LCCI hails approval of $3bn SBA by IMF board LAHORE: President of the Lahore Chamber of Commerce and Industry (LCCI) Kashif Anwar on Thursday lauded the... Published 14 Jul, 2023 06:22am
Business & Finance IMF’s SBA approval gives relief to business community: FPCCI KARACHI: Irfan Iqbal Sheikh, President FPCCI, has apprised that Pakistan’s business, industry and trade community... Published 14 Jul, 2023 06:22am
Print Caretaker setup will be in place next month: IMF SBA to PM represents greater cause for rejoicing PM says his coalition government successfully managed to put the country in the right direction in the shortest period despite challenges Updated 14 Jul, 2023 10:04am
Print First tranche of SBA: IMF transfers $1.2bn to SBP account: Dar ISLAMABAD: The International Monetary Fund (IMF) has transferred $1.2 billion to the State Bank of Pakistan (SBP) —... Updated 14 Jul, 2023 09:14am
Print UN chief helped Pakistan secure IMF deal ISLAMABAD: The United Nations Secretary General Antonio Manuel de Oliveira Guterres, played a key role in the... Updated 14 Jul, 2023 11:16am
Print Steps to broaden tax base: FY24 budget advances primary surplus of 0.4pc of GDP: IMF ISLAMABAD: The fiscal year 2024 budget advances a primary surplus of around 0.4 percent of GDP by taking some steps... Updated 14 Jul, 2023 09:27am
Opinion Finally, the IMF board approves bailout It is indeed heartening to note that the Executive Board of International Monetary Fund (IMF) has accorded its... Published 13 Jul, 2023 04:50am
Print Expectedly, IMF board approves $3bn 9-mth SBA The Board’s approval allows for immediate disbursement of about US$1.2 billion Updated 13 Jul, 2023 10:05am
Editorials Import payments and dollar reserves EDITORIAL: The secretary, Ministry of Industries and Production, while testifying before the relevant Senate ... Updated 13 Jul, 2023 05:11am
Editorials IMF’s SBA begins to pay dividends--so soon EDITORIAL: The 29 June 2023 staff-level agreement (SLA) on the 3 billion dollar nine-month Stand-By Arrangement ... Published 12 Jul, 2023 06:39am
Print Saudi deposits land just prior to key event Pakistan receives deposits of $2 billion from Saudi Arabia Updated 12 Jul, 2023 08:54am
Print IMF Board scheduled to consider $3bn SBA today IMF, according to media reports, has reportedly accepted $8.2 billion financing gap plan presented by the Ministry of Finance Updated 12 Jul, 2023 10:13am
Editorials IMF’s approach is a bit out of the ordinary EDITORIAL: The much hyped attempt by the International Monetary Fund (IMF) team to seek a consensus on the ... Published 11 Jul, 2023 06:08am
Print Fitch upgrades rating on improved external liquidity ISLAMABAD: Fitch Ratings has upgraded Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to “CCC”... Updated 11 Jul, 2023 09:02am
Markets Rupee sees decline, settles at 279.8 against US dollar Currency depreciates 0.68% in inter-bank market Updated 10 Jul, 2023 08:24pm
Markets PKR registers 2.91pc gain KARACHI: The rupee registered a substantial 2.91% gain against the US dollar during the previous week as ... Published 10 Jul, 2023 06:52am
Editorials Fiscal imbalance EDITORIAL: The gap between the boom-and-bust cycle is contracting in Pakistan, indicated by the staff-level ... Published 10 Jul, 2023 06:52am
Opinion IMF’s rare contact with political parties No doubt the International Monetary Fund (IMF) has taken an unprecedented step by reaching out to political... Published 09 Jul, 2023 02:55am
Opinion IMF lifeline The IMF staff and the Pakistani authorities have reached a staff-level agreement on policies to be supported by a... Published 09 Jul, 2023 02:55am
Print Key objectives under new programme: To govt’s chagrin, IMF team calls on PTI chairman ISLAMABAD/ LAHORE: The International Monetary Fund (IMF) has approached major political parties in Pakistan,... Updated 08 Jul, 2023 08:56am
Opinion Unaddressed economic challenges The debate and anxiety throughout Pakistan in the aftermath of the stalled Extended Fund Facility (EFF) programme... Updated 07 Jul, 2023 05:59am
Print Basis for fixation of base tariff: Rupee could hit 325 mark vs dollar by June 2024: PD ISLAMABAD: The Power Division is said to have projected that Pak rupee could touch Rs 325 per US$ by June 2024,... Updated 07 Jul, 2023 09:03am
Opinion SBA won’t cut it Fine, it was the single biggest one-day jump in the stock market in 15 years. But is it really that unbelievable,... Updated 06 Jul, 2023 06:20am
Editorials There’s need for forging ahead on own steam EDITORIAL: Rating agency Moody’s has warned that Pakistan’s liquidity risks remain high in spite of the... Updated 06 Jul, 2023 06:14am
Print Govt debt stocks hit all-time high of Rs59trn KARACHI: The federal government’s total debt stocks rose to an all-time high level of Rs 59 trillion at the end of... Updated 06 Jul, 2023 08:35am
Opinion ‘The more things change…’ This is apropos an op-ed ‘The more things change…’ carried by the newspaper yesterday. The writer, Rashed... Published 05 Jul, 2023 06:00am
Print Liquidity risks remain high despite IMF deal: Moody’s ISLAMABAD: The government’s liquidity risks remain high despite the International Monetary Fund (IMF) staff-level... Updated 05 Jul, 2023 08:59am
Business & Finance Challenges of inflation, external payments: SBP governor explains IMF SBA’s efficacy KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmad Tuesday said the country is facing two key challenges of... Published 05 Jul, 2023 06:00am
Pakistan Financial support from friendly countries: PM heaps praise on army chief ISLAMABAD: Prime Minister Shehbaz Sharif has termed the $3 billion nine-month Stand-By Arrangement (SBA) with the... Published 04 Jul, 2023 05:07am
Editorials IMF: We have to pay the price we deserve to pay EDITORIAL: While specific details of precisely what are the prior conditions that the government has agreed to in ... Updated 04 Jul, 2023 05:45am