World Bank urges Pakistan for joint efforts to unlock $2bn funds
Disbursement of $2 billion possible after completion of deliverables. World Bank urges Pakistan for joint efforts to unlock $2bn funds….
Economy
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Top military brass assures full support in uplifting economy
COAS Asim Munir stressed on maintaining high standards of professionalism and motivation during operations. Top military brass assures full support…
4 million electricity consumers likely to get temporary relief under new plan
Final approval to collect bills in installments to be taken from cabinet. 4 million electricity consumers likely to get temporary…
Joe Biden signs bill extending debt ceiling for two years
The Legislation includes spending caps for next two years and reclaims unspent Covid relief funds. Joe Biden signs bill extending…
Pakistan to ‘end existing IMF programme, plans to negotiate new deal’
“Completion of all reviews before June 30 seems impossible and govt has decided against seeking an extension,” sources say. Pakistan…
Pakistan slams IMF’s ‘intervention’ in internal matters
Dr Pasha terms IMF mission chief’s statement “extraordinary”. Pakistan slams IMF’s ‘intervention’ in internal matters. State Minister for Finance and…
In last-ditch efforts, PM asks IMF chief to revive bailout programme
PM Shehbaz directs Ministry of Finance to prepare budget with IMF. In last-ditch efforts, PM asks IMF chief to revive…
Pakistan agrees to share budget details with IMF to unlock stalled programme
“Pakistan has already completed all conditions of IMF,” Ishaq Dar says. Pakistan agrees to share budget details with IMF to…
World Bank to give $213m to Balochistan govt for flood affectees
Programme will also restore degraded watersheds. World Bank to give $213m to Balochistan govt for flood affectees. In order to…
SBP’s reserves drop to $4.2 billion
Forex reserves to cover less than a month’s imports. SBP’s reserves drop to $4.2 billion. The State Bank of Pakistan…