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Massive rise in power rates

The coalition government has faced multiple challenges since taking office. The coalition led by the PML-N has had little to...

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A Difficult Decision

The government’s decision to raise petrol prices beginning Thursday night to partially pass on the impact of rising global oil...

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Relief Package: IMF Demands Details of Petrol, Power Subsidy Funding

The International Monetary Fund (IMF) has sought financial agreements and other details from the provincial governments about the financing of...

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IMF to Question PM Khan’s Relief Package During 7th Review of EFF Program

In the forthcoming review of the Extended Fund Facility (EFF) program, the International Monetary Fund (IMF) is set to question...

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Skyrocketing Oil Prices

The public’s outrage over the recent hike in domestic gasoline and diesel prices is quite natural. The phenomenal increase in...

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IMF Okays $1bn Loan Tranche under Extended Fund Facility

The Executive Board of the International Monetary Funds (IMF) has approved the loan worth a $1 billion tranche for Pakistan...

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Economy to Grow up to 5% Despite Challenges: SBP

The State Bank of Pakistan has projected economic growth of up to 5% in the current fiscal year 2021-22, but...

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Government’s foreign loans rose 18% during July-October

As per the Ministry of Economic Affairs, the government acquired $3.8 billion worth of new foreign loans during the July-October...

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The Impression that Pakistan’s Talks with IMF Have Failed is False: Shaukat Tarin

Finance Minister Shaukat Tarin has rejected the impression that Pakistan’s talks with the International Monetary Fund (IMF) have failed. While...

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Cooperation with Pakistan will continue: IMF assures Shaukat Tarin

Federal Finance Minister Shaukat Tarin apprised the incoming country representative of the International Monetary Fund (IMF), Esther Perez Ruiz, on...