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Pakistan IMF finally strike 6 billion bailout package

News Desk
2019-05-12

ISLAMABAD – The government has struck a deal with the InternationalMonetary Fund (IMF) on financial packages for about $6 billion,...

Pakistan offshore reserves are so large that country will no longer need to import oil

News Desk
2019-05-11

ISLAMABAD – Minister for Petroleum Omar Ayub Khan and Special Assistant tothe Prime Minister on Petroleum Nadeem Babar visited the...

FBR takes vigorous actions against money laundering

News Desk
2019-05-11

ISLAMABAD – Federal Board of Revenue is taking vigorous actions to counterillicit movement of currency, which is the primary tool...

Finance Ministry responds over talks with IMF

News Desk
2019-05-11

ISLAMABAD – Pakistan and the visiting International Monetary Fund (IMF)Mission have made good progress in their discussions, Finance Ministry saidFriday....

8 billion bailout package: IMF rejects Pakistan draft agreement of loan program

News Desk
2019-05-11

ISLAMABAD – International Monetary Fund (IMF) on Friday has expressedreservation over the draft agreement of loan program with Pakistan. According...

US dollar takes a jump against Pakistani Rupee in open market

News Desk
2019-05-11

ISLAMABAD – The Pakistani currency suddenly weakened over one-rupee toRs142.7 to the US dollar in the open market on Friday...

Pakistan Stock Exchange feels the heat of strong IMF conditions

News Desk
2019-05-11

KARACHI – The KSE-100 index extended its losses on Friday and shed 171points as investors were wary of the conditions...

Pakistan s big gifts to Afghan brothers

News Desk
2019-05-11

ISLAMABAD – Minister of State for Parliamentary Affairs Ali Muhammad Khanon Friday told the Senate that Pakistan has constructed a...

PM Imran Khan rejects draft agreement with IMF

News Desk
2019-05-11

ISLAMABAD – Over strict terms and conditions posed by the InternationalMonetary Fund (IMF) on Pakistan for a bailout package, Prime...

Rs 700 billion new taxes on cards due IMF pressure

News Desk
2019-05-11

ISLAMABAD: The Government of Pakistan and the International Monetary Fund(IMF) will continue their talks regarding a bailout agreement for a...