Petrol relief package gives IMF ‘excuse’ to delay agreement
The International Monetary Fund (IMF) has asked the Pakistani authorities to provide more details about the petrol relief package causing ...
Tag: IMF
IMF rejects Pakistan’s initial proposal on fuel subsidy
The International Monetary Fund (IMF) has rejected Pakistan’s initial proposal for a subsidy on petroleum. According to sources, "the lending ...
Rupee makes small gain against US dollar
The Pakistani rupee registered a marginal gain against the US dollar, appreciating 0.05% during the early hours of trading in ...
Khalid Siraj Textile Mills suspends production for another 2 months
Khalid Siraj Textile Mills Limited (KSTM) on Monday announced it will extend the shutdown of operations until May 31, citing ...
IMF says ‘next step with Pakistan’ tied to external financial assurances
The International Monetary Fund (IMF) on Friday tied “the next step with Pakistan” to assurances of financial assistance from bilateral ...
China rolls over $2 billion loan to Pakistan
China has rolled over its safe deposit of $2 billion with Pakistan on the existing terms as Islamabad’s foreign exchange ...
Intra-day update: Negative sentiment at PSX amid IMF uncertainty
The Pakistan Stock Exchange (PSX) continued to witness a negative trend, as the benchmark KSE-100 Index fell below the 40,000 ...
Pakistani rupee gains against US dollar
The Pakistani rupee on Tuesday gained against the US dollar, appreciating 0.4% during the trading in the inter-bank market. At ...
IMF Expresses Concerns Over Petrol Subsidy for Low-Income Groups Without Consultation
According to the International Monetary Fund (IMF), Pakistan's government did not seek advice from the international lender before implementing its ...
Further hike in policy rate on the cards as inflation runs deep in Pakistan
State Bank of Pakistan (SBP) is expected to jack up the key policy rate in its upcoming Monetary Policy Committee ...
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