IMF

Staff-level report reveals significant increase in power tariff from next month

Sees budget deficit soaring to 7.6%, introduces major changes in loan conditions

Chief ministers of four provinces and other participants of the meeting will also review water distribution agreement

Says Pakistan’s programme is on track and has started to bear fruit, but risks remain elevated

Later, it is feared to return to depreciation phase in Q4

Under crisis response facility, ADB approves loan to support Pakistan pay off debt

Pakistan must have recovery in real sense

IMF, WB struggle to stay relevant in a world where climate change continues to undermine prospects of economic growth

IMF had conditioned the govt to stop borrowing from the central bank under its latest $6 billion loan programme

Alice Wells says Pakistan can boost its growth, attract private capital, expand exports with bold economic reforms

Global lender urges Pakistan to bring equity in distorted tax system

PM’s aide informs NA panel DISCOs privatisation not possible in two years

Data shows money mainly invested in government’s three-month treasury bills

Political stability, trade with neighbours prerequisites for sustainable economic growth, says Dr Hafeez Sheikh

IMF’s refusal to reduce annual tax collection target for the ongoing fiscal year must be worrying for the government

Benchmark index rises 1,606 points to close at 37,584

Dr Abdul Hafeez Shaikh says guarantees will primarily be used to tackle circular debt

Too bad that the poor can’t even use tomatoes as a WMD; it is beyond their means!

Benchmark index increases 824.94 points to settle at 36,803.10

Staff-level agreement reached with Pakistan for release of $450m second tranche on Dec 19

Calls for legal amendments for automatically increasing electricity prices

Federal, provincial govts’ combined spending on uplift in first quarter was less than one-tenth of annual allocations

Shortfall in collection widens to Rs167b in first four months of FY20

FBR refuses to go easy on CNIC condition, demand for fixed tax scheme; govt side hopes breakthrough today

Net domestic asset targets are stringent that may create liquidity problems

Pakistan faces difficulties in reducing debt despite tightening fiscal policies

Fund slashes outlook for region's three largest economies, Saudi Arabia, Iran and UAE

PTI govt’s position remains comfortable on six performance criteria

One can only hope the masses emerge from the month of October unscathed

IMF MD Krsitalina Georgieva assures Pakistan of continued support for successful implementation of reforms

Tackling corruption, mismanagement should be focus of all policy decisions

Hafeez Shaikh meets heads of global financial institutions to discuss overall state of economy

Govt to take around $9b loan on its books to finance much-delayed scheme

Delays changes to shareholding structure to December 2023

Over 60% of FBR taxes to be consumed in debt servicing

Sees slight rise in unemployment that indicates impact of economic slowdown

Latest projections show 2019 GDP growth at 3%, down from 3.2% in July forecast

Discussions focus on enhancing revenue collection that remains below par

Car sales dip 39% to 11,724 units in September 2019

If Pakistan moves out of FATF grey list, it will boost sentiment of foreign investors

Current account surplus is achieved at cost of living standards, employment

Pakistan’s economy continues to remain dole-dependent on the IMF

Walks a tight rope in meeting IMF target of controlling circular debt

Says high foreign currency reserves critical for avoiding lender in future

90% cut in tax liabilities on builders’ income earned from low-cost housing schemes planned

Efforts are needed to increase exports to sustain reduction in deficit in the long run

Country can set up SME, agri-zones in collaboration with China, Germany

Most politicians and bureaucrats do whatever they have already decided

Innovation should be promoted to upgrade Pakistani products in global value chain

Govt shows little interest in taking critical steps to prevent worsening of situation