World Bank projects Pakistan’s GDP growth at 2.8% in FY25
The World Bank expects economic activity in Pakistan to continue recovering with real GDP growth estimated at 2.8% in FY25, ...
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Pakistan will not lose focus on reforms, Aurangzeb tells foreign investors
Federal Minister for Finance Muhammad Aurangzeb assured international investors that the government will not let go of focus on ensuring ...
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SBP’s reserves hit 2-1/2-year high
KARACHI: The State Bank of Pakistan’s foreign exchange reserves have surpassed the $10 billion mark, reaching two-and-a-half-year high level following ...
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Aurangzeb calls for ‘leveraging’ economic gains to ensure permanent stability
Finance Minister Mohammed Aurangzeb called for “leveraging” Pakistan’s improving economic position to achieve lasting macroeconomic stability. The remarks from Aurangzeb ...
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High tax rates, spiraling costs forcing Pakistan’s major companies to pursue the layoff route
KARACHI: High tax rates and spiraling costs have compelled major listed corporations in Pakistan to reduce headcount in the last ...
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Key priorities highlighted by IMF for Pakistan’s $7bn Extended Fund Facility
In a key development, the International Monetary Fund (IMF) Executive Board approved Pakistan’s 37-month Extended Fund Facility (EFF) arrangement of ...
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IMF urges Pakistan to ‘move away’ from state-led growth model, calls for structural reforms – Pakistan
The Executive Directors of the International Monetary Fund (IMF) said Pakistan needs to “move away” from its state-led growth model ...
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SBP receives over $1bn first tranche of IMF loan
KARACHI: Pakistan, on Friday received over $1 billion inflows as the first tranche of a long-term loan from the IMF, ...
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PM Shehbaz engages World Bank, IMF leaders on Pakistan’s economic reforms
In high-profile meetings on the sidelines of the United Nations General Assembly (UNGA) in New York, Prime Minister Shehbaz Sharif ...
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Despite progress, Pakistan’s vulnerabilities, structural challenges remain formidable: IMF
The International Monetary Fund (IMF) on Thursday categorically stated that while the government has made progress in restoring economic stability, ...
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