NAC lowers FY23 growth rate to -0.17pc ISLAMABAD: The National Accounts Committee (NAC) has revised the GDP growth rate downward for the fiscal year... Updated 29 Nov, 2023 09:19am
Editorials The external resource shortfall EDITORIAL: The budgeted 6 billion dollars from the commercial banking sector abroad and through issuance of... Published 28 Nov, 2023 04:56am
Opinion Pakistani rupee: a wayward currency Hard currencies like the US dollar, Euro, pound, are independent free floats, and their value contingent on demand... Published 27 Nov, 2023 06:13am
Editorials DOC meeting: it’s not money for nothing EDITORIAL: A Donors Coordination Committee (DOC) meeting was convened by the Caretaker Finance Minister with... Published 24 Nov, 2023 05:29am
Markets Open-market: rupee drifts higher against US dollar The Pakistani rupee closed higher against the US dollar in the open market on Thursday, while the local currency... Updated 23 Nov, 2023 05:53pm
Opinion Economy not out of the woods yet It is heartening to note that some of the recent developments are indeed reassuring as they make us less worried... Published 22 Nov, 2023 05:48am
Editorials SBP Vision 2028 EDITORIAL: It’s easy to lose one’s way in the complex and sometimes deliberately vague language of financial... Published 22 Nov, 2023 05:48am
Business & Finance Jul-Oct C/A deficit dips sharply KARACHI: The country’s current account deficit fell sharply 66 percent during the first four months of this fiscal... Published 21 Nov, 2023 06:01am
Editorials Inflation at a dangerous level EDITORIAL: Sensitive Price Index (SPI) for the week ending 16 November 2023 increased by 9.95 percent against a rise... Published 21 Nov, 2023 06:01am
Markets PKR ends losing streak KARACHI: The rupee snapped its losing streak as it closed the week 0.18% or Re0.53 higher in the inter-bank market... Published 20 Nov, 2023 06:28am
Editorials The IMF staff-level agreement EDITORIAL: Caretaker finance minister Shamshad Akhtar, together with Governor State Bank of Pakistan, successfully... Updated 20 Nov, 2023 07:07am
Print Multiple financing sources: Jul-Oct borrowing down $0.408m to $3.847bn YoY: EAD ISLAMABAD: The country borrowed $3.847 billion from multiple financing sources during the first four months... Updated 18 Nov, 2023 10:08am
Opinion IMF review & state of economy I expect an agreement on the review to come within this week, so, any day now. I can say that Pakistani authorities,... Updated 17 Nov, 2023 06:31am
Editorials Crown of thorns EDITORIAL: Political parties have no bigger mission than contesting elections and forming government, quite... Published 17 Nov, 2023 06:06am
Editorials Staff-level agreement reached EDITORIAL: The staff-level agreement (SLA) on the first review of the nine-month 3 billion dollar International... Published 17 Nov, 2023 06:06am
Business & Finance FPCCI chief says business community welcomes IMF-govt SLA KARACHI: Irfan Iqbal Sheikh, President FPCCI, has welcomed the successful completion of first review of the... Published 17 Nov, 2023 06:06am
Markets New high: momentum continues at PSX as KSE-100 crosses 57,000 level Analysts say IMF-Pakistan agreement a 'positive development' which has improved market sentiment Updated 16 Nov, 2023 11:03pm
Editorials Woeful rupee slide EDITORIAL: The interbank rupee-dollar parity registered at 287.85 on 14 November 2023 – a strengthening from the... Published 16 Nov, 2023 05:39am
Print Quarterly targets: IMF team acknowledges govt efforts in its meeting with Kakar IMF Mission Chief for Pakistan Nathan Porter says efforts have resulted in positive conclusion of the technical-level talks Updated 16 Nov, 2023 09:52am
Print IMF, govt reach SLA on first SBA review ISLAMABAD: The International Monetary Fund (IMF) staff and the Pakistani authorities have reached a staff-level... Updated 16 Nov, 2023 09:36am
Editorials Pakistan’s external financing needs EDITORIAL: The outgoing Shehbaz Sharif-led government budgeted 24.2 billion dollar external loans for the current... Published 15 Nov, 2023 06:09am
Editorials Harnessing DFIs EDITORIAL: Caretaker Finance Minister Dr Shamshad Akhtar is right in stressing that DFIs (Development Finance... Published 14 Nov, 2023 05:08am
Print ‘Winter package’ not allowed to see the light of day Govt fails to secure nod for industry package from IMF, sources says Updated 14 Nov, 2023 02:34pm
Print IMF-govt policy-level talks begin ISLAMABAD: Caretaker Finance Minister Dr Shamshad Akhtar on Monday began policy-level talks with the visiting staff... Updated 14 Nov, 2023 08:18am
Opinion Output: uptick, downtick or… This is the second of a two-part series focusing on the contribution to dealing with the ongoing economic impasse, ... Updated 13 Nov, 2023 06:59am
Business & Finance Pakistan likely to get second SBA tranche of $710m: PBF KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, Mian... Published 12 Nov, 2023 03:14am
Editorials First staff review negotiations with IMF EDITORIAL: The International Monetary Fund team (IMF) is currently in Pakistan for the first scheduled Stand-By... Published 08 Nov, 2023 05:42am
Opinion Next IMF programme is not going to be easy The IMF review is ongoing, and it’s likely to sail through, as all the quantitative targets have been met. The... Updated 06 Nov, 2023 06:06am
Print IMF knows full well SOEs govt’s Achilles heel Shamshad Akhtar shares progress on the Standby Arrangement and briefs IMF on fiscal measures being taken by the government to improve economic situation Updated 03 Nov, 2023 10:13am
Pakistan Dr Shamshad reaffirms Pakistan’s commitment to working closely with IMF Statement from Finance Division comes as IMF Mission begins talks in Islamabad for review of $3 billion Stand-by-Arrangement Published 02 Nov, 2023 09:37pm