Ex-IMF official & State Bank’s current governor, Raza Baqir calls for an end to SBP’s accountability

The current governor of the State Bank of Pakistan (SBP), who used to oversee the IMF’s operations in Egypt,...

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Mar 27 · >

IMF approves $500 million tranche for Pakistan after noting “satisfactory progress”

The International Monetary Fund (IMF) approved a $500 million disbursement to Pakistan for budgetary support after its Executive Board...

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Mar 25 · >

PM Imran Khan approves increase in electricity prices by as much as 25%: report

Prime Minister Imran Khan has finally given the green light to the long-rumored increase in electricity prices. The move...

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Dec 18 · >

Never-ending debt? Govt signed $10.5 billion worth of loan deals in FY20

According to the Annual Report on Foreign Economic Assistance published by the Ministry of Economic Affairs, Economic Affairs Division...

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Dec 14 · >

IMF lowers Pakistan’s growth forecast to 1 percent for FY2020-21

The International Monetary Fund (IMF) has revised its previous estimate and predicted that Pakistan’s economy might only grow by...

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Jun 26 · >

US Dollar hits another peak against Pakistani Rupee

Another bad news for Pakistanis. The US Dollar has reached another all-time high against the Pakistani Rupee today as...

Jun 26 · >

Asad Umar steps down amid financial crisis in the country

The Finance Minister of Pakistan Asad Umar announced on Twitter that he is stepping down from his position and...

Apr 18 · >

China to give $2 billion loan to Pakistan

China has agreed to give $2 billion loan to Pakistan that will be categorized as an “official bilateral inflow”...

Jul 28 · >

IMF says cryptocurrencies are no risk to global financial stability

Cryptocurrencies may be getting popular for their volatile nature and unstable price point but that does not mean that...

May 2 · >