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Pakistan will borrow another $1.44 billion to deal with circular debt

Pakistan is planning to borrow another loan to deal with the prevailing circular debt of the country.of $1.44 billion (200 billion Pakistani Rupees). To curb...

IMF warned governments about the expected global economic storm

Dubai: International Monetary Fund or IMF gave a warning to different governments for the expected global economic storm. IMF warned governments to be prepared as...

Loan repayments may obliged Pakistan to seek IMF bailout

With the high payment of around $5 billion coming in upcoming months, Pakistan may be obliged to take the International Monetary Fund or IMF...

Govt of Pakistan took $2.3 billion loan in 6 months of...

Islamabad: According to sources, the Government of Pakistan borrowed the huge $2.3 billion in the first half of the ongoing fiscal year. Economic Affairs Division...

IMF Loan: Another round of talks ended fruitless, sources

According to sources, Another round of talks for International Monetary Fund or IMF loan ended fruitless. Latest IMF loan talks between Pakistan and International Monetary...

IMF asked government for extra taxation measures

According to sources, International Monetary Fund or IMF asked the government of Pakistan to take further measures on taxation front. IMF asked the Pakistani government...

IMF discussions with Pakistan are still in progress, Gerry Rice

International Monetary Fund or IMF discussions with Pakistan are ongoing, as revealed by the IMF’s Director Communications Department Gerry Rice. IMF discussions with Pakistan are...

Revenue collection observed the shortfall of over 170 billion

Federal Board of Revenue or FBR revealed that the revenue collection faced the shortfall of more than 170 billion. The revenue collection faced the shortfall...

Foreign Exchange: SBP reserves fall by $591 million

State Bank of Pakistan or SBP reserves fall by around $591 million and reached at $7.457 billion on December 21. SBP reserves fall by $591...

Mini budget 2019 is underway as govt, IMF has still differences

Mini budget 2019 is in under preparation as International Monetary Fund and government has still some differences. Mini budget 2019 is expected to come in...

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