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Business

Syed Raza Hassan
Mar 18, 2025

PSX stays strong as positive economic signals boost sentiment

Media reports the IMF has permitted Pakistan to borrow Rs1.25 trillion from domestic banks to help manage the Rs2.4 trillion circular debt.

Business

Web Desk Karachi
Feb 24, 2025

IMF negotiations for $1 billion climate funding commence today

The IMF technical team will primarily engage with critical ministries, such as planning, finance, climate change, petroleum, and water resources, along with the Federal Board of Revenue, disaster management agencies, and provincial governments.

Business

Web Desk Karachi
Jan 06, 2025

IMF demands major levy on captive power gas to level industrial power costs

Under the $7 billion EFF signed in September, Pakistan is required to cease gas supply to CPPs by January 2025 as part of a key structural benchmark.

Business

Web Desk
May 24, 2024

IMF, Pakistan talks end on positive note

An IMF team, led by mission chief Nathan Porter, concluded discussions with the authorities on Thursday after arriving in Pakistan on May 13, the lender said in a statement.

Pakistan

Web Desk
Apr 20, 2024

IMF approves Pakistan’s request for bailout package

The international lender has reportedly approved Pakistan’s request for to USD 8 billion loan under Extended Fund Facility (EFF).

Business

Web Desk
Mar 22, 2024

Pakistan set to discuss IMF’s EFF in April

Muhammad Aurangzeb, announced on Friday that discussions regarding an Extended Fund Facility (EFF) with the IMF will take place next month.

Business

Web Desk
Mar 14, 2024

Pakistan, IMF discuss fiscal strategy and energy sector sustainability

Pakistan’s Finance Minister, Muhammad Aurangzeb, engaged in discussions regarding structural reforms and the sustainability of the energy sector during a meeting with the International Monetary Fund (IMF) mission on Thursday, as per a statement released by the finance ministry.

Business

Web Desk
Feb 23, 2024

Pakistan seeks $6 billion IMF loan amidst debt challenges

Pakistan is expected to pursue a new loan of at least $6 billion from the International Monetary Fund (IMF), according to a report.

Business

Web Desk
Jul 12, 2023

Pakistan ‘agrees’ to hike power tariff by Rs4 per unit to secure IMF deal

According to a private TV channel, a plan has been finalised between the Ministry of Finance and the IMF to control the circular debt of the power sector