Jason Wu, Assistant Director at the International Monetary Fund's (IMF) Monetary and Capital Markets Department, addressed the tightening of monetary policy in Pakistan over the past two to three years to combat inflation. He emphasized the need for further efforts on both the demand and supply ...

In November, overseas Pakistanis sent foreign exchange amounting to $2.25 billion, reflecting a 3.6% decrease compared to the corresponding month last year. During the initial five months of the current financial year, the total financial volume of workers' remittances reached $11 billion. In ...

An RTI inquiry has revealed that pensioners, both civil and military, residing abroad are receiving their pensions in foreign currency. The Ministry of Foreign Affairs (MoFA) states that 164 pensioners living abroad receive pensions in currencies other than the rupee. This contradicts the ...

A team from the International Monetary Fund (IMF) has recently evaluated the status of Pakistan's state-owned enterprises and has declined to accept a report submitted by the Pakistani government, as per sources on Monday. These findings come amidst ongoing technical-level discussions between ...

The negotiations between the Federal Board of Revenue (FBR) and the International Monetary Fund (IMF) has been revealed. According to sources, the IMF has put forth a demand to expand the taxpayer base. The Federal Board of Revenue (FBR) has provided assurances to the visiting IMF team that they ...

In Islamabad, the International Monetary Fund (IMF) has put forth a demand for Pakistan to present a tax collection plan amounting to Rs 6,670 billion by June 2024. This request was made, as reported by ARY News, on Saturday. An IMF review mission arrived in Pakistan on Wednesday night to ...

Nobel laureate Malala Yousafzai is calling on the government to reconsider its policy regarding the eviction of illegal immigrants, specifically targeting over 1.7 million Afghan refugees currently residing in Pakistan. In a post shared on X on a Friday, she echoes the plea of UN experts, urging ...

The Cabinet Division in Islamabad has recently issued a warning to all federal ministries and departments in response to a series of reported cyber-attacks. These cyber-attacks have been concerning, as they involve the use of fake emails and WhatsApp messages that appear to come from government ...

The International Monetary Fund (IMF) has reportedly presented stringent austerity conditions regarding Pakistan's development budget. There are concerns regarding the allocation of funds for new projects in the current financial year, as reported by ARY News. As a response to the IMF's proposal ...

In response to the unfolding humanitarian crisis in Gaza, Pakistan has taken the decision to swiftly send humanitarian relief aid to Gaza. This action is aimed at alleviating the suffering of the Palestinian population, as reported by ARY News on Monday. The Foreign Office (FO) spokesperson ...