Pakistan’s poor should benefit from subsidies, not rich: Kristalina
ISLAMABAD: The International Monetary Fund (IMF) urged Pakistan to give relief to the people segment of the society who need them, the resources should...
SBP-IMF talks: Central Bank asked to increase forex reserves
KARACHI: After holding rounds of talks over tightening the monetary policy the International Monetary Fund (IMF) and State Bank of Pakistan (SBP) concluded to...
Sigh of relief: NEPRA notifies Rs2.32 per unit cut in power tariff
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Thursday notified a reduction of Rs2.32 per unit for Ex-WAPDA distribution companies (XWDISCOs) consumers on...
Government presents Rs 170 billion ‘mini-budget’ to unlock $1.1bn IMF loan
ISLAMABAD: Federal Government has presented ‘mini-budget’ of Rs 170 billion to unlock $1.1 billion tranche of the loan tranche of the International Monetary Fund...
Court dismisses hedge fund’s claim on Broadsheet’s $29m Pakistan money
LONDON: An Isle of Man court has dismissed a hedge fund’s attempt in taking almost the entire amount of around $29 million that Pakistan...
Federal Government approves rise in power tariff, ends subsidies for virtual IMF talks
ISLAMABAD: Federal Government has approved the increase in the power tariff and to end subsidies ahead of virtual talks with the International Monetary Fund...
Dar announces Mini-budget of Rs170bn to be imposed prior to IMF deal
ISLAMABAD: Hours after the International Monetary Fund (IMF) issued a statement on its talks with Pakistan, Finance Minister Ishaq Dar said that the parleys...
Dollars smuggled from Pakistan to Afghanistan provide lifeline for the Taliban
PESHAWAR: Millions of dollars are being smuggled into Afghanistan from Pakistan through three boarders- Angoor Ada South Waziritan, Ghulam Khan North Waziristan and Turkham...
Pakistan, IMF to kickstart policy-level talks tomorrow
ISLAMABAD: As the deadlock persists between Pakistan and the International Monetary Fund (IMF) over the huge fiscal gap, both sides will strive again on...
IMF, Islamabad not move forward due to Rs900bn fiscal gap
ISLAMABAD: Deadlock persists between Pakistan and the International Monetary Fund (IMF), the international money launder worked out a larger gap of approximately Rs900 billion,...
