IMF programme

Treasury firm Tresmark recently described the Pakistani currency level of Rs278.21/$ as “overvalued”

Aurangzeb anticipates decrease in inflation to single digits by next year

Pakistan needs new IMF programme for at least three years, says minister

PTI chairman demands immediate resignation of CEC Sikandar Sultan Raja over ‘electoral fraud’

Foreign loans fall by $5b YoY because of impasse with IMF

Security, economic situation complicates Islamabad’s position

Shehbaz says chaos, anarchy part and parcel of his agenda

Duration of the talks cannot be confirmed but we intend to wrap these up at the soonest, says Finance Secretary

FBR chief hints at increasing income tax rates for upper middle income to rich groups

Rupee continues to depreciate for third consecutive day amid delay in IMF package

Premier’s Rs246 billion relief package also a hurdle

Says govt to receive $2.77b on August 23

Says PM backtracking on his strategies; inflation, unemployment result of flawed policies

Benchmark KSE-100 index drops 0.44% to settle at 45,726.68

Benchmark KSE-100 index rises 257.51 points to settle at 43,674.28

Finance ministry reveals no room to increases salaries of govet employees before budget

IMF programme is, by definition, anti-growth and calls for steps to do away with macroeconomic imbalances.

IMF delegation will be informed about the progress made on set targets

Reduction will lead to Rs360-400/bag decline in urea prices

GIDC applicable to fertiliser producers was cut by Rs400 per bag

Former central bank governor calls for legally defined mechanism for using foreign exchange reserves

Burden of taxes has grown by 39%, from Rs4,398 billion in FY19 to an unrealistic Rs5,555 billion for FY20

Fitch Ratings says Pakistan has taken steps to address external sector, fiscal and debt issues

Advisor to PM on Finance grills officials over slow pace of revenue collection

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

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

Even a successful IMF programme will do nothing to cure Pakistan’s economy

OGRA to hold hearing this month; any increase will push inflation up

Calls for legal amendments for automatically increasing electricity prices

The real challenge is to put this infrastructure to use. But the policymakers seem unclear about this aspect.

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

Net domestic asset targets are stringent that may create liquidity problems

PTI govt’s position remains comfortable on six performance criteria

Economics has taken over foreign, domestic policy, is used as weapon to wage war

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

Sees slight rise in unemployment that indicates impact of economic slowdown

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

Says high foreign currency reserves critical for avoiding lender in future

These promising ‘politiconomic’ developments do not mean that our economic crisis is over

Former finance minister says international lender’s conditions were tougher in Oct

Steep shortfall makes next fiscal year 2019-20’s proposed target of Rs5.550 trillion unrealistic

Impact of a possible programme to be factored in, Gdp growth target may well be less than the achievement this year

Experts say index is yet to bottom out amid massive changes in top economic team

Claim apparently aims to allay fears that SBP could freeze foreign currency accounts

Govt's target for this year is 5.7%; last year growth was 4.7%