IMF

Rs300b allocated for Annual Development Plan

No dice with foreign lenders unless all exemptions are axed first, PM briefed

Purpose of the IMF visit was to gauge Pakistan’s budget preparations

The global lender has assumed that Pakistani currency will drop to Rs329/$ in the next 13 months till June 30, 2025

CDWP clears project, though ministry says it is in conflict with IMF programme

Dollar’s global strength piles pressure on Pakistani currency

Sheds Rs0.09 to Rs278.30/$ amid surge in trade deficit

KSE-100 index declines 258.34 points, settles at 75,084

Talks to undertake revenue and budget targets for FY24-25 and other matters

Outlay set at around Rs18tr, up 24% from this year's original budget

Fund assumes rupee will devalue to Rs329/$ or 18% by June next year

IMF programme expected to help stabilise economy, increase country’s foreign exchange reserves, says report

Pakistan-global lender talks for new bailout continue for 4th day

Pakistan-global lender talks for new bailout continue for 4th day

External sector-related projections suggest Pakistan will continue relying on IMF

Currency depreciates Rs0.08 vs dollar on market speculation

Burden equals 3/4 of economy, surpassing statutory limit by 15%

The annual base prices are being increased every year to make the power sector financially viable

Currency consolidates at current levels on hopes of $7-8b loan package

KSE-100 index surges 732.08 points, settles at 74,531.19

Catapults to 30-month high, now standing at Rs501.30 billion

IMF directive includes terminating existing subsidies, particularly in energy sector

Unlike in the past, finance ministry has also not defined the further engagement

Instead of asking IMF for $6b, govt must aim to plug tax loss hole of Rs1.5-2tr

With comprehensive reforms, govt can break cycle of dependence on IMF lending

UK FCDO chief economist says Pakistan should opt for foreign investment only in export-related sectors

Demands hike in gas tariff from June 2024 on half-yearly basis

Anticipated growth driven by IMF prospects, reforms

Aurangzeb reiterates the government’s resolve to bring retailers into tax net

Notes that new govt has delayed implementation of some reforms

Says it will not compromise on primary budget surplus of 0.4% of GDP or Rs401b

New govt indicates intention to continue SBA’s policies but political uncertainty remains significant, says report

If govt accepts taxing retirees, it could gain additional Rs22-25b annually

Decision to delay budget beyond May 10 deadline violates act of parliament

KSE-100 index falls 159.38 points, settles at 72,601.82

Urges Pakistan to tax the salaried, business individuals at a single income threshold

Govt informed of Rs200b revenue shortfall in current fiscal

Lender says accelerating reforms now is more important than size of the programme

With conclusion of standby arrangement, reserves rise to $9b

Pakistan’s budget gap widens to Rs4.3tr in Jul-Mar, up 25% from last year

The amount shall be reflected in central bank’s foreign exchange reserves for week ending on May 3, says statement

Shehbaz says Saudi trade delegation to visit soon

KSE-100 index dives 1,047.71 points, settles at 71,695.03

Rules target trillions in public funds parked by ministries, departments in commercial banks

Services sector leads the way while industries’ BCI decreases to 49.9 reveals SBP survey

Former PM likens bailout programmes to ICU treatment

‘Your mission is our mission,’ Investment Minister Al-Falih tells Shehbaz; describes him ‘man of action’

Steady parity, high returns attract investors, IMF support bolsters confidence

Analysts predict central bank is unlikely to cut rates before new IMF programme

KSE-100 index sheds 80.49 points, settles at 71,971.40