Business
IMF and Pakistan has reached a staff level agreement on final bailout review
The International Monetary Fund (IMF) has reached a staff-level agreement with Pakistan on the final review of a $3 billion bailout, where the country...
Govt jacks up Petrol price by Rs13.55 per litre
The caretaker government on Wednesday hiked the price of petrol by Rs13.55 per litre for the next fortnight.
The new price of petrol is now...
IMF’s review mission expected to visit Pakistan after Feb 8 polls
A review mission of the International Monetary Fund (IMF) is likely to be dispatched to conduct talks with Islamabad after Pakistan's much anticipated general...
Banking Sector spread inched up by 1.4% on YoY basis in Dec
As per the data released by the SBP the Banking sector spread for the month of December 2023 has decreased by 1 basis points...
New structural benchmarks set by IMF
The International Monetary Fund (IMF) has set two new structural benchmarks (SBs) for Stand-By Arrangement (SBA) including (i) notification of the December 2023 semi-annual...
Power tariff: Timely adjustments critical to energy sector viability: IMF
Timely adjustments in electricity tariff are critical to restore energy sector viability while maintaining a progressive structure to protect the most vulnerable households.
This was...
IMF asks for another hike in gas prices
International Monetary Fund (IMF) projected that November 1, 2023, gas tariff raise will add to headline inflation in coming month and asked for a...
Pakistani Rupee’s unbeaten streak reaches 10 weeks against USD
The Pakistani rupee (PKR) sustained its upward momentum during the outgoing week and gained 46 paisa to settle at PKR 279.9, as compared to...
Pakistan’s Fuel Oil Exports Hit All-time High in Dec As Domestic...
Pakistan's fuel oil exports rose to an all-time high in December amid declining demand from domestic utilities as the country focuses on alternate fuels...
IMF Sees Rupee To Fall To 322 Against Dollar By June...
Washington DC January 20 2024: International Monetary Fund predict the Pakistan Rupee for current fiscal year (2024) to close at 322 against dollar in...
