Pakistan receives $1.16 bn from IMF
Earlier this week, the IMF Board had approved the much needed revival of EFF for Pakistan. Pakistan receives $1.16 bn…
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IMF condition: Govt to make asset details of bureaucrats & lawmakers public
Pakistan has sent back the signed letter of intent (LoI) to the International Monetary Fund (IMF). IMF condition: Govt to…
Govt lifts ban on import of non-essential goods
Pakistan was not having many dollars to spend on the import of luxury items: Miftah said. Govt lifts ban on…
Saudi Arabia agrees to rollover $3bn deposits in Pakistan
KSA has extended support multiple times to Pakistan. Saudi Arabia agrees to rollover $3bn deposits in Pakistan. Kingdom of Saudi…
Rupee posts historic appreciation against US dollar, recovers by Rs9.59
The rupee has recovered for a third consecutive session. Rupee posts historic appreciation against US dollar, recovers by Rs9.59. The…
Pakistan meets last pre-condition: IMF
This condition was fulfilled by increasing the PDL on July 31. Pakistan meets last pre-condition: IMF. The International Monetary Fund…
Inflation hits 37.6 percent on yearly basis
Lowest Income Group witnessed a weekly increase of 3.27% & highest income group recorded an increase of 3.54%. Inflation hits…
COAS appeals US to help expedite Pakistan-IMF deal
Pakistan & IMF reached a staff-level agreement over release of funds to support country’s fragile economy. COAS appeals US to…
Rupee nosedives to 239.94 against US dollar
Political uncertainty dragged local unit to historic low against the foreign currency. Rupee nosedives to 239.94 against US dollar. Amid…
Bangladesh seeks IMF support
Economists say Bangladeshi taka has effectively slid against the US dollar by around 20 percent in the past three months….