The country remains mired in political and economic crises, amid punishing inflation that neared 38 per cent in May. On Monday, the central bank left its benchmark rate unchanged at a record-high 21 per cent, saying it thinks inflation has "peaked."
A general election is scheduled for November, which the government hopes will resolve the uncertainty caused by the protest movement led by the chairman of the Pakistan Tehreek-e-Insaf (PTI) since his ouster in a no-confidence vote last year.
India is also making great efforts to accelerate infrastructure development. From airways to railways and roadways, a swift expansion and upgradation are set to enhance the macroeconomic dividends of the country.
Minister of State for Finance Dr Aisha Pasha, in a policy statement delivered during the National Assembly Standing Committee on Finance, stressed that Pakistan's only choice was to return to the IMF.
In addition, Khawaja Asif responded, "Why do they close their eyes when something is happening somewhere, some location in the world where American interest is involved, but they don't speak," when questioned about his thoughts on Nathan Porter discussing the current political developments i
"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
Pakistan Finance Minister Ishaq Dar on Wednesday said that the talks with Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan were only possible if the latter "apologise to the nation for the May 9 riots," Pakistan-based ARY News reported
The discussion between Shehbaz and Georgieva took place on Saturday after the finance ministry could not break the deadlock over the loan talks during the past four months, The Express Tribune wrote quoting sources. Two days after the highest-level contact was established between Shehbaz
"Earlier, it was said that India and Australia relation is defined by 3Cs- Commonwealth, Cricket and Curry. Then it was said that our relationship is defined by 'Democracy, Diaspora and Dosti. Some people also said that our relationship depends on Energy, Economy and Education. But I believe