Petroleum sales in Pakistan decline 8pc YoY in August 2023
Sharp drop in sales was predominantly attributed to a staggering 64 percent YoY reduction in Furnace Oil (FO) sales
Imf
Fulham sign Leicester defender Castagne
"He's a versatile and very talented defender"
Chinese county offers $137 reward for young brides
It aims to promote what officials calling 'age-appropriate marriage and childbearing' for first-time couples
Chopper crashes off UAE coasts, crew search underway
It crashed into the Gulf sea during a night training mission
Morocco grieves as earthquake disaster claims over 1000 lives
Historic city of Marrakech experienced significant damage
Indian minister remarks about Prophet Muhammad (PBUH) spark row
He said Islam came to fight against dishonesty and evil
PML-N Senator Rana Maqbool Ahmed passes away
Veteran politician was unwell for some time, elected as senator from Punjab in March 2018
US Ambassador Donald Blome visits Gwadar
Envoy meets Gwadar chamber of commerce, political leaders
SRK & Rajkumar Hirani mulling over postponing 'Dunki'
While 'Dunki' is on schedule for a Christmas 2023 release, SRK and Rajkumar Hirani are indecisive about releasing a third SRK film in the same year
Nana Patekar addresses his absence as 'Uday' in 'Welcome to the Jungle'
The veteran actor breaks silence on why he wasn't approached for 'Welcome 3'
777 Partners agree to acquire Everton Football Club
More American investors entering the English Premier League
Maulana Tariq Jamil reveals Salman Khan listens to his speeches
The renowned Islamic scholar shares a surprising connection with Bollywood superstar Salman Khan
Mortal Kombat returns with intense violence in ‘Mortal Kombat 1’
Warner Bros. Games has released the trailer for Mortal Kombat 1, the latest instalment in the iconic video game franchise
Kakar vows to provide right off the bat solutions to power consumers
Reiterates providing all possible support for free, fair and transparent general elections
IMF agrees to govt's proposal for relief in electricity bills
If approved by cabinet, this measure will temporarily benefit about 4 million power consumers
Pakistan ranks 5th globally in outstanding IMF credit
On June 30, Pakistan sealed its 23rd lending commitment in history spanning 76 years
IMF seeks explanation from Finance Ministry, FBR on petrol smuggling
Fund insists on stopping smuggling of 143 million liters of petroleum products per month
IMF wants Pakistan to 'tax the rich more, protect the poor'
Kakar, Bill Gates discuss polio eradication in Pakistan, gender equality, child development
Global leaders converge in Marrakech for World Bank-IMF annual meetings
Marrakech to host World Bank-IMF annual meetings
Pakistan got more than $5bn loans in external financing
In August 2023, $316 million and in July $2.89 billion were received, according to Economic Affairs Division
Tax the rich, protect poor to tackle poverty, inequality & inflation: IMF tells Pakistan
Pakistan and IMF signed 9 month standby arrangement for an amount of $3 billion to support the Authority's Economic Stabilization program
Minister-led economic team departs for annual IMF, WB meetings
Annual IMF, World Bank meetings scheduled from Oct 9; Dr Shamshad Akhtar leads Pakistan team
Pakistan’s fiscal deficit to be Rs1,137bn more than target: IMF
Fund says country’s expenditures likely to be almost double its gross income
Pakistan assures IMF of fulfilling promises
Hgh-level meeting was held between caretaker Finance Minister Shamshad Akhtar and the International Monitory Fund (IMF) in Morocco.
IMF comes up with another stringent demand from govt
Global lender has no objections to providing funds for districts affected by recent floods
Israel-Hamas war contributing to global economic crisis: IMF chief
This impact includes disruptions in trade and tourism which are impacting countries like Egypt, Lebanon, and Jordan
IMF mission to arrive on Nov 2 for caretaker govt's first major test
IMF team to be briefed on first quarter's economic performance from July to September
Second tranche: Pakistan, IMF to start negotiations from Nov 2
IMF to reach Pakistan tonight
Pakistan assures IMF of full implementation of $3bn loan program
IMF asks Pakistan to strictly implement all targets
IMF asks Pakistan for report on losses incurred by state-owned firms
Finance Ministry has asked visiting delegation for time till December
Pakistan again decides to approach friendly countries for financial help
Pakistan faces huge external financing gap of $6.5 billion, shares plan with IMF
IMF demands Pakistan impose tax on retail, real estate, agri sectors
FBR says in case of a shortfall, fixed tax could be imposed on retailers
IMF puts new demands for Pakistan: ‘Focus on anti-money laundering measures’
Officials promised tougher penalties against dubious transactions ahead of budget
Pakistan eyes $710m installment as it engages in final round of talks with IMF
Rupee appreciation, stock market performance linked to IMF-Pakistan talks outcome as investors pin high hopes
IMF, Pakistan very close to sign Staff Level Agreement despite challenges: Kristalina Georgieva
IMF puts new demands for Pakistan: ‘Focus on anti-money laundering measures’
Climate change causing Pakistan loss of $2bn a year: IMF
Fund says current annual PSDP budget, addition of new projects will take 14 years to complete existing schemes
IMF to provide technical help to increase tax revenue, improve FBR's efficiency
Fund technical delegation scheduled to reach Pakistan next week
Mission to expand tax net: IMF mission reaches Pakistan
Fund insists on raising tax-to-GDP ratio to 15%, demands bringing rich into tax net
PKR to end next year with this tag
Currency has depreciated by 20.73% or 59.21 rupees against US Dollar over the year
New measures introduced to boost tax revenue on IMF ‘pressure’
Fund demands government increase tax-to-GDP ratio
IMF ‘exposes’ PTI’s U-turn on political assurances for loan programme
As per IMF, PPP and PMLN supported the loan program in writing, calling it important for economic stability.
IMF expects sluggish pace of economic growth for Pakistan
IMF issues World Economic Forum update report
IMF team to negotiate last $1.10b tranche only with new govt
Under $3b SBA with IMF, Pakistan has received installment of $705.6 million from global lender
Ensure transparency in PSDP projects, IMF asks Islamabad
Fund urges Pakistan to make budget documents effective, include development formats and locations
IMF signals readiness to work with new govt on economic stability
Pakistan to seek at least $6 bln in new IMF loan programme, Bloomberg reports
Letter to IMF proof Imran Khan wants country's destruction: Shehbaz
Hamza Shehbaz says those setting up obstacles in way of demcracy have been defeated
PTI's letter to IMF under scrutiny by Prime Minister's Office, confirms FO
Pakistan vehemently denounces Israeli forces perpetrated massacre against innocent Palestinians
Govt set to introduce voluntary pension scheme to fulfil another IMF condition
New scheme to provide steady income to govt employees post-retirement, unlike Provident Fund or gratuity
Pakistan gears up for IMF mission arrival to finalise Stand-By Arrangement
IMF's Director of Communication Julie Kozek commends caretaker govt for maintaining strict fiscal policies
IMF praises China’s new initiatives to revive economy
China vows to 'transform' economy, sets ambitious growth target
IMF confirms receiving PTI letter, says looks forward to engaging with new govt
Fund says it encourages fair, peaceful resolution of all electoral disputes
Newly elected cabinet member ‘avoids’ question on IMF deal
President Asif Ali Zardari has administered the oath of office to a 19-member federal cabinet
IMF review mission to assess Pakistan's ongoing loan programme from March 14
Forthcoming loan program is expected to headline the agenda during the IMF's visit
Pakistan wants longest deal with IMF in country’s history: FinMin Aurangzeb
Expresses his plans to transform the tax collection revenue digitally
IMF demands cessation of cheap gas supply to fertilizer factories
Fund urges for measures to document real estate sector, integrate it into tax system
Beijing pledges continued support to help Pakistan overcome foreign debt challenges
Chinese Consul General notes Beijing’s support in enhancing Pakistan’s exports to Saudi Arabia, the UAE, and China
Pakistan, IMF to ink SLA on last day of talks for $1.1b loan tranche
Finance Minister Muhammad Aurangzeb to visit Washington for new 'larger' IMF deal soon
Pakistan, IMF enter final round of talks after one-day extension in negotiations
Regular talks with IMF on a new loan program will be held in Washington next month
Capital Calling praises IMF recommendations, uniform tax on tobacco products
The former health minister appreciates the demand for a 50% increase in taxes on cigarettes
Significant increase in tobacco product prices reveals decline in cigarette consumption
IMF's aim to reduce cigarette consumption is also to generate additional revenue for the government
IMF proposes uniform cigarette taxation to tackle economic losses, health concerns
WHO advocates for robust tax measures to reduce tobacco consumption
IMF Executive Board meeting on Pakistan likely to be held by end of April
'Economic situation in Pakistan has improved', says Julie Kozack
IMF ready for new loan program with Pakistan resolving fiscal challenges: Julie
IMF praises newly elected government’s intentions to fix economy
Govt opts ‘zero tolerance’ policy over power theft to meet IMF condition
Electricity theft leads to dismissals: Power Div tells Discos officers
Petrol price in Pakistan likely to go up from April 16
Surge comes on the heels of a relentless uptick in global oil rates
FinMin promises provinces’ involvement in decisions ahead of new IMF deal
Muhammad Aurangzeb to leave for Washington D.C. on the 14th of April
Rs8 per unit hike: Govt to cut subsidy for small consumers to meet IMF demand
In the initial phase, the Ministry aims to eliminate a cross-subsidy of Rs592 billion
Finance minister departs for US in bid to negotiate with IMF
Pakistan to request IMF for new loan programme: sources
Pakistan to seek Extended Fund Facility, additional climate financing funds from IMF
Annual meetings of IMF, World Bank to commence in Washington from today
FinMin eyes up to $8 billion IMF loan program for three years ‘soon’
He expresses his desire to increase trade with the US and China
Inflation is projected to come down in Pakistan but more work needs to be done: IMF
The IMF issued the Global Financial Stability Report April 2024
IMF ready to extend cooperation to Pakistan for new bailout package
Director Jihad commends Pakistan's recent efforts to stabilise economy
FinMin Aurangzeb eyes ‘stability, not growth’ of Pakistan's economy from IMF programs
Lists feats of historic stock market highs, economic progress, and tax imperatives in NA speech
IMF board to discuss $1.1bln loan tranche for Pakistan on April 29
It marks second and final tranche of a significant $3 billion standby arrangement extended last summer
Petrol, diesel prices in Pakistan likely to see drop from May 1
International per barrel prices stand at $104.76 for diesel and $107.16 for petrol
IMF MD discusses 'policy reforms, strong decisions' with PM Shehbaz
Kristalina Georgieva says she holds ‘very productive meeting’ with Pakistan’s PM Shehbaz Sharif
IMF approves immediate release of $1.1 billion tranche for Pakistan
IMF's Executive Board acknowledges the improvement in Pakistan's economy
SBP receives $1.1 billion from International Monitory Fund
The amount shall be reflected in SBP’s foreign exchange reserves for the week ending on 3rd May 2024
Salaries of govt officials to be increased by 12% in upcoming budget
Government will announce final decision on recommendations of Finance Ministry
IMF mission to visit Pakistan this month for loan program, reforms discussions
IMF is pushing for acceleration of reforms rather than size of the new program
Rana Mashhood sees economic revival post-election
'Reaching deal with IMF need of hour', says Mashhood
IMF delegation reaches Pakistan for new loan programme
The IMF mission will stay in Pakistan for more than 10 days
IMF’s country report acknowledges Pakistan’s economic improvement
The current account deficit will be limited to minus 0.8 percent of GDP: IMF
IMF to hold talks with Pakistan on new loan next week: Official
Representative says purpose of negotiations is to lay foundation for better, stronger governance
IMF concerned over political uncertainty in Pakistan despite elections
Fund says complications from political instability, inflation, social tensions can hinder reform implementation
Old imported vehicles may get pricier in budget; more taxes proposed
On IMF demand, authorities considering proposed abolition of sales, income tax exemptions
After introductory meeting, IMF stresses political stability for economic stability
Pakistan expects substantial bailout package of over $6 billion from IMF to bolster economy, address pressing fiscal concerns
Pakistan, IMF misson kick off talks over new loan programme
IMF forecasts reduction in inflation, surge in growth rate over next 3 years
IMF talks: Power division clears the air on increasing cost of electricity
Pakistan assures IMF transparency in SIFC's operations
Ireland to recognize Palestinian statehood by end of May
Spain, Ireland, Slovenia and Malta say they stand ready to recognize Palestinian
Pakistan-IMF technical talks conclude; policy-level discussions to begin on May 20
Staff-level agreement anticipated at conclusion of policy discussions
IMF forecasts major increase in Pakistan's trade deficit next year
Fund estimates increase in Pakistan's exports, imports in new financial year
IMF asks Pakistan to do more ahead of billion-dollar loan program
Pakistan agrees to remove import restrictions, insists to protect local industry
Amir Jamaat-e-Islami Hafiz Naeem-ur-Rehman's reaction to federal budget
The Budget is like the IMF's slavery document, Hafiz Naeem-ur-Rehman
PM Shehbaz vows to say 'goodbye' to IMF after ongoing deal
Emphasises importance of learning from past mistakes to reclaim Pakistan’s former glory
Pakistan fulfils all requirements to secure $6bln IMF bailout
Minister Ali Pervaiz Malik says securing IMF validation remains primary objective at this stage
Pakistan attempts to defer Chinese dues under IMF loan terms
China remains firm on its stance regarding tariff revisions
Country cannot run without IMF programme: Ahsan Iqbal
'No option but to complete IMF programme,' says planning minister
Pakistan, IMF reach agreement on new $7bn loan program
Deal subject to approval by IMF Board, confirmation of financing from Pakistan’s development, bilateral partners
IMF forecasts Pakistan's economic growth to reach 3.5pc
IMF report underlines economic growth targets, global economic trends
'China assures support for Pakistan in IMF board approval'
Aurangzeb says steps being taken to ensure stability without imposing extra burden on lower class
Pakistan eyes $7 bln IMF deal as friendly countries agree for loan extension
IMF Executive Board meeting is expected at the end of August
Top energy bureaucrat blames IMF pressure for electricity bills hike
He says no other option but the public will bear the burden
IMF to approve new loan program in September: FinMin
Says Pakistan needs external financing of $2 billion for the current fiscal year
Mini-budget on the cards as revenue shortfall bites
FBR reports a revenue shortfall of Rs115 billion for August
Pakistan's loan request missing from IMF Executive Board calendar
Pakistan's $7 bln IMF loan program faces delays
IMF set to approve loan program for Pakistan on Sept 25
SBP governor expresses optimism regarding approval of loan program
IMF programme 'not enough' for financial self-sufficiency : PM Shehbaz
Premier calls for building strong, self-reliant nation
IMF says unaware of Pakistan securing commercial financing at 11% interest rate
Spokesperson further notes no such financing necessary to meet current program assurances
IMF programme will lead to Pakistan's financial credibility: Arif Habib
'IMF deal has given message that friendly countries standing with Pakistan'
Additional burden will be lessened on salaried persons, manufacturing class: Aurangzeb
‘US is biggest contributor to IMF’
IMF says Pakistan’s reforms could end need for future loan programs
IMF praises Pakistan’s economic progress
IMF says escalation of Middle East conflict poses economic risks
Spokesperson says global lender closely monitoring Lebanon situation with 'grave concern'
IMF assured of Pakistan's commitment to not bring amnesty scheme
Govt vows to not take ‘artificial’ measures to stop the depreciation of rupees
IMF acknowledges Pakistan’s economic stability, projects 4% growth next fiscal year
Pakistan's per capita income increased by only 1.5% per year, compared to 4.5% in Bangladesh, 5% in India
FinMin Aurangzeb leaves for US to attend IMF, World Bank meetings
Aurangzeb will hold key meetings during US visit
FinMin Aurangzeb arrives in U.S. for IMF, World Bank meetings
FinMin will engage in talks with senior officials from U.S. State and Treasury depts
Summary of key points on Pakistan’s energy sector reforms
Govt aims to reform power sector by optimising IPP costs
IMF demands reforms in Pakistan's insurance sector; SECP drafts laws
Proposed reforms in insurance sector aim to establish SECP as regulator
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