IMF’s $8bn loan programme: Rs129bn gas subsidies for consumers set to end by June
The Energy Ministry has revealed that the government must eliminate the Rs100 billion cross-subsidy for protected gas consumers and the ...
Tag: IMF
Pakistan Set to Initiate crucial talks with IMF in the Coming Week
Pakistan is set to engage in crucial talks with the International Monetary Fund (IMF) for the completion of the second ...
IMF Urges Pakistan to Raise GST on Essential Items, Including Medicines and Petroleum, to 18%
The International Monetary Fund (IMF) has recommended that the newly-elected government of Pakistan implement an 18% General Sales Tax (GST) ...
Govt Gets $6.3 Billion in Foreign Loans in First Seven Months of Current Fiscal Year
Pakistani authorities have successfully secured approximately $6.3 billion in foreign loans during the first seven months of the current fiscal ...
IMF downgrades Pakistan’s 2024 growth estimate to 2pc
The International Monetary Fund (IMF) has downgraded Pakistan’s growth estimate for fiscal year 2024 to two per cent, according to ...
SBP maintains interest rate at 22%
State Bank of Pakistan’s (SBP) Monetary Policy Committee Monday announced maintaining the status quo, leaving the key policy rate unchanged ...
ECC Approves Rs 272 Billion in TSG’s despite IMF agreement
The Economic Coordination Committee of the Cabinet has sanctioned approximately Rs 272 billion as technical supplementary grants (TSGs) for the ...
Fitch Ratings: Pakistan continue to rely on the IMF for next few years
The agency states that there is a greater likelihood of election results impacting credit profiles in Pakistan. Fitch Ratings, an ...
Pakistan Set to Launch Online Forex Trading Platform by January 2024
Pakistan is gearing up to launch an online forex trading platform by the end of January 2024, in adherence to ...
Pakistan Shares Plan with IMF to Boost Petroleum Levy Collection
The Pakistani government has presented a plan to the International Monetary Fund (IMF) aimed at enhancing the collection of taxes ...