IMF warns Asia retaliatory tariffs could undermine growth

"The tit-for-tat retaliatory tariffs threaten to disrupt growth prospects across the region,"

PSX continues promising streak with 94,763 on board

KSE-100 index touched 94,982 earlier in the day

Sri Lanka election: President Anura Kumara Dissanayake seeks increased parliamentary strength

Just over 17 million Sri Lankans were eligible to elect lawmakers

IMF urges Pakistan to professionally engage foreign investors

IMF demanded uniform merit-based incentives for investors, and ending tax exemption in SEZs.

FinMin briefs IMF mission on economic targets

Meeting discusses progress on the Extended Fund Facility (EFF) worth $7 billion

Digitisation a requisite for driving economic growth: FM Aurangzeb

Says foreign investment in Pakistan could only materialise through the private sector

Govt set to meet IMF mission to acquire $1 billion for climate financing

IMF mission to review economic performance and budget targets

Ghana inflation rises for second month in October

October's inflation rate was the highest since June

FBR dismisses claims of IMF rejecting revision of targets

It is outrightly denied that any such meeting has taken place with the IMF

IMF demands mini-budget as FBR fails to collect tax targets

Sources say a mini-budget worth Rs500 billion could be announced by govt

None would be harassed for taxes, Finance Minister Aurangzeb

We are "deleting" term "non-filer" itself, said Aurangzeb

ADB to provide policy based loan to Pakistan, says Aurangzeb

both sides agreed on the importance of domestic revenue mobilization, regional cooperation

Pakistan requests $1bn in IMF climate cash and sees reserves rising

The RST, created in 2022, provides long-term cash for climate-related spending

Aurangzeb urges IMF to embed social protection measures in lending frameworks

He highlighted reforms aimed at increasing the tax-to-GDP ratio, reducing energy sector losses

IMF, World Bank meetings clouded by wars, slow economic growth, US election

"The US election is not on the official agenda this week, but it's on everyone's mind"

Pakistan to request IMF for $2bn in climate financing

Aurangzeb would make request for additional $2 billion during annual meetings of the IMF

Finance Minister departs for US to attend IMF, WB meetings

Also meet with his counterparts from China, UK, Saudi Arabia, UAE

Pakistan agrees on 22 conditions with IMF

Govt has also agreed to approve changes in gas tariffs by Dec 2024

Stocks falter after a brief upward spiral

The KSE-100 index stood at 82,308 points after losing 228 points.

IMF predicts decrease in unemployment rate in Pakistan

The unemployment rate is expected to decrease from 8% to 7.5%

SBP receives first installment of $1.026bn loan from IMF

Pakistan’s foreign exchange reserves have increased by $1 billion

Stocks on history-making spree after IMF loan approval

KSE-100 index touched all-time high of 82,720 points

Sri Lanka to begin talks with IMF to take forward $2.9 bln bailout

Sri Lanka to begin talks with IMF to take forward $2.9 bln bailout

PM Shehbaz to meet IMF, World Bank heads in New York today

He said Islamabad had met strict conditions of the IMF and hoped that Pakistan would get the loan

IMF approves much-needed $7bn bailout package for Pakistan

IMF decided on Pakistan's plea in its Sept 25 board meeting

Mini-budget worth Rs1 trillion on cards

No extension to deadline for filing income tax returns: FBR

KSE-100 index peaks at 82,317 points as IMF deal on the cards

PSX continued to witness an upward trend during the last day of trading

Bulls rally on the trot as KSE-100 index reaches epoch-making 81,972 points

The KSE-100 index reached all-time high amid hopes of IMF loan approval

Bulls rule stock market as IMF includes Pakistan in executive board meeting on Sept 25

After a day’s break of Eid-e-Milad, the KSE-100 index reached 80,549 points

IMF includes Pakistan's review in Sept 25 executive board meeting

Global lender will review the new loan programme worth $7 billion

PML-N government will resolve economic woes, asserts Maryam Nawaz

Says current IMF program will be the last program

Pakistan sanguine about approval of $7bn IMF bailout package on Sept 25

IMF confirms it will have board meeting on Sept 25 to consider Pakistan's loan

Pakistan meets IMF bailout conditions with help from friendly nations, says PM Shehbaz

Pakistan is moving towards development after achieving economic stabilisation: Finance Minister

Circular debt to rise by Rs100 billion, govt tells IMF

Sources said that the IMF expressed its concerns to the government on a whooping rise in debt

Pakistan seeks $1.7 billion loan from global institutions to pave way for IMF agreement

Sources say the loan has been sought for commodity and commercial purposes

IMF keeps Pakistan guessing

The Ministry of Finance and the international donor mission hold virtual meeting

PIA to be privatised on Oct 1, says official

PIA lost Rs500 billion in the last eight years

IMF refuses exemption on stationery tax as prices go through the roof

Negotiations between IMF and Pakistan govt fail to bear fruit

Transient relief for govt as 'friends in need' roll over $12bn debt for one year

Timely rollover by China, KSA and UAE is believed to pave way for new IMF deal

Reforms are inevitable to get rid of IMF: Finance Minister

Fiinance Minister was speaking to a ceremony in Islamabad

IMF bemoans Pakistan's attempts to raise exports

Pakistan is a very weak country as compared to countries in region so far as exports are concerned

IMF to review Kenya's revised economic plan at end of August

IMF to review Kenya's revised economic plan at end of August

KSE-100 Index makes gains after massive contraction in last session

Market is eyeing IMF programme and reduced interest rates amid political uncertainty

Higher food prices, expensive fuels fuel Pakistan's weekly inflation

Indirect taxes imposed by Islamabad responsible for this trend

Pakistan is looking for external financing avenues: Aurangzeb

Statement comes in the wake of latest agreement on IMF programme

Stocks record-breaking spree continues amid hopes of economic turnaround

Stocks trade at 81,600 points after gaining 525 points

IMF asks govt to halt additional power production

Global lender sees country's salvation in truncating financial losses

IMF programme to boost Pakistan external financing: Moody's

Warns of social tensions and weak governance amid stubborn inflation

PM Shehbaz, PML-N President Nawaz discuss political situation

Supreme Court decision on reserved seats, IMF deal also came under discussion

Aurangzeb sees IMF-induced macroeconomic stability

Statement comes after Islamabad achieves a new IMF programme

Pakistan reaches new $7 billion loan deal with IMF

New loan deal will last for 37 months and it is aimed at strengthening fiscal and monetary policy.

Shehbaz harps on 'tough decisions' mantra in face of stringent IMF demands

During cabinet meeting, PM asks ministries to step up performance

KSE-100 index breaches 81,000 mark amid optimism about IMF deal

Peaking at the right time, the stock market adds 456 points to cross 81,000 barrier

Cash-strapped Pakistan to hammer out $6.5bn deal with IMF soon, sources

PM office likely to contact international lender in a few days for finalising the deal

It won't be last IMF programme, if tax collection isn't improved: Aurangzeb

Says he empathises with the pain people will feel because of the budget

Tough, unpopular budget a stepping stone for IMF programme: Ali Pervaiz

Says Pakistan has met all requirements and no major issues left to address

KSE-100 Index up 0.86pc amid the progress made in IMF talks

Crosses 80,000 mark as market sees economic stability

President Zardari gives his assent to Finance Bill 2024

Indirect taxation, increased taxes on salaried classes are again the hallmark of Rs18,877bn budget

EU chief in Egypt for two-day joint investment conference

EU chief in Egypt for two-day joint investment conference

What does IMF demand after budget? It's 'do more'

IMF wants increase in the electricity and gas prices by July 10 next month

MQM-P demands economic emergency imposition across the country

Suggests Asif Zardari, Nawaz Sharif to donate their properties to Pakistan

Budget 2024-25: IMF all praise for the tough decisions

A team is expected to reach Islamabad in the coming days to finalise next programme

Pakistan can move forward only if everything is handed over to private sector: Aurangzeb

Rejects criticism, strongly advocates privatisation of state-owned enterprises

Lula again questions high Brazilian interest rates 'in a country with 4pc inflation'

Says celebrating with central bank chief must be ‘profiting’ from elevated borrowing costs

Be ready for spike in prices of daily-use products

Chocolates, milk, yogurt, clothes, soap, shampoo, hair colour, mobiles to cost more

Pakistan budget will aim to set stage for IMF programme

Islamabad is in talks for a loan estimated to be anything between $6bn to $8bn

FBR to grant tax exemptions to former FATA region

IMF desired to end such exemptions

Pakistan inflation drops to 11.8 in May, reinforcing rate cuts hopes

Monetary Policy Committee is scheduled to meet on June 10

Govt increases power tariff by Rs3.25 per unit

Increase will result in additional burden of Rs 46 billion

Sri Lanka interest rates maintained to foster economic stability

Annual inflation in April was 1.5pc, down from 6.4pc at the start of the year

Pakistan trade deficit to increase by over $4.16bn in 2024-25: IMF

Imports to hover around $60.48bn against exports of $32.76bn

Federal development budget Rs1,200bn, tax collection target Rs12,500bn

Finance Minister Muhammad Aurangzeb will table budget on June 8

PSX hits new peak amid IMF programme advancement, UAE investment pledge

PSX surpasses 76,000-point milestone for first time

Pakistan domestic, external debt to witness a substantial increase in FY25

Sources are expecting an addition of Rs10,433bn to the total

More gas tariffs hikes planned as Pakistan eyes another IMF programme

Proposal to affect domestic consumers as well as fertilizer, cement and CNG sectors

IMF cautions on timing of Bank of England rate cut

IMF cautions on timing of Bank of England rate cut

Pakistan sees 2024-25 inflation at 11.8pc, IMF thinks it will be 12.7pc

Economic wizards have shared macroeconomic framework with the visiting team

Ongoing IMF-Pakistan talks aren't likely to produce any result

Process to continue after the visiting team leaves Islamabad

IMF and Pakistan start policy-level talks

Size of next loan programme one of the key subjects

Pakistan external financing needs estimated at $22bn, lower power tariffs proposed for industries

Islamabad sees loan rollovers, plans issuance of sukuk and panda bonds

Pakistan stocks set a new high, but later opt for market correction

Recent surge is product of rate cut prospects, progress in IMF talks

Signs are Pakistan fuel prices may see a sizeable cut with effect from midnight

Petrol and diesel are expected to get cheaper by over Rs12 and Rs8 respectively

Don't raise tax rates, expand tax net. It will also help arrest inflation: Citibank

Says State Bank of Pakistan will start interest rate cuts next month

Power basic tariff hike is one of the IMF demands

Wants subsidy cuts, arresting electricity theft

All state-owned enterprises, except strategic ones, to be privatised: PM

Says running businesses isn’t a government job

What IMF chief says about artificial intelligence

She says artificial intelligence is hitting labour forces like a "tsunami"

KSE-100 reaches a new high amid rate cut hopes

Expected progress on new IMF programme also boosting the morale

Talks start to secure IMF programme, agreement reached on budget targets

No borrowing from central bank, timely external debt repayment to be ensured

No backtracking on tax net expansion: Aurangzeb

Also lists privatisation and energy sector reforms among top priorities

Govt considers phasing out tax exemptions in next budget

Move under IMF pressure to hit farmers adversely

IMF wants Pakistan to end subsidized gas, electricity to industries

IMF's policy guideline highlighted major economic woes

IMF mission due in Pakistan on May 16 to discuss new loan programme

Pakistan expected to seek at least $6 billion and request additional financing from the Fund

PSO proposes debt swap for stake in Pakistan public sector companies

The government with a 25pc stake is the biggest shareholder of Pakistan State Oil

Govt working on retirement, pension reforms

Azam Nazeer Tarar says move to cover all institutions which will be taken into confidence

Corruption biggest reason behind unmet revenue targets: PM Shehbaz

PM vowed to take action against those involved in corruption

PTA opposes proposal to block 500,000 SIMs. What's other option for FBR?

FBR had proposed blockage of a large number of SIMs to rein in non-filers

Former PM Raja Pervez Ashraf raises concerns over IMF bailout conditions

PPP leader says govt should brief parliament on IMF package

Shehbaz is relieved after IMF decided to release $1.1bn tranche

Notes SBA remains only second programme in Pakistan’s history after the success under elder Sharif

Asian central banks shouldn't rely on US Fed interest rate moves: IMF

Notes adverse effects of Chinese ‘excess capacity’ both domestically and regionally

Pakistan interest rates likely to be maintained, IMF will formally approve release of $1.1bn

Some experts still believe up to 100 basis points rate cut is possible

PM reaffirms commitment to revive Pakistan's economy in meeting with IMF chief

PM reaffirms commitment to revive Pakistan’s economy in meeting with IMF chief

Iran-Pakistan Gas Pipeline remains stalled under cloud of sanctions

The US has said publicly that it does not support the project

IMF executive board to meet April 29 on $1.1bn Pakistan disbursement

IMF executive board to meet April 29 on $1.1bn Pakistan disbursement

Blome upbeat about Pak-IMF talks, commends counterterrorism efforts

Blome upbeat about Pak-IMF talks, commends counterterrorism efforts

Stocks set a new record amid growing hope for interest rate cuts

KSE-100 overcomes 72,000 hurdle by gaining nearly 1pc

No 'Plan B' when you are in an IMF programme: Finance Minister

Says talks for another loan package prerequisite for economic stability

Finance Minister addresses rating agencies, highlights positive indicators and reforms

Finance Minister addresses rating agencies, highlights positive indicators and reforms

IMF admits Pakistan loan request: Minister says taking steps to curb inflation, US rates not a 'big concern'

Islamabad is hoping for up to $8bn under EFF under a programme spanning over two to three years

IMF concerned about debt, fiscal challenges facing low-income countries

Georgieva terms it a huge burden for these nations

IMF urges Italy, France to spend less, Germany to loosen purse strings

IMF urges Italy, France to spend less, Germany to loosen purse strings

Pakistan economy improving, funds will be provided on request: IMF

Officials say more work needed to reform energy sector

IMF chief urges attention to war-ravaged Yemen, Sudan

IMF chief urges attention to war-ravaged Yemen, Sudan

Sri Lanka to consult with IMF on latest bondholders' proposal

Sri Lanka to consult with IMF on latest bondholders' proposal

IMF calls for fiscal restraint in year with most elections ever

IMF calls for fiscal restraint in year with most elections ever

Tarar hopes May 9 cases will reach logical conclusion

Regrets court gave relief to those facing serious charges

IMF sees lower inflation, higher growth in Pakistan

Also predicts decline in the employment rate

Pakistan, IMF discussing new multi-billion-dollar programme: Aurangzeb

Ready to engage in initial discussions with Pakistan on new loan deal: IMF spokesperson

Pakistan hopes to secure new IMF loan as quickly as possible: Aurangzeb

Says, "We are looking for larger loan. We will need a two to three year time period

Shehbaz vows to check power theft, Nepra seeks tariff hikes amid reduced consumption

Prime minister for promoting renewables, improving transmission system, crushing mafias

Pakistan to seek additional IMF climate financing as well

It will be in addition to the main package request under extended fund facility

Record debt costs mean climate spending could push nations to brink of insolvency

Report says 47 developing countries would hit external debt insolvency thresholds

IIED advocates debt swaps, lists Pakistan among possible beneficiaries

Says its report aims at encouraging the move at the IMF and World Bank spring meetings

Finance Minister Aurangzeb leads delegation to US for IMF talks on new bailout package

Finance Minister Aurangzeb leads delegation to US for IMF talks on new bailout package

Minister briefs PM on IMF, WB meetings during upcoming US visit

Minister briefs PM on IMF, WB meetings during upcoming US visit

Pakistan seeking potential follow-up loan programme to $3bn SBA, says IMF chief

Pakistan seeking potential follow-up loan programme to $3bn SBA, says IMF chief

FBR is all set to block SIMS of 0.5m tax evaders

The individuals failed to file their returns despite receiving notices

Interest rate cut hopes help KSE-100 Index jump by 1.30pc

Progress in PIA privatisation also acting as confidence booster

Bids from interested parties invited for PIA privatisation

Govt will retain 49pc shares in national flag carrier

Pakistan annual inflation declines to 20.7pc in March

It is the lowest reading since May 2022 when the CPI had clocked 13.8pc

No discussion on China-Pakistan deals in negotiations: IMF

The donor expressed satisfaction at implementation of its recommendations in the stand-by agreement

Govt reaches a deal with banks on PIA loan reprofiling

Privatisation plan envisages offering 51pc shares of the national flag carrier

KSE-100 Index sets a new high as privatisation prospects boost morale

Reaches 67,010.94 a day after closing at 66,547.78

Sri Lanka interest rate slashed, as Island nation seeks China deal

The central bank says the move will boost ‘the ongoing revival of economic activity’

Zambia strikes preliminary deal on $3bn international bond rework

Southern African nation defaulted on debt three years ago

China told it faces 'fork in the road' as officials meet CEOs

IMF chief says higher reliance on domestic consumption to be a key feature of high quality growth

Pakistan, IMF to discuss Extended Fund Facility next month, says finance minister

Aurangzeb says Pakistan will issue $300mn Panda Bonds to access Chinese market

Govt's tough decisions to steer country out of crisis: state minister

Govt's tough decisions to steer country out of crisis: state minister

Pakistan and IMF reach staff-level agreement after final review of Stand-By Arrangement

Washington-based lender warns of higher inflation and modest economic growth

Ongoing IMF talks likely to extend as negotiations hit a snag

Ongoing IMF talks likely to extend as negotiations hit a snag

IMF, Pakistan to hold final round of talks today

Another session may be scheduled for tomorrow if negotiations remain inconclusive

Govt accepts IMF's do more demand, will hike electricity tariff

The proposal to increase the levy on petroleum products was also considered

IMF probing cyber security incident

IMF probing cyber security incident

Pakistan rejects IMF's demand for changes in NFC Award formula

Pakistan rejects IMF’s demand for changes in NFC Award formula

PTI miscreants attempting to derail Pakistan's vital IMF deal, says Tarar

PTI miscreants attempting to derail Pakistan's vital IMF deal, says Tarar

Positive IMF review outcome hopes propel Pakistan stocks by 1.59pc

Some experts are now hoping for rate cut on Monday, but a Reuters poll says it won’t happen

Pakistan interest rates expected to maintained at a 22pc high on Monday

Stock market has recently suffered losses amid fading hopes of reduction in borrowing costs

IMF praises Pakistan, but wants stricter policies including no cheap gas for fertiliser plants

Visiting team starts final review of current programme, is briefed on govt plans

Aurangzeb is aiming at expanded long-term deal as IMF team arrives for last SBA review

Talks about boosting tax collection and expediting privatisation

IMF mission to hold economic review talks from March 14

The negotiation with Fund will be held from March 14 to 18

KSE-100 Index down 1.45pc amid rising inflation and fading interest rate cut hopes

Market is in dire need of some catalyst to kickstart a crippled economy

Aurangzeb advocates new IMF deal as energy tariff hikes keep fuelling inflation

Release of $1.1bn under current arrangement is his first priority

A familiar story: Currency devaluation, subsidy cuts worsen Nigeria cost of living crisis

A basket of tomatoes now costs 55,000 naira – about double the national minimum wage

Egypt urban inflation jumps to 35.7pc in Feb as currency devaluation is expected to inflict more pain

Egypt has also opted for rate hikes by 6pc as it successfully secured an $8 billion deal with IMF

IMF hints at sending its mission to Pakistan for economic talks

The current standby arrangement ends in April 2024

Egypt secures IMF deal but inflation-hit Egyptians feeling more price pain after currency devaluation

Sisi remains focused on mega-projects as Cairo follows the IMF conditions

Egypt pound nosedives as Cairo goes for free trading, hikes interest rates by 6pc

Currency slides to 45 pounds for a dollar from previous level of 30 as govt meets key IMF demand

Pakistan power demand will fall in 2024 amid rising tariffs: Hubco

Last year too saw decline in electricity consumption; people feeling the impact of IMF bailout

In Argentina's barrios, rising poverty stalks Milei austerity drive

Argentina poverty rate topped 57 per cent at the start of the year

Dar, the close aide of elder Sharif, wasn't at Shehbaz Sharif's first meeting

Renowned banker Muhammad Aurangzeb comes into limelight

Shehbaz directs economic team to hold talks with IMF, expedite privatisation

These directives will certainly help boosting investors’ morale, calm the markets

PTI begging US to grant NRO to party founder, claims Ahsan Iqbal

PTI begging US to grant NRO to party founder, claims Ahsan Iqbal

PTI letter to IMF: Nawaz says no political party can do so

Shehbaz says PTI founder’s sole aim is destroy Pakistan completely

China rolls over $2bn loan to Pakistan: Shamshad Akhtar

The amount was due in March and has been extended for one year

Cairo announces $35bn UAE investment on Egypt Mediterranean coast

Most-populous Arab state is facing a chronic foreign currency shortage

Thousands protest as poverty and hunger grows amid Argentina austerity

38,000 meal centres received their last batch of govt supplies in Nov before Milei was inaugurated

Barrister Gohar affirms PTI will not go against state, democracy

Letter to the IMF will be shared with the public, says PTI leader

PTI founder to push for IMF aid suspension over alleged 'election rigging', says Zafar

PTI founder to push for IMF aid suspension over alleged ‘election rigging’, says Zafar

Capacity payments to power producers have doubled when compared with total price

Nepra calls for closing obsolete power plants and increase power consumption

Announcement about deal on govt formation propels Pakistan stocks

KSE-100 Index gains 1.81pc as investor await Islamabad’s future line of action to revive economy

Securing external financing to one of the most urgent issues for next Pakistan govt: Fitch

Says political instability will hamper future deal with IMF amid tougher conditions

Argentina inflation: Soup kitchens serving the hungry poor are on brink of collapse

Milei pushed the prices further up through peso devaluation, subsidy cuts, loosening price controls

Fractured mandate puts stocks at slippery slope, KSE-100 down over 3.50pc

The market was hoping for a strong government which could produce sustained economic policies

Higher costs of living hit Pakistan election campaigns too

A person selling party flags says the business has been reduced to half when compared with last poll

Pakistan interest rates? IMF sees scope for Asia rate cuts

A day earlier, it had slashed growth forecast for Pakistan to 2pc in 2024

Pakistan budget deficit reaches 2.3pc of GDP during July-Dec period

Petroleum Development Levy collection jumps by 166pc to Rs473bn

Austerity: Prime Minister's Development Projects and Initiatives may get Rs53bn cut

Total amount budgeted amount is Rs80bn, just Rs2bn have been released

Central bank expected to keep Pakistan interest rates steady

There has been no change since the hike to the current level of 22pc in June

Govt plans disbursing Rs1,250bn to settle circular debt

Move is subjected to the IMF’s approval

Pakistan assures IMF of checking electricity theft, privatisation of Discos

A transaction advisor would be appointed by the end of April to start the process

IMF hails Pakistan energy tariff hikes, says economy is on the right track

Says Islamabad achieved the goals set for July-September quarter

Unchecked ripple effects of devaluation: Argentina may go for further weakening its peso

A 211pc inflation, widening gap between official and parallel exchange rates are the reasons

IMF says Sri Lanka needs to reach deals with creditors, more financing critical for Egypt

Sri Lanka has to raise its value-added tax to 18pc from 15pc to meet revenue targets