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…
Economy
Follow the latest economy news, inflation updates, currency movements, interest rates, trade, taxation, employment, government budgets, energy prices, and financial policy developments from Pakistan and around the world. Get clear reporting and analysis on the economic indicators and decisions that affect households, businesses, investors, and national growth. Economic coverage commonly includes policy, jobs, trade, banks, inflation, taxes, and broader economic conditions.
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…
State Bank imposes Rs224 million in fines on 5 commercial banks
State-owned Sindh Bank gets a penalty of Rs55.393 million by the SBP for violation of general banking operations. State Bank…
Govt expected to keep standard rate of GST unchanged at 18%
Govt also considering amendments to bring retailers in tax net. Govt expected to keep standard rate of GST unchanged at…
Govt unaware of full scope of current economic crisis: Miftah Ismail
Pakistan’s economic woes are not caused by IMF, former finmin says. Govt unaware of full scope of current economic crisis:…
Rupee nosedives to all-time low of 290 against dollar amid political tumult
Moody’s Investor Service warned without an IMF programme, Pakistan could default. Rupee nosedives to all-time low of 290 against dollar…
Pakistan faces default risk without IMF loan: Moody’s
Pakistan financing options beyond June are “highly uncertain”: Moody’s Pakistan faces default risk without IMF loan: Moody’s. Moody’s Investor Service…
IMF prepares to discuss Pakistan budget plans as funding lifeline nears
Negotiations over key budget targets are one of last hurdles. IMF prepares to discuss Pakistan budget plans as funding lifeline…