The proposal comes as part of a strategic plan to ensure continuity in economic policies and expedite foreign investment initiatives in the country, raising significant interest in the nation's political landscape.
He said no reason had been given by the IMF for the “unnecessary delay” behind the ninth review, which has been pending since November.
A week back, Pakistan PM Shehbaz Sharif held a telephone conversation with IMF Managing Director Kristalina Georgieva and urged her to revive the USD 6.5 billion deal that was initially signed in 2019 and is set to expire by...
Pakistan and the IMF agreed on a short term stand-by agreement (SBA) to help in the balance of payments and the fund already provided USD 1.2 billion.
Pakistan's Finance Minister Ishaq Dar Dar launched the Economic Survey 2022-23 at a crowded press conference, an annual ritual performed one day ahead of next year's budget
The general rate for minimum tax should be reduced to 0.25 per cent and carry forward of minimum tax credit be allowed for at least 5 years as prior to 2022, recommended the OICCI
On Wednesday, Shehbaz Sharif convened a high-level committee to restructure and revive the cash-strapped Pakistan International Airlines (PIA).
The funds are part of a $6.5 billion bailout package the IMF approved in 2019, which analysts say is critical if Pakistan is to avoid defaulting on external debt obligations
Pakistan is scrambling to increase its forex reserves which are estimated to be at $4.8 billion after China refinanced $500 million last week
Pakistan and the IMF have been holding virtual talks after the two sides held 10 days of intensive negotiations with an IMF delegation in Islamabad from...
Pakistan has a chronic balance of payments problem which was exacerbated in the last year, with the country's forex reserves declining to critical levels
After the rise, the price of petrol was set at Rs 249.80 per litre, high-speed diesel at Rs 262.80, kerosene oil at Rs 189.83, and light diesel oil at Rs 187...
The finance minister said, "they are trying their best to improve Pakistan's condition under Prime Minister Shehbaz Sharif's leadership"
The remarks from Sharif came as the country's economy is precariously tethering with just USD 3.7 billion in foreign reserves, which is considered a critical...
The PSAA chairman also wrote letters to State Bank of Pakistan (SBP) Governor Jameel Ahmed, Commerce Minister Syed Naveed Namar, and Maritime Affairs Minister...
The US and European nations have imposed crippling sanctions on Russia since Moscow invaded Ukraine on February 24. India has raised oil imports from Russia...
Pakistan Finance Minister Ishaq Dar was in Washington for talks with international lenders. He was heckled at the airport and called thief and liar.
