By Staff Reporter
ISLAMABAD: Pakistan will ask some of its bilateral creditors to ease its debt repayment terms, Finance Minister Ishaq Dar said on Saturday, as the country faces uncertainty over completing an International Monetary Fund (IMF) bailout program that expires this month.
By Staff Reporter
ISLAMABAD: Pakistan’s economy suffered through a dismal year in 2022-23, with all its macroeconomic targets falling short of expectations due to a stalled International Monetary Fund (IMF) program, restricted imports, severe floods, and political turmoil.
By Staff Reporter
ISLAMABAD: Pakistan’s top military brass vowed on Wednesday to tighten the “noose of law” around the “planners and masterminds” of the May 9 violence that erupted after the arrest of former prime minister Imran Khan.
By Staff Reporter
KARACHI: Pakistan’s economy is expected to grow by 2 percent in the next fiscal year, well below the government’s target of 3.5 percent, as the country struggles with the lasting effects of last year’s floods, high inflation and policy uncertainty, the World Bank said on Tuesday.
By News Desk
ISLAMABAD: Prime Minister Shehbaz Sharif said he was hopeful of finalising a deal with the International Monetary Fund (IMF) in June, as the country grapples with a crippling economic crisis.
By News Desk
ISLAMABAD: Former Prime Minister Imran Khan again accused the country’s powerful military and its spy agency of ‘openly trying to destroy his political party’ and said he expected to be tried in a military court and jailed.
By Staff Reporter
ISLAMABAD: Pakistan’s Finance Minister Ishaq Dar said on Saturday there was no technical reason for the delay in resuming a $6.5 billion International Monetary Fund (IMF) programme that has been stalled since November, and assured the country would not default on its debt obligations.
By Staff Reporter
ISLAMABAD: Pakistan’s inflation hit another record high in May, making it Asia’s fastest for a second month, just days before the next fiscal budget is due to be unveiled in a country facing unprecedented economic challenges.
By Staff Reporter
ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday rejected an offer of talks from former premier Imran Khan, dismissing the idea that “anarchists and arsonists” who attacked symbols of the state are eligible for dialogue.
By Staff Reporter
ISLAMABAD: The International Monetary Fund (IMF) said it continues to engage with Pakistan to pave the way for a board meeting before its $6.7 billion stalled bailout expires at the end of June.
