To be shared with IMF: MoF asks ministries to submit 17 SOEs’ makeover plans
ISLAMABAD: The Ministry of Finance has sought restructuring/business plans of 17 State Owned Entities (SOEs) from their administrative ministries to ...
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4.7pc of GDP: IMF projects external financing needs for FY25 at $18.813bn
ISLAMABAD: The International Monetary Fund (IMF) has projected Pakistan’s gross external financing needs at $18.813 billion for the current fiscal ...
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Country urged to enhance AML/CFT framework
ISLAMABAD: The International Monetary Fund (IMF) has urged Pakistan for continued enhancements in the Anti-Money Laundering and Counter Terrorist Financing ...
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‘Living standards’: Pakistan lagging behind regional peers, says IMF
The International Monetary Fund (IMF) said Pakistan has “moved further and further behind” its regional peers in terms of living ...
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Russia calls on BRICS partners to create alternative to IMF
MOSCOW: Russia, which chairs the BRICS group this year, has called on its partners to create an alternative to the ...
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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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Israel-Hamas war causes 86-percent dive in Gaza GDP: IMF
WASHINGTON: A year of conflict between Israel and Hamas has resulted in a “devastating impact on the economy” in the ...
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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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