Tag: default

International Monetary Fund has assured that Pakistan has made "substantial progress" with regard to the policy commitments needed to unlock ...

The government has decided that there will be no deal with IMF and it's working on a narrative that the ...

The price of petrol has been increased by rupees five a litre, taking the price of the essential fuel to ...

The foreign exchange reserves held by State Bank have risen to $4.3 billion in the week ending on March 3, ...

Finance Minister Ishaq Dar has said that he is 'absolutely committed' to completing the $7 billion IMF programme, saying Pakistan ...

Former Senate chairman Raza Rabbani has said that the people of the country have the right to know if the ...

Pakistan must rethink and restructure its system of governance to deal with the issues facing the country, Miftah Ismail said ...

Finance Minister Ishaq Dar on Friday insisted that Pakistan will not default and former premier Imran Khan is the one ...

The State Bank of Pakistan has announced to increase the interest rate by 300 basis points to 20 percent, which ...

Finance Minister Ishaq Dar has said that negotiations with the IMF have neared their conclusion and the staff-level agreement with ...

The Consumer Price Index has touched 31.5% last month year-on-year, the highest in nearly 50 years, according to the Pakistan ...

Prime Minister Shehbaz Sharif has praised a "very friendly nation" for extending assistance to the country prior to the finalisation ...

The dismal state of the economy evokes the label that is sometimes used to describe the discipline of economics: the ...

Prime Minister Shehbaz Sharif on Wednesday announced sweeping austerity measures for his Cabinet, as the country continues to grapple with ...

As per news doing the rounds, the IMF has asked Pakistan for an interest rate hike in order to reduce ...

On Wednesday, the finance minister proposed to the Parliament a supplementary finance bill, mini-budget, that would raise the sales tax ...

How much of the economic burden is the military willing to share in the current crisis is the question, but ...

Finance Minister Ishaq Dar on Wednesday introduced the Finance Bill 2023, commonly known as the 'mini budget', in the National ...

British airline Virgin Atlantic announced to suspend its services to Pakistan, on Monday, and apologised for 'any inconvenience caused'. In ...

Former finance minister Miftah Ismail has said that Pakistan will have to enter another IMF deal as soon as the ...

A staff level agreement with IMF is yet to be reached, multiple reports quoted secretary finance as saying, indicating a ...

The federal Cabinet on Wednesday inducted two more members, according to a notification issued on Wednesday, making Pakistan's cabinet world's ...

The ongoing staff-level talks with the IMF are largely directed towards remedying the fiscal deficit, which involves increasing the development ...

Talks with the International Monetary Fund have entered a conclusive phase. Pakistan will receive a memo from the international lender ...

Daraz, Pakistan's largest e-commerce platform, will be reducing its workforce by 11 per cent to prepare for the ‘current market ...

One cannot deny the fact that Pakistan is currently undergoing one of the worst economic crises in its history. Inflation ...