Tags IMF

Tag: IMF

‘IMF to validate the data’: Shaukat tarin hopeful to receive $1bn from IMF

Finance Minister Shaukat Tarin is hopeful that the International Monetary Fund (IMF) will go through with the provision of one billion USD to Pakistan. The...

$1 billion tranche, Pakistan’s talks with IMF fail again

Pakistan and the International Monetary Fund (IMF) remained unsuccessful in reaching a staff-level agreement yet again owing to point of conflicts over the macroeconomic...

Tarin defends hike in petroleum prices

Justifying the record increase of petroleum prices in Pakistan, Finance Minister Shaukat Tarin has said prices were increasing globally and not just in the...

Gold hits 14-month high at Rs119,000 per tola

The price of Gold jumped Rs2,300 to a 14-month high of Rs119,000 per tola (11.66 grams) on Thursday. The price hike has occurred owing to...

Govt has put economy on right track, says Tarin

Finance Minister Shaukat Tarin has said that the government has no plan to increase the power tariff immediately. In his interaction with American think tank...

Pakistan repaid $1 billion raised via Sukuk

Pakistan on Wednesday repaid $1 billion in debt that had been raised in October 2016 through floating international Sukuk at 5.5% return, as per...

Meltdown on PSX continues; Investors lose $9bn, Index slumps to 6-month low

The Pakistan Stock Exchange (PSX) continues bearing the grunt of the overheated national economy as the import bill continues swelling and commodity prices keep...

‘Tough conditions’ may be placed for revival of IMF programme under EFF

Pakistan will face off the International Monetary Fund (IMF) in Washington from October 13 to 15, with Islamabad looking to convince the global lender...

IMF demands Rs525 bn additional tax, Salaried class may be exempted

The International Monetary Fund (IMF) has demanded Pakistan to withdraw around Rs300 billion sales tax exemptions in order to be entitled eligible for the...

World Bank downgrades Pakistan’s GDP growth rate, projects higher inflation

World Bank downgrades Pakistan's GDP growth rate at 3.4% while projecting the inflation rate to rise during the current fiscal year. The Washington-based lender also...

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