IMF

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

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

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

Anticipated growth driven by IMF prospects, reforms

Notes that new govt has delayed implementation of some reforms