IMF

Briefing highlights progress including BISP's aid distribution to eligible beneficiaries and financial challenges

Challenges IMF-backed flexible exchange rate policy, argues that stable currency would protect economy, public

Minister affirms commitment to economic reforms, aiming to end reliance on IMF program.

Pakistan's economy is expected to grow at a rate of 3.2% in the 2024-25 fiscal year

It will reach 93% of global GDP by end of 2024, approaching 100% by 2030; this exceeds its 99% peak during COVID-19.

Finance Minister Ali Pervez Malik said that Pakistan must meet all IMF conditions to secure the next loan tranche

Sources indicate non-CPEC IPPs are being targeted for capacity charge payments through various instruments

Finance minister expresses concern over country’s rapidly growing population, describing it as ‘population bomb’

Economic stability hinges on additional interest rate cuts, says finance czar

Upgrade signifies improvement in Pakistan's external liquidity, funding conditions strengthened by IMF agreement

Finance Minister Mohammad Aurangzeb highlights steps for economic stability

IMF board expected to approve funds 4-6 weeks post-SLA, say Finance Ministry sources

Global lender's report highlights need for modern technology in local industries

Agency warns the country's external position remains fragile, with substantial financing needs over the coming years

The president lashes out at the coalition partner over its handling of the IMF deal

PSX broke record and crossed 80,000-point mark, buoyed by expectations of handsome dividend payouts

Muhammad Aurangzeb says recent resolution on Pakistan in the US Congress is unrelated to the IMF program

IMF reiterated tough decisions crucial for progress, calls for fiscal discipline despite the approval of FY24-25

IMF objects to power rate cut for commercial users, wealth tax

PTI-backed SIC members walked out of National Assembly but returned after government persuasion

Fund’s team likely to visit Pakistan by end of this month

Pakistan’s FY25 budget aims to cut government debt to 68% of GDP, aided by inflation and lower interest costs.

Chambers warn new tax proposals could harm exports, call for revisions to prevent economic downturn

Recommendations made in budget to end tax exemptions are in line with global lender's suggestions

Plan includes significant hikes in levies on petroleum, natural gas to stabilise economy, meet IMF requirements

Petroleum Minister Musadik Malik says Pakistan will not buy spot LNG until November due to oversupply and high prices

Govt had to find ways to increase revenues to reduce fiscal deficit as part of reforms being discussed with the lender

Pakistan faces $130bn debt with $29bn due in 12 months; can short-term economic gains hold against public discontent?

Economic Survey reveals 73% surge in tax losses, fuelling IMF dispute amid ongoing negotiations

Finance czar presents pre-budget document detailing country's socioeconomic milestones for the outgoing fiscal year

Promises Rs4.1tr revenue boost in 3 years by lowering tax rates, removing exemptions

Promise Rs4.1tr revenue boost by lowering taxes, removing exemptions

Pakistan narrowly averted a default last summer thanks to a short-term IMF bailout of $3 billion

Now there is a proposal to increase the number of beneficiaries in the range 9.6 million to 9.7 million people

Experts see reduction of 100-200 bps reflecting inflation, IMF recommendation

Disagreement persists over ‘irrational demand’ for high taxes on salaried class

Currency hits three-week high at Rs278.20 vs dollar

IMF demands signing National Fiscal Pact and further electricity price hikes

KSE-100 index drops 303.22 points, settles at 75,575.26

Pressure mounts on govt high-ups to seek rollovers, repay loans on time

Focus must be on fiscal prudence, innovative policies, strategic reforms to ensure sustainable growth

Govt will need tax reforms, tariff hikes, depreciation to get bailout

IMF reiterates its demand for public transparency

PM asks finance to renegotiate recommendation with lender

Ministry’s assumptions aim to stabilise economy despite IMF’s higher projection

Finance ministry pushed the PM to take back the previous notification

Predicts 14.5% rate for May amid IMF’s proposal to impose 18% sales tax

Reliance on external financing to sustain domestic expenditure creates precarious debt trap

Pakistan must communicate its financial situation, pressure it faces from IMF, West

KSE-100 index jumps 641 points, or 0.85% WoW, settles at 75,983.04