Pakistan borrowed funds largely to repay maturing foreign debt, finance imports

Move desperate attempt to prevent country from default

ADB report says economy to make slight recovery in FY2022-23

Miftah admits he has nothing concrete to offer at second presser in as many days

Finance Minister Miftah Ismail says panic in the market is primarily due to political turmoil

Agrees to tariff increase of Rs1.55 per unit for K-Electric consumers

Many officers serving under the same roof excluded from 150% raise

Out of existing five members of board, three are retiring on Friday

Central bank discouraging imports to avert further drop in forex reserves

Plans to bridge shortfall through support from friendly countries