IMF

KARACHI – The Pakistan Stock Exchange (PSX) kicked off the New Year with a remarkable surge, crossing the 176,000-point mark for the first time in its history, driven by a strong buying spree. During Thursday’s intraday trading, the…

KARACHI – World Bank approved $700 million in fresh financing aimed at restoring macroeconomic stability, fixing public finances, and improving the delivery of essential services across South Asian nation. The funding comes under Pakistan…

ISLAMABAD – The International Monetary Fund (IMF) has rejected Pakistan’s request to remove the 18 percent GST on contraceptive products. During a virtual meeting, the Federal Board of Revenue (FBR) sought immediate approval to eliminate…

ISLAMABAD: The Ministry of Finance on Sunday clarified that no new conditions have been imposed under the International Monetary Fund’s (IMF) Extended Fund Facility (EFF) program, emphasizing that the structural benchmarks outlined by the…

Islamabad: The International Monetary Fund (IMF) has expressed satisfaction over the increase in the budget of the Benazir Income Support Programme (BISP), while also calling for a further enhancement in the level of assistance provided…

ISLAMABAD: The International Monetary Fund (IMF) has set strict targets for Pakistan, including a reduction of Rs 143 billion in electricity subsidies and limiting circulatory debt flow to Rs 400 billion for the current fiscal year. The…

ISLAMABAD: The International Monetary Fund (IMF) has disbursed $1.2 billion to Pakistan in two separate tranches, providing a significant boost to the country’s external financing position. According to a private channel report, the Fund…

ISLAMABAD: Following approval of two loan tranches totaling $1.29 billion, the International Monetary Fund (IMF) has urged Pakistan to maintain a tight monetary policy, simplify and broaden its tax system, adjust power and gas…

Islamabad: Pakistan and Indonesia on Tuesday signed several agreements to boost cooperation across multiple sectors, including Halal trade, small and medium enterprises, higher education, anti-narcotics, and health. The accords were…