Pakistan's trade deficit soars 44 pc in July

Pakistan's trade deficit surged by a staggering 44 per cent in July, driven by a sharp increase in imports, raising...

Hard to implement IMF deal as political pressure surges in Pakist

The current fiscal year's tax-laden budget and the Supreme Court's ruling on reserved seats have shifted the focus...

Pak: Curbing illicit tobacco trade a condition for IMF funding

Experts said Pakistan has a strategic window to meet International Monetary Fund (IMF) conditions, boost tax...

IMF packages will not suffice in keeping Pak economy afloat

Pakistan's economic blindspot continues to be the fact that no amount of IMF bailouts or foreign bailouts will be...

World Bank reduces Pakistan's growth forecast to 0.4 per cent

Increasing interest rates and uncertainty in financial markets have further enhanced pressure on Pakistan's...

Pakistan's inflation soars to 35.4 per cent in March

Pakistan's year-on-year inflation hit 35.37 per cent in March -- the highest in nearly five decades -- as the...

Pakistan agrees to increase interest rate by 200 basis points

Pakistan has accepted another pre-condition of the IMF for the release of USD 1.1 billion in critical funding.

IMF giving tough time to Pakistan, says PM Shehbaz Sharif

"As we speak, an IMF delegation is in Islamabad and giving a very tough time to the finance minister and his team. I...

Pak to impose new taxes worth Rs 200 bn to comply IMF conditions

The two draft ordinances prepared for Rs 100 billion each in taxes and flood levies. Pakistan is also considering...

Pakistan need to fix responsibility for its depleting forex

This quick depletion of the forex reserves was blamed on the PDM government's indecisiveness vis-a-vis revival of...

Pakistan's love-hate relationship with IMF amid economic woes

Islamabad [Pakistan], October 1 (ANI): Governments may come and go, but Pakistan's economic woes - and its love and...

Pakistan urges IMF to ease harsh terms on power tariff, fuel tax

Islamabad [Pakistan], September 30 (ANI): Amid a worsening economic crisis due to floods, high inflation and...