IMF

IMF chief says outlook for next year is mixed, rife with uncertainties

Global lender insists on abolition of subsidies on electricity and gas

IMF official cites better-than-anticipated data from China, other advanced economies

IMF has asked Pakistan to end state control of the rupee

Sources say gross financing needs are estimated around Rs14 trillion

IMF has asked Pakistan to end state control of the rupee

Lender calls for measures to reduce circular debt and power losses

PTI govt looks to run SOEs on commercial basis but does not want to lose control

Global agency confirms B3 long-term local currency rating for 5 banks

Pakistan beats IMF forecast of Rs3.9tr or 9.2% of GDP

Ecnec approval paves way for loan negotiations with China

Sees commodity exporters, tourism-dependent countries reporting current account deficits

The IMF has asked Pakistan to end state control of the rupee

In Brazil, 67% of women are unable to work remotely

‘Dealing with aftermath of deadly pandemic remains priority of govt’

Kristalina Georgieva says govts should keep support programmes in place

Lowers economic forecast over twin shock of coronavirus and plunging oil prices

The IMF has asked Pakistan to end state control of the rupee

IMF has asked Pakistan to end state control of the rupee

Power Division subsidies budget given to Finance Division

Money helps achieve foreign currency reserves target of around $12b

Georgieva says recovery will have to get under way without medical breakthrough

The leading lender expects global output to shrink by 4.9%, compared with a 3.0% contraction predicted in April

State Dept report says govt published limited information on debt obligations

ECC eases borrowing limits for provinces by up to 167% to meet expenditures

Difficult days are ahead and the growing economic predicament will not end by mere rhetoric and blame game

IMF chief economist says both advanced and emerging markets will be in recession in 2020

FBR’s chairperson orders halt to disbursement with immediate effect

Drop comes due to external debt repayment of $301 million

Govt is struggling to strike a balance between continuing with fiscal consolidation and economic growth

Another round of sell-off to form W-shape recovery cannot be ruled out

Seeks to protect revenues amid sliding oil prices in global market

IMF asks Pakistan to adhere to fiscal consolidation by showing nominal primary deficit

Considers bringing foreign companies on par with local firms

Announcement comes as Latin America becomes growing hotspot for Covid-19

Currency slides for second straight day as dollar demand-supply gap widens

Commerce adviser says impact of Covid-19 on FDI will not be very significant

Widens 64 times from $9 million in March due to coronavirus impact

Revenue collection target of Rs5,100 also proposed; Fund agrees to provide relief to businesses affected by pandemic

Inflows from banks in T-bills and PIBs jump to all-time high of Rs9.8 trillion

Fund official, federal minister discuss global economic crisis

Adviser says G20 will defer country’s payment of around $1.8b for one year

Fund MD says protectionism could weaken prospects for economic recovery

Finance ministry proposes 31% increase in tax collection to revive IMF programme

Policymakers can help with programme that provides immediate protection

Financing will help design urban development projects in Punjab

Experts recommend further cut in interest rates and 12% reduction in GST rate

Gap narrows to just $6m in March due to fall in imports amid Covid-19

Inflows push forex reserves to one-month high

While we are quick to criticise what’s wrong, we also need to appreciate what’s right