increase

IMF raises 2023 global growth forecast as high interest rates hit poor countries hard

Says global headline inflation will fall to 6.8pc in 2023 from 8.7pc in 2022

IMF urges BOJ to move away from yield control, prepare for future tightening

Warns of upside risk to inflation; Remarks come ahead of closely-watched BOJ meeting

S&P lowers Bangladesh's outlook to negative from stable

Expects South Asian country’s economy to expand between 6pc to 6.4pc over next three years

Argentina peso to weaken as part of anticipated IMF deal

Argentina peso to weaken as part of anticipated IMF deal

Pakistan: What lies ahead in post-IMF deal period?

Harsh conditions mean more tariff hikes which affect the people directly

Another Rs3 per unit increase shock in store for power consumers

The increase will bring average price from Rs29 to Rs33 per unit

Saudi Arabia to give Tunisia $500m as soft loan and grant

Tunisia is on the edge of a debt crisis and is suffering from shortages of essential goods

Sri Lanka parliament OKs bill to boost cenbank independence

Sri Lanka parliament OKs bill to boost cenbank independence

IMF says dollar's rise hit emerging markets harder than advanced economies

A 10pc appreciation means 1.9pc cut in emerging market economies’ GDP after a year

Pakistan needs reforms as suggested by International Monetary Fund: ADB

Says country suffered from poor growth, alarming inflation last fiscal year

Multilateral banks need major changes to boost lending: G20 panel

Says additional $3tr spending required each year by 2030 towards climate action

IMF seeks plan to expand tax base, cites real estate and agri sectors

Demand reflects one of the main condition set under the stand-by arrangement

PM Shehbaz thanks Sri Lanka for helping clinch much-needed IMF deal

Says both Pakistan and Sri Lanka are close and reliable friends

Today's puzzle: POL prices - Fill fuel tank now or wait till 12am?

Petroleum Development Levy will be the determining factor, maybe political considerations too

Shehbaz Sharif promises zero violation of IMF deal to Kristalina Georgieva

Top lender’s managing director notes strong partnership between two sides unlike past trust deficit

Nepra surprises consumers with alarming Rs4.96 hike in base tariff

Nepra fixed the national average tariff at Rs29.78 per unit for 2023-24

Blinken lauds Pak-IMF deal

Says Washington stands by Islamabad in hard times

G20 to discuss international debt architecture, more loans to developing nations

Zambia, Ghana, others are waiting for big creditors to make progress in providing debt relief

Pakistan gets $1.2bn from IMF as a first tranche under new deal

Dar says country's foreign reserves jumped by $4.2bn in the last four days

Increasing energy prices, interest rates, tax collection remains IMF's focus

Kristalina Georgieva notes Pakistan needs to faithfully execute stand-by arrangement

PSX remains volatile, sheds 248 points despite gains in early trading

Share prices of 59 companies down, 33 up, four remain unchanged

PSX climbs to 14-month high as positive news comes from Saudi Arabia

Investors have regained confidence after Pakistan reached a deal with IMF

Pakistan receives $2bn deposit from Saudi Arabia

Move fulfils one of the major conditions set by IMF, which concerns external financing

Argentina inflation seen at 142pc this year, govt targets $44bn loan renegotiation with IMF

Latin America's third-biggest economy has also been strained by a historic drought

IMF to seek assurances from political parties on $3bn bailout programme

The IMF's resident representative Esther Perez Ruiz seeks assurances in a statement

IMF Executive Board meeting on Pakistan scheduled for July 12

Pakistan secured a badly needed $3 billion stand-by arrangement (SBA) from the IMF on Friday.

Ahsan express satisfaction with recent IMF package

Ahsan Iqbal described IMF agreement as a much-needed respite that restored investor confidence.

PM Shehbaz optimistic about IMF programme's approval by July 12

The nine-month SBA will provide $3 billion, equivalent to 111% of Pakistan's IMF quota

Bucks to blunders: the debt deals dilemma

Greece, a relevant case study for Pakistan where repeated IMF programmes made matters worse

Rupee gains Rs10.49 against dollar in interbank trading after IMF deal

The effects of IMF deal seen in currency market

Pakistan assures IMF of reforms, increase in revenue collection, no tax amnesty

Writes Letter of Intent to the world’s top financial institution

Pakistan to receive first IMF tranche of $1.1bn in July, says PM Shehbaz

PM Shehbaz calls for strict action against Sweden's sacrilege of Holy Quran

Pakistan will require another IMF programme, decision possible after elections: Moody's

Says latest deal under stand-by arrangement to improve liquidity, open support from others

Pakistan Stock Exchange bounces over 2,446 points on the back of IMF deal

Trading suspended due to the volatile nature of market

Tessori heaps praise on Shehbaz, Dar for averting default

Tessori hopeful this will be last IMF agreement

PM hopes IMF's SBA to help Pakistan achieve economic stability

The Prime Minister also prayed for this new programme to be the last one for Pakistan.

IMF bailout: Miftah extols PM Shehbaz's 'personal commitment'

Clouds of default will recede: Miftah Ismail

Iqbal praises PM Shehbaz for efforts to secure IMF deal

Inflation will be kept under control: Iqbal

Pakistan-IMF agreement deals blow to opponents: Khawaja Asif

Says it provides a window to address economic ailments

What Pakistan needs to do under the IMF programme

Deal comes under stand-by arrangement instead of Extended Fund Facility which expires Friday

PM confident of economic stability after sealing $3bn agreement with IMF

Shehbaz appreciates Dar’s efforts in getting the deal

Lebanon economic crisis worsened by vested interests: IMF

Beirut signed a deal in April 2022 but hasn't met conditions to secure a full $3 billion financing

Pakistan seals $3bn staff-level IMF agreement

Deal result of months of talks as govt accepted the conditions set by the world's top lender

Sri Lanka unveils domestic debt restructuring plan, asks foreign investors for a 30pc haircut

The framework will now be presented to parliament on Saturday for approval

Petroleum Development Levy: Will the govt further burden the people or absorb the increase?

It can increase it one go or in increments or even delay imposing it

IMF bailout: Good news expected within 48 hours, says PM

PM Shehbaz vows to briskly advance country's economic programme

Progress being made to complete IMF programme: Dar

Ishaq Dar said outsourcing airports and the Charter of Economy would be made to facilitate people.

IMF says talks underway with Pakistan to revive bailout package

IMF says talks underway with Pakistan to revive bailout package

Pakistan's dollar bonds up after National Assembly passed revised budget

They are still at deeply distressed levels of just under 53 cents

Pakistan-IMF staff level agreement expected on Tuesday

MEF draft shared between IMF, finance ministry

Stocks get more than 1,200 points boost amid IMF programme revival hope

Reports about progress in talks with IMF are seemingly the reason

Pakistan asks IMF to relax $6bn external financing condition

The international financial institution still wants to withdraw subsidies given to textile sector

Amnesty scheme designed to attract foreign currencies transfer withdrawn under IMF pressure

Govt has also removed import restrictions, imposed Rs215 new taxes

'Mini budget': Govt agrees to impose Rs215bn new taxes to ink IMF deal

Ishaq Dar shares details of new taxes in the National Assembly

Is Pakistan-IMF deal just around the corner?

Pakistan to secure $1.1 billion of $6.5 billion funding

IMF tells Pakistan to reset budget or lose loan deal

Demands comes despite the fact Shehbaz held a meeting with Georgieva in Paris

Pakistan fulfills another IMF condition, removes import restrictions

Banks were previously advised to prioritise certain types of imports under different categories

PM hopeful of agreement with IMF

Prime Minister Shehbaz Sharif on Friday said Pakistan has met all conditions of the IMF.

At Paris summit, World Bank, IMF take steps to boost crisis financing

Aim is to boost crisis financing for low-income states, ease debt burdens, reform post-war finances

Govt fully committed to IMF programme: PM

PM said the government was fully committed to the ongoing Extended Fund Facility of the IMF.

Why Dar goes ballistic?

Dar goes ballistic over question about IMF

Infant mortality rises when sovereign debt defaults drag on, study says

Western officials blame China for delaying resolution of Zambia's debt restructuring

Shehbaz tells Georgieva that Pakistan met all responsibilities under IMF deal's 9th review

Says releasing funds to stablise economy, provide relief to masses

Dar meets US ambassador, seeks help to salvage IMF deal

Reports say Pakistan has also requested meeting between Shehbaz, Kristalina Georgieva

PM Shehbaz hopes to meet Kristalina Georgieva in Paris for rescuing IMF deal

It was reported earlier that talks between two sides had collapsed

Bridgetown Initiative: Macron hosts summit to reform multilateral financial institutions

Rising interest rates major concern; More financing for countries needing most among demands

Pakistan-IMF talks collapse as current agreement expires on 30th

$2.6bn not disbursed so far out of $6.5bn programme

Pakistan's failure to seal deal with IMF to increase risk of default: Bloomberg

Without an IMF programme, the options for securing fresh external funding will be severely limited.

Nepra considers tariff hike as govt increases power sector subsidy for FY24

Devaluation, higher interest rate main reasons rebasing price for consumers

Reza Baqir thinks Pakistan is inching towards default, calls for close liaison with IFIs

Comments comes as reports emerge that the country has 'activated Plan-B'

Pakistan activating 'Plan-B' as stalemate with IMF talks persists

Move comes as Dar blames geopolitics aimed at pushing the country towards default

UN steps up criticism of IMF and World Bank for benefitting rich nations

Guterres says G-7 received $280bn during pandemic, least developed countries jus $8bn