Pakistan a 'very high concern' area in food insecurity: UN report

It observes that, in the midst of the present global economic slump, rising state debt has aggravated Pakistan's...

IMF asks Pak to follow Constitution to resolve political disputes

The discussion between Shehbaz and Georgieva took place on Saturday after the finance ministry could not break...

PM Modi calls "mutual trust" foundation of India-Australia ties

"Earlier, it was said that India and Australia relation is defined by 3Cs- Commonwealth, Cricket and Curry. Then it...

India a "bright spot" in global economy: PM Modi in Sydney

Today the International Monetary Fund considers India a bright spot in the global economy and the World Bank...

IMF says UK economy to avoid recession in 2023

The UK economy is expected to avoid a recession and maintain positive growth in 2023, said International Monetary...

Spectre of potential default looms large over Pak economy: Report

The consequences of a default for Pakistan's economy would be dire with hyperinflation, devaluation of the Pakistani...

Pakistan receives 38pc lower inflows in financing

Pakistan is already struggling to find stability in politics and now, the cash-strapped country is seeing a slow...

'Risks for inflation sizable, central banks must stay resolute'

She said central banks must remain resolute in keeping policies tight and recognize that insufficient monetary...

Pakistan's economy caught between Devil and deep blue sea: Report

Pakistan Bureau of Statistics has calculated the Sensitive Price Index (SPI) for the week ending 11 May at 48.02 per...

Pakistan looking towards friendly countries for funding

The current loan programme with the IMF will end on June 30, 2023, and Pakistan is now 'considering' a new IMF...

Sri Lankan economy to grow in 2024 after contracting this year

The IMF official said the country's economic prospects hinge quite critically on the implementation of the economic...

Pakistan's financing requirements for IMF deal unchanged: IMF

On Sunday, Perez Ruiz said that external funding requirements had not changed throughout the discussions, under a...