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
Pakistan sees 2.13pc growth in July-Sept quarter against 0.96pc year earlier
Economy contracted by 0.17pc in 2022-23
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 Gaza economy facing devastation, Israel to see economic slowdown
Notes the sooner this war ends, the better
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
Windfall tax imposed on banks to help govt collect Rs44bn as it secures successful IMF review
Move targets the profits earned in 2021 and 2022
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.
IMF's Georgieva says tax collection basic issue for Pakistan
Two sides will share policy draft today
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
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
KSE-100 Index shatters 54,000 ceiling before profit-taking pushes it back into red
Market believes that the rake hike cycle has ended
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
Finance ministry report notes draining effects of high interest rates on govt resources
Central bank on Monday decided against rate cut
Sri Lanka goes for VAT hike to 18pc to meet IMF targets
Minister admits ‘public is struggling’, but says ‘we have no choice’
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
PIA in a quagmire with flight operations in complete disorder
Another 49 flights have been cancelled
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
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
Cashless PIA unable to disburse salaries to its staff amid prescribed privatisation
The airline has already grounded some aircraft
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
Fuel, electricity price hikes to boost inflation: Ministry of Finance
Says Kissan Package having a positive impact
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
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 food inflation stays high at 38.5pc as 'IMF reforms' kick in
Overall inflation hovers around 27.4pc
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
Brazil's Lula says IMF loans are suffocating, advocates common currency for BRICS nations
Stresses Argentina should join the five-nation bloc
Pak rupee open market rate up Rs3 as local currency can't cope with 'pricing mechanism'
IMF conditions acting as push factor
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
Another rate hike looms amid IMF conditions as SBP to reveal monetary policy today
Most experts are fearing 1pc increase in interest rate
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
IMF loan in election year: Argentina opts to 27pc weaker peso for trade only
South American country wants revival of $44bn deal
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
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
Pakistan on IMF Executive Board agenda today as country awaits $3bn deal's future
The stand-by arrangement (SBA) was agreed on June 30
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
More inflationary measures on the cards as govt set to hike power, gas tariffs
Move part of the IMF deal
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
Shehbaz comes up with economic revival plan as Pakistan secures IMF deal
PM takes nation into confidence over IMF deal
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
Shehbaz contacts IMF chief again, hopes stalled package to be released in day or two
It is fourth contact between the two in last few days
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.
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
