Pakistan govt imposes power surcharge from next fiscal year

Pakistan's government has taken the decision to generate PKR 335 billion more in revenue over the next fiscal year...

Sitharaman discusses debt restructuring with heads of WB, IMF

Sitharaman co-chaired debt roundtable jointly with IMF MD Kristalina Georgieva and World Bank chief David Malpass....

"World should have more regulation for private cryptocurrencies"

Kristalina Georgieva urged for a strong push for regulation and added, "if regulation fails, if you're slow to do...

Pak PM asks ministers, advisers to let go of salaries, benefits

According to Dawn, the belt-tightening comes as the government is trying to resume a stalled loan programme of the...

FM shares success of Aadhaar-enabled DPI in symposium

The symposium, moderated by Infosys' co-founder Nandan Nilekani, saw the participation of Union Finance Minister...

India's strong performance remains a bright spot: IMF chief

The chief said in a blog on Wednesday, "So, it's fitting that Group of Twenty finance ministers and central bank...

IMF asks Pak to take steps to be able to function as a country

"My heart goes to the people of Pakistan. They have been devastated by the floods that affected one-third of the...

Pak: Political party gives govt ultimatum to withdraw fuel price

Addressing a press conference, TLP Saad Hussain Rizvi warned that if the government does not withdraw the price...

IMF loan delay pushing Pakistan economy "into a tailspin": Report

Pakistan is in panic after the IMF team that came to negotiate the details left without reaching a final agreement...

David Malpass to step down as World Bank President

Malpass will leave his position on June 30, the end of the World Bank's fiscal year, after serving more than four...

Pakistan, IMF fail to reach staff-level pact on bailout package

The development comes as negotiations, which took place between IMF and Pakistan from January 31 to February 9,...

Pak on verge of bankruptcy but parties differ: Report

Pakistan repeats its old habit of asking the money from foreign lands. Recalling the past, the vernacular media said...