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:…
IMF
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…
Gold surpasses previous high, breaches Rs225,000-mark for first time
The price of gold in the international market rose by $29 to settle at $2,044 per ounce. Gold surpasses previous…
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…
Honda Atlas extends longest production shutdown till May 15
This is 4th time Honda has extended plant shut down since March. Honda Atlas extends longest production shutdown till May…
Largest recipient of ADB: Pakistan took loans worth $5.58bn in 2022
Amounts received include $2.67bn concessional funding. Largest recipient of ADB: Pakistan took loans worth $5.58bn in 2022. Owing to the…
Current account posts surplus for first time since Nov 2020
During the last nine months, CAD has declined 74.1% year-on-year. Current account posts surplus for first time since Nov 2020….
Pakistan shares plan to secure $3bn financing with IMF
Islamabad has informed IMF about its plan to secure a $450m RISE-II loan. Pakistan shares plan to secure $3bn financing…
Gold price soars to record high of Rs218,600 per tola
Gold price (24 carats) rises by Rs1,100 per tola and Rs943 per 10 grams. Gold price soars to record high…
Bill seeking approval for election funds rejected by NA & Senate committees
Finance ministry refuses to provide funds citing strict IMF conditions. Bill seeking approval for election funds rejected by NA &…