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Huddle next week: Pakistan, IMF to decide on new sales tax regime
Single-stage tax rate will be 7-8% compared to existing 17% GST
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A Customs-made mini-budget
Reforming the tax structure was never on the PML-N agenda
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Paying for someone else’s mistakes
While it is claimed that luxury items are being taxed, the fact is that ordinary people will still have to bear impact
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Govt greenlights Rs40b mini-budget
Duty on imports hiked by 1%; more taxes levied to secure IMF tranche
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Raising voices: Govt should present four budgets in a year, says Khursheed Shah
He says the government is increasing the prices of commodities on the directions of IMF
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PSDP: Development spending sees axe
Out of Rs150.6 billion, only Rs71.3 billion spent during July-Sept
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SDR currency: IMF backs inclusion of yuan in reserve currencies
China welcomes decision, says it would strengthen global financial system
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New Taxes, Old Story
Why can we not put our tax house in order? Why does the IMF have to force us to raise tax revenues?
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The IMF deadline
To secure the next loan tranche, the government will introduce another mini-budget
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$6.2b bailout: IMF sets tight deadline for slapping new taxes
New measures must be in place before the lender’s board meets, says mission chief
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Pending IMF and World Bank reforms
The World Bank aims to increase the voting power of developing countries to at least 50 per cent over time
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Pakistan to get another $502m IMF loan
Finance Minister Ishaq Dar says Pakistan will get the loan after an IMF board meeting in December
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Pakistan agrees to slap billions in new taxes
Government will announce Rs40 billion in additional tax measures to bridge shortfall in revenue targets, says official
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Protecting economic sovereignty
Is Pakistan being led down the same path as Greece? It is imperative the dependence on foreign financing is reduced
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Hiking rates: IMF urges US Fed to be cautious
It could also drive the dollar higher, with more negative consequences for US exports
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IMF to weigh in as Pakistan mulls single-stage sales tax
Taxation and energy remain top concerns; reforms will be discussed
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July-September: Pakistan misses IMF trade projections
Trade deficit narrows by 14.8% due to contraction in exports and imports
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Accused of fudging data to trick IMF
Bank’s unwillingness to come forward reflects poorly on its credibility
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IMF forecasts steep development budget cut
GDP growth projected at 4.5%, development spending to be slashed by 25%
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IMF praises SBP for financial sector’s stability
Asks it to bring small banks into compliance with statutory requirements
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Pakistan was not forced to sell Eurobond: IMF
Mission chief says there was no firm requirement to float the bond when markets were distressed
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IMF releases $505m to Pakistan amid waiver concerns
Board doubts rationale to waive conditions to keep programme running
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IMF urges Sweden to tackle hurdles to immigrants securing jobs
Sweden has one of the highest differences in employment levels between natives and immigrants in the OECD
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'Bumpy' global economy: IMF says US Federal Reserve 'can hold off' on interest rate rise
Fed has held its benchmark federal funds rate at zero level since 2008 to pull economy back from the economic crisis
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Crisis in Greece: IMF’s Lagarde says restructuring should suffice
Also weighing in on China’s stock meltdown, she says slowdown was unavoidable.
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IMF probing govt’s numbers on last year’s fiscal deficit
Investigation comes after independent experts challenged govt’s claims
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Significant progress achievable: IMF
Fund maintains Pakistan has come a long way in implementing reforms since 2013
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The reality behind the facade
IMF, World Bank are deliberately creating positive impression of our economy to ensure continued concessional assistance for an unspoken ‘strategic favour’
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Eighth review: IMF waives conditions on budget deficit, SBP borrowings
Clears path for release of next $502 million tranche of the $6.2 billion loan
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Eighth review completed: IMF grants Pakistan two waivers on budget deficit
This marks the first time in the last three reviews that Pakistan had to request a waiver
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Greece asks for fresh IMF aid
Finance minister writes to lender, ‘timing and modalities’ to be discussed.
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Next IMF boss likely to come from outside Europe: deputy head
IMF First Deputy Managing Director David Lipton told the BBC that the next appointment would be "strictly merit-based"
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The IMF’s self-serving agenda
IMF is subject to political pressures, and potentially gives self-serving recommendations
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Eighth review of Extended Fund Facility: Pakistan, IMF to meet next week
Will discuss possibility of bi-annual reviews instead of one every three months
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Banks reopen, taxes hiked as Greece seeks to reboot economy
Bank shutdown is estimated to have cost Greece's economy $3.3 billion in market shortages, export disruption
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Can a Greece default affect Pakistan?
A permanent default by Greece will not just weaken the region but will have consequences around the world
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Pakistan to see 4.1% growth this year, well below target
Tax collection target for fiscal year 2014-15 revised lower yet again
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‘Balochistan to be the focus of development’
Gilani says the Gawadar Port would serve as a catalyst of national development.
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Complaint office: Child protection resolution signed
Resolution also calls for formation of a standing committee for children's rights.
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ERRA’s tenure: Reconstruction body to continue other projects
Authority to continue to work even after completion of project over next two years.
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Aamer off ICC emerging player nomination list
An ICC official has said that the removal can be confirmed by ‘reading between the lines’.