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IMF revises deficit upward to 7.7pc of GDP
The International Monetary Fund (IMF) has upward revised the budget deficit (excluding grants) to 7.7 percent of the GDP for the current fiscal year...
MARI hits success with second Ghazij Well in Sindh lease
Mari Petroleum Company Limited (PSX: MARI) has successfully drilled and tested the second appraisal well in the Ghazij formation in the Mari Development and...
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...
