IMF flags solarisation, power demand challenges in Pakistan

The IMF has raised concerns over Pakistan's declining electricity demand due to rising solar panel installations and...

IMF sounds alarm on Pakistan's 'fragile' external debt repayment

According to the IMF, Pakistan's external financing requirements are projected to reach USD 62.6 billion over the...

Pak Govt raise gas rates for industry by 9 pc to meet IMF demands

This decision was ratified on Sunday during a special session of the Economic Coordination Committee (ECC), chaired...

Imran Khan's party says salaried class “suffocated" in Pakistan

The party, making a sharp attack at the Pakistan Muslim League-Nawaz (PML-N)-led government, termed the Finance Bill...

Pakistan: Upcoming budget could further exacerbate situation

Amid rising inflation and debt, the Pakistani economy continues to be majorly dependent upon relief packages from...

IMF calls for energy sector reforms in Pakistan

In a statement, the IMF disclosed that discussions with Pakistani authorities were successfully concluded on...

IMF mission to visit Pakistan again this month for new loan progr

An International Monetary Fund (IMF) mission is set to visit Pakistan this month regarding a new loan program and to...

IMF approves USD 1.1 bn tranche for Pakistan's bailout package

This latest funding marks the third and final installment of a USD 3 billion standby arrangement with the IMF,...

Decision to seek bailout from IMF shows "we have failed": Abbasi

He said that people often ask about relief in the annual budget. However, governments starts borrowing for everything.

Pak delegation reaches US to negotiate with IMF for fresh loan

A delegation from Pakistan, headed by Finance Minister Muhammad Aurangzeb, has arrived in Washington, D.C., to take...

Pakistan to seek fresh IMF bailout package of over USD 8 billion 

The country is expected to seek a fresh IMF bailout package of over USD 8 billion with the possibility of...

Pakistan PM Shehbaz Sharif vows to eliminate IMF dependency

Amid the economic crisis, Pakistan Prime Minister Shehbaz Sharif vowed to get his country out of foreign debt,...