Search For "imf program"
Pakistan's economic stabilisation under scrutiny amid persistent structura
Updated : 4 months, 3 weeks ago IST
Pakistan's business leaders warn that recent economic stability has not translated into real growth, citing structural flaws, weak industrial activity and IMF-driven reforms. They caution that without a shift toward medium-term growth planning, the country risks slipping back into another ec
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IMF rebukes Pakistan for fiscal mismanagement and lack of transparency
Updated : 6 months, 1 week ago IST
The International Monetary Fund (IMF) has issued a stern critique of Pakistan's fiscal governance, highlighting chronic weaknesses in financial management, accountability, and transparency. Despite operating under its 24th IMF programme alongside the Ministry of Finance (MoF), the Fund expre
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Pakistan's economic stability masks a nation sinking deeper into poverty
Updated : 7 months, 4 weeks ago IST
Pakistan's apparent economic recovery, often highlighted by government officials and market analysts, conceals a far grimmer reality for millions of its citizens. While the state asserts growth under the IMF program and the stock market touches record highs, the World Bank's latest assessme
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Failure to publish the IMF report exposes Pakistan's governance gaps
Updated : 8 months ago IST
Pakistan missed the IMF deadline to release its Governance and Corruption Diagnostic Report, delaying key judicial and governance reforms. While most fiscal targets were met, issues with SOEs, tax collection, and provincial cash surpluses remain. Despite shortcomings, the IMF programme is se
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Pakistan faces shocking 850 per cent surge in gas prices as inflation soar
Updated : 1 year, 5 months ago IST
The Pakistan Bureau of Statistics (PBS) revealed a staggering 850 per cent increase in gas prices over the past four months, with electricity tariffs also surging under the IMF program. Rising costs of essential commodities, including sugar and palm oil, further drive inflation. Meanwhile, t
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Pakistan to draw foreign investment, seek loan rollovers: Foreign Minister
Updated : 1 year, 10 months ago IST
The economically crippled country has relied heavily on IMF programmes for years, at times nearing the brink of sovereign default and having to turn to countries such as the United Arab Emirates (UAE) and Saudi Arabia to provide it with financing to meet external financing targets set by the
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Pakistan FinMin says Pak will stay in IMF cycle if taxes not tweaked
Updated : 1 year, 10 months ago IST
Aurangzeb said that the "upcoming IMF programme will not be our last fund programme if we don't bring our tax revenues up."
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Privatisation of SriLankan Airlines is part of IMF program, says CEO Richa
Updated : 1 year, 11 months ago IST
SriLankan Airline CEO Richard Nuttall said that the government is on its way to privatise several state-owned enterprises as part of the International Monetary Fund (IMF) program and one of those is the flag carrier of the island nation.
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Pakistan: Traders across nation join protesters against massive hike in el
Updated : 2 years, 9 months ago IST
Amid stringent International Monetary Fund (IMF) restrictions, traders from throughout Pakistan joined protesters in a demonstration against a significant increase in electricity tariffs on Thursday, ARY News reported.
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Pakistan facing "exceptionally high" economic risks, says IMF
Updated : 2 years, 10 months ago IST
The lender insists that one more IMF program will be necessary to solve structural issues. The government has agreed to notify the public as soon as electricity rates increase by 5 Pakistan Rupees (PKR) per unit and gas prices increase by more than 40%, according to the report. This is becau
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PM Shehbaz Sharif hopeful of current IMF programme being Pakistan's last
Updated : 2 years, 11 months ago IST
On Friday, Information Minister Marriyum Aurangzeb announced that the premier and the finance minister would address the public today to "inspire confidence" in the IMF deal
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Pak Minister hints at settling issues for stalled IMF bailout, promises "r
Updated : 3 years ago IST
"We are following the programme in earnest at this stage and strongly hope that issues with the IMF would be settled very soon as the prime minister, the Ministry of Finance and the entire government were committed to the IMF programme and its amicable completion," said Minister of State for
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