Expedite implementation of austerity measures: Pak FM

Ishaq Dar was chairing the second meeting of the monitoring committee to oversee the implementation of austerity...

Pakistan to seek US help for staff-level agreement with IMF

Following the delay in the staff-level agreement with the International Monetary Fund (IMF), Pakistan has decided to...

IMF doesn't trust finance ministry, says Pak ex-Finance Minister

The next tranche of the IMF bailout package would depend on Pakistan's quick measures to arrange for full financing...

The IMF bailout package: Will Pakistan make it?

Notwithstanding the fact that crisis-hit country has completed a major part of IMF conditionality, glitches still...

Pakistan requests China for rollover of USD 2 billion deposits

Pakistan has requested China for rollover of USD 2 billion USD 2 billion SAFE (State Administration of Foreign...

USD 2 billion "transported" from Pak's south to north annually

The minister while addressing a press conference on Friday said that every year, private security vans, carrying USD...

China approves USD 1.3 billion rollover for cash-strapped Pak

Taking to Twitter, Pakistan Finance Minister Ishaq Dar announced, " Formalities completed [and] Chinese Bank, ICBC...

Pakistan PM's office demands hike in budget: Report

The additional funds have been reportedly sought by the internal wing of the PM's office with the permission of...

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...

Pakistan receives funds worth USD 700 million from China

Dar took to his Twitter to make the announcement. He wrote: "AlhamdoLilah! Funds USD 700 million received today by...

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...

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,...