KARACHI: Pakistan’s agreement with the International Monetary Fund (IMF) for a $3 billion stand-by arrangement (SBA) will provide some relief for its strained public finances, but...
KARACHI: The Pakistani rupee on Tuesday gained massively in the interbank market during the intraday trade after the government struck a deal with International Monetary Fund...
KARACHI: Pakistan Stock Exchange (PSX) Monday witnessed a bullish trend as the KSE-100 benchmark index crossed 2,000 points after the government reached a consensus with the...
ISLAMABAD: Pakistan will have to notify an increase in gas sale price by 45-50% and electricity base tariff by Rs3.50 to over Rs4 per unit for...
Prime Minister Shehbaz Sharif said Tuesday that Pakistan expects a decision on the International Monetary Fund’s (IMF) stalled bailout programme within a day or two as...
KARACHI: A second cargo of discounted 55,000 tonnes of Russian crude oil arrived at the Karachi port Tuesday. As soon as the berthing plan of the...
Following withdrawal of its guidance on imports, the State Bank of Pakistan’s (SBP) Monetary Policy Committee (MPC) on Monday decided to jack up the policy rate...
The National Assembly on Sunday approved an amended Finance Bill 2023 which was revised to meet International Monetary Fund conditions in a last ditch effort to...
PARIS: Prime Minister Shehbaz Sharif on Thursday met International Monetary Fund (IMF) Managing Director Kristalina Georgieva, urging the lender to unlock stalled funds as Pakistan has...
ISLAMABAD: In two weeks, the Pakistan Refinery Limited (PRL) is likely to submit to the government a report about the quality, yields, and commercial viability of...