Amid ongoing discussions between Pakistan and the International Monetary Fund (IMF), the Pakistani government’s economic team has revealed an initial projection of around $22 billion […]
Category: Business
Pakistan’s economic strategy: IMF talks and power tariff rationalization.
As discussions progress between the visiting International Monetary Fund (IMF) mission and Pakistan, the government’s economic team has outlined an initial estimate of external financing, […]
Bureau of Statistics Reports Significant Decline in Industrial Production for March
In specific sectors, the production of major industries saw a modest increase of 2.04% on an annual basis in March. However, the tobacco industry witnessed a significant decline of 33.59% in production during the July-March period.
IMF pressures Pakistan for electricity tariff hike amid cost of living crisis.
Amidst Pakistan’s grappling with a severe cost of living crisis affecting a significant portion of its population, the International Monetary Fund (IMF) is pushing for […]
IMF Warns Pakistan of Economic Challenges Amid Policy Adjustments
while Pakistan has made progress in implementing policy adjustments and stabilizing its economy, the road ahead remains challenging. Continued cooperation with international lenders, along with sustained efforts to address structural weaknesses and promote fiscal discipline
Proposed Tax Reforms in Pakistan’s Next Fiscal Year Budget
The proposed tax reforms outlined in the upcoming budget signal a shift towards a more progressive and sustainable tax system in Pakistan. By implementing these reforms effectively,
Country garden repays onshore bond coupons after missed payments.
Chinese property developer Country Garden, facing financial challenges, announced on Saturday that it had repaid two onshore bond coupons before the expiration of a five-day […]
Japan’s economy expected to contract in Q1 2024, hampering bank of japan’s rate hike efforts.
According to a Reuters poll of 17 economists, Japan’s economy is anticipated to have contracted at an annualized rate of 1.5% in the January-March quarter, […]
Pakistan stock exchange (PSX) witnesses bullish trend, KSE-100 index surges.
Positive momentum swept through the Pakistan Stock Exchange (PSX) on Friday, buoyed by optimistic indicators that kept investors engaged in high-stakes trading. The KSE-100 index […]