Pak govt struggling to find solution to 'electricity price shock'

The development comes as the Pakistan caretaker government continues to hold talks for the third consecutive day in...

Experts blame grey market, IMF as rupee goes into free fall 

As the Pakistani Rupee (PKR) goes down steadily against the US dollar, experts and stakeholders in Pakistan point...

Pakistan: Total foreign loans rise to USD 2.8bn in July

Pakistan's total foreign loans increased to USD 2.8 billion in the first month (July 2023) of the current fiscal...

Growth slowdown concentrated in advanced economies: IMF

The growth in emerging markets and developing economies is still expected to pick-up with year-on-year growth...

IMF predicts Indian economy to grow at 6.1 pc in 2023

The International Monetary Fund has predicted that India's economy will grow at 6.1 per cent in 2023, a 0.2...

UAE Ministry publishes results of Government Finance Statistics

Total revenues included AED63.5 billion of tax revenues, AED3.9 billion of revenues from social contributions, and...

Pakistan plays 'flag war' despite country’s poor economy

Pakistan has been busy playing 'flag war' despite the critical financial status of the country and has decided to...

IMF gives approval for stand-by arrangement for Pakistan

The IMF's announcement on Wednesday came after Pakistan Finance Minister Ishaq Dar said that Pakistan received USD 1...

Pakistan aims to generate PKR 215 billion in new taxes

"Pakistan and IMF had detailed negotiations for the last three days as a last effort to complete the pending...

IMF asks Pakistan to revise budget as deadline looms: Report

The Fund added that without changes in the budget, the staff-level agreement with the IMF cannot be achieved.

Pakistan: Energy plans from Iran in danger due to militant attack

According to analysts, Pakistan's attempt to resolve the foreign exchange crisis by importing energy from Iran could...

Pak: Efforts to get USD 3-4 billion from friendly countries

Pakistan is trying to obtain USD 3-4 billion from friendly countries in case its deal with the International...