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Tag: Fiscal Consolidation

Moody's Ratings on Pakistan budget
Business
  • Web Desk
  • Jun 14, 2024
Pakistan’s revenue goals in new budget critical for IMF support: Moody’s

Moody’s Ratings, a global credit rating agency, expressed that Pakistan’s newly-announced budget for fiscal year 2024-25 could facilitate Islamabad’s ongoing negotiations with the International Monetary Fund (IMF) for a new Extended Fund Facility (EFF).

IMF Pakistan financing needs
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.

SBP monetary policy meeting
Business
  • Web Desk
  • Dec 12, 2023
SBP keeps policy rate unchanged at 22% amid economic developments

The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has resolved to maintain the policy rate at 22 per cent.

IMF Pakistan financing needs
Pakistan
  • Web Desk
  • Nov 15, 2023
Pakistan reaches staff-level agreement with the IMF

Pakistan has successfully reached a staff-level agreement with the International Monetary Fund (IMF) following the first review of a $3 billion bailout.

SBP to facilitate IT exporters
Business
  • Web Desk
  • Oct 30, 2023
SBP announces to keep policy rate unchanged at 22% amid rising inflation

The State Bank of Pakistan (SBP) has opted to maintain the key policy rate at 22 per cent, according to a press release issued on Monday.

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