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IMF Discussions Wrap Up with Assurances from Pakistan
Islamabad: The five-day talks between Pakistan and the International Monetary Fund (IMF) reportedly ended with the primary directive to the province to ensure that all the arrangements needed to implement the agricultural income tax within…
CDWP Approves Rs. 58.857 Billion for Energy Projects
Islamabad: The Central Development Working Party (CDWP) has authorized three significant energy-related development projects in a meeting presided over by Ahsan Iqbal, Minister for Planning, Development, and Special Initiatives (PDSI) and…
Punjab transfers Rs200 billion to Federation to achieve surplus budget target
ISLAMABAD: In compliance of the International Monetary Fund (IMF), Chief Minister Maryam Nawaz led Punjab govt has transferred Rs200 billion to the Federal Government to show surplus of Rs40 billion to secure the IMF loan program worth $7…
Privatization Minister Invites Spanish Investors for B2B
Privatization Minister Invites Spanish Investors for B2B. Spain and Pakistan can enhance bilateral cooperation including in engineering, highways, overheads and bridges.
Oil Prices Dip Amid Oversupply Concerns and Stronger Dollar
ISLAMABAD, November 15, 2024 – Oil prices fell slightly on Friday as concerns about oversupply and weakening demand, fueled by a stronger U.S. dollar, outweighed a sharp decline in U.S. fuel stocks.
By 0105 GMT, Brent crude futures had…
IMF shows concerns over provinces’ fiscal performance, sources
ISLAMABAD: The International Monetary Fund (IMF) has expressed serious concerns over the provincial governments for not giving desired surplus budget to the federal government during the first quarter of the current fiscal year, well…
Intraday Market Surge: Bulls Boost PSX by 800 Points
Karachi: On Thursday, bulls took back control of the Pakistan Stock Exchange (PSX), as intraday shares increased by over 800 points, a move analysts credited to improving macroeconomic stability.
A day ago, the PSX recovered just 131…
No need to introduce minibudget, Pak, IMF agree
ISLAMABAD: The International Monetary Fund (IMF) and Pakistan has agreed on not to introduce minibudget to bridge the tax collection gap, well informed sources told the scribe on Wednesday.
The sources said that the FBR officials held…
Provinces likely to meet IMF tomorrow
ISLAMABAD: The International Monetary Fund (IMF) will likely to meet with provincial government tomorrow here in Islamabad, sources told the scribe.
Talks between Pakistan and IMF visiting mission are continue in Islamabad and will…
Bitcoin Price Climb: Heading Towards the $90,000
London: On Tuesday, Bitcoin surged to nearly $90,000, riding a wave of excitement following Donald Trump's election as US president and expectations that his administration would be pro-crypto.
The biggest cryptocurrency in the world,…