Gold rates in Pakistan see big drop
The per tola price of 24 karat gold on Tuesday declined by Rs7800 to Rs240,900 as compared to its sale at Rs248,700 on the previous…
Business
Finance Minister confident of reserves reaching $10bn by June
As the government expedites measures to address prevailing dire economic conditions, Finance Minister Muhammad Aurangzeb Tuesday provided a glimmer of hope saying that the country’s…
IMF board meeting on Apr 29 to approve $1.1 bn for Pakistan
The Executive Board of the International Monetary Fund (IMF) will meet on April 29 to finalise its last review of Pakistan’s $3 billion Stand-By Arrangement…
Pakistan on track to secure new loan from IMF: Finance Minister
Finance Minister Muhammad Aurangzeb has said Pakistan is on track to secure a new loan from IMF. In an interview , Muhammad Aurangzeb said the…
PSX hits all-time high, crosses monumental 71,500 points
The Pakistan Stock Exchange (PSX) has witnessed a bullish trend on the first day of the business week, soaring to unprecedented heights and setting a…
Pakistan looking to enter into extended program with IMF: Finance Minister
Finance Minister Muhammad Aurangzeb has said Pakistan is looking to enter into a larger and extended program with the IMF. Talking to President of Asia…
Pakistan makes formal request to IMF for fresh IMF package
Pakistan has made a formal request to International Monetary Fund (IMF) for seeking the next bailout package in the range of USD 6 to USD…
IMF suggests lifting trade bans can boost Pakistan’s exports by 15%
In its recent report on the Middle East and Central Asian countries, the International Monetary Fund (IMF) has highlighted that that Pakistan’s growth rate in 2024…
US dollar strengthens against Pakistani rupee in interbank market
The interbank appreciation of the US dollar against the Pakistani rupee persists today, marking the fourth consecutive day of the dollar’s ascent. According to currency…
IMF chief, finance minister discuss policy preferences, reforms agenda in Pakistan
Finance Minister Muhammad Aurangzeb met International Monetary Fund (IMF) Managing Director Kristalina Georgieva to discuss the economic reforms agenda in Pakistan. The meeting held in…