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Pakistan Optimistic as IMF Begins Review of $7 Billion Loan Program

Pakistan Optimistic as IMF Begins Review of $7 Billion Loan Program

The International Monetary Fund delegation led by Nathan Porter travels to Pakistan from March 3 to 14 to examine whether the nation fulfills its 37-month Extended Fund Facility conditions agreed in September 2024. The review

PM Shehbaz Launches URAAN Pakistan Program to Accelerate Economic Revival

PM Shehbaz Launches URAAN Pakistan Program to Accelerate Economic Revival

Today, the new Prime Minister of Pakistan, Shehbaz Sharif, started the URAAN Pakistan Program, which will bring the country closer to economic stability. The launch of the reform and project for sustainable development is in

Pakistan is at Risk of Missing IMF Loan Targets

Pakistan is at Risk of Missing IMF Loan Targets

Pakistan is at risk of the most important economic test as it seems to be falling short of meeting most of the targets set by the IMF for its current loan package. Inside sources indicate

Pakistan Considers Drastic Cut in Solar Net Metering Rates, Sparks Concern

Pakistan Considers Drastic Cut in Solar Net Metering Rates, Sparks Concern

The Pakistan government is currently reviewing a massive cut in the tariff for roof-mounted solar power, which could come down from the present Rs 21 per unit to between Rs 7.5 to Rs 11 per

Saudi Delegation’s Arrival in Pakistan Sparks $2 Billion in MoUs

Saudi Delegation’s Arrival in Pakistan Sparks $2 Billion in MoUs

A high level Saudi delegation to talk business and investment deals arrived in Pakistan amid expectations that Riyadh and Islamabad are to sign bilateral agreements worth $2 billion. The Saudi delegation led by the kingdom’s

IMF board to meet today to approve $7bn loan for Pakistan

IMF board to meet today to approve $7bn loan for Pakistan

The International Monetary Fund Executive board said it would consider “Pakistan - 2024 Article 4 Consultation and Request for an Extended Arrangement under the Extended Fund Facility”.Pak finance minister Muhammed Aurangzeb said the IMF board

IMF’s Call for 18% GST on Petrol Sparks Debate in Pakistan

IMF’s Call for 18% GST on Petrol Sparks Debate in Pakistan

The International Monetary Fund (IMF) has Stirred discussions in Pakistan by urging the Government to implement an 18 Percent General Sales Tax (GST) on Petrol. This Demand reported by News marks a Significant move Aimed

Pakistan’s Mounting Debt: A Closer Look at the Rs63.399 Trillion Burden

Pakistan’s Mounting Debt: A Closer Look at the Rs63.399 Trillion Burden

Pakistan's total Debt has Surged to a Staggering Rs63.399 Trillion by the end of November in the Fiscal Year 2023-24 according to an Official Report. The Data Reveals an increase of Over Rs12.430 Trillion in

IMF’s $3 Billion Bailout Program for Pakistan

IMF’s $3 Billion Bailout Program for Pakistan

The International Monetary Fund (IMF) has recently unveiled a $3 billion Standby Arrangement (SBA) program for Pakistan. But what does this really mean for Pakistan and its people? Let's break it down in easy-to-understand terms.

Government’s Plan to Help with High Electricity Bills Shared with IMF

Government’s Plan to Help with High Electricity Bills Shared with IMF

The government has a plan to help people who have to pay a lot of money for electricity. They talked about this plan with the International Monetary Fund (IMF), as said in The News newspaper