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…
Ishaq Dar
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Govt cuts petrol price by Rs8 per litre
New price of petrol will be Rs262 per litre. Govt cuts petrol price by Rs8 per litre. The prices of…
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…
Holding election within 90 days not a choice but constitutional duty, says CJP Bandial
CJP Bandial pays tribute to former top judge justice Alvin Robert Cornelius. Holding election within 90 days not a choice…
China rolls over $2bn loan to Pakistan, Dar confirms
“I am happy to confirm that this had been rolled over,” Dar says. China rolls over $2bn loan to Pakistan,…
Chinese bank deposits another $500m to Pakistan
Ishaq Dar says SBP received the amount in its account. Chinese bank deposits another $500m to Pakistan. Pakistan on Friday…
National Assembly unanimously approves much-needed mini-budget
The mini-budget’s approval comes as the government continues its talks with the IMF. National Assembly unanimously approves much-needed mini-budget. The…
Rs170bn in taxes to be imposed through mini-budget prior to IMF deal: Ishaq Dar
Dar says some reforms suggested by IMF are in Pakistan’s favour. Rs170bn in taxes to be imposed through mini-budget prior…
Govt hikes petrol, diesel prices by Rs35 per litre
Dar further announced that the prices of kerosene oil and light diesel oil have been increased by Rs18 per litre….
Govt seeks major IMF shareholders’ help for $7bn plan
Japan, Germany, and France are three other leading voting powers in IMF’s executive board with 6.14pc, 5.31pc and 4.03pc votes….