DOHA – Amid the soaring political tensions in Pakistan, the International Monetary Fund (IMF) on Wednesday delayed the revival of the stalled $6 billion programme under the External Financing Facility (EFF) for Pakistan. The revival of the programme was expected to bring stability to ...

*KARACHI: Amid uncertainty over a deal with IMF and the announcement of monetary policy, the Pakistan Stock Exchange (PSX) on Monday shed 683 points, depicting a lack of confidence from investors in the market. * The KSE-100 index fell below the 43,000 mark today after it shed 683 points and ...

The Finance Minister expressed the hope that in next two days he will succeed in having agreement with IMF in the best interest of the country and the people. Finance Minister Miftah Ismail says today the nation is paying price of wrong policies and agreements signed by previous government ...

*KARACHI: The US dollar continued its rising streak against the rupee on Wednesday as the greenback reached an all-time high of Rs200 in the open market. * According to the Forex Association of Pakistan (FAP), the greenback gained Rs1.68 in the interbank market from the previous day’s close of ...

ISLAMABAD – A team of Pakistani officials have started talks with the International Monetary Fund (IMF) in Doha today (Wednesday) in a bid to revive the $6 billion loan programme secured by the South Asian country in 2019. Finance Minister Miftah Ismail, Minister of State for Finance Dr. ...

*Islamabad: The Pakistani delegation to negotiate with the International Monetary Fund (IMF), and to review the economic relief program for the country, would depart for Doha on May 17, 2022. * IMF’s Staff Mission, headed by Nathan porter, will also reach Qatar today. Negotiations between ...

*KARACHI: Pakistan Tehreek-i-Insaf (PTI) spokesperson on finance Muzzammil Aslam on Monday claimed that the IMF has deferred meeting with Pakistan authorities for release of US$1 billion tranche until May 18 and is demanding a hike in petrol and diesel prices. * Muzzammil Aslam while sharing a ...

*KARACHI: Pakistan Stock Exchange (PSX) on Monday fell like a house of cards and lost over 1607 points owing to growing uncertainty over talks with International Monetary Fund (IMF) for the release of US$1 billion tranche. * The KSE-100 index lost 1607 points during the early hours on the first ...

*ISLAMABAD: Prime Minister (PM) Shehbaz Sharif will land in Saudi Arabia to perform Umrah along with 16 members of the Sharif family.* According to sources, the Prime Minister’s visit to Saudi Arabia will be accompanied by 16 members of the Sharif family. In this regard, the Foreign Office has ...

Pakistan Navy Maritime Security Agency ships Kolachi, PNS Shamsheer and PNS Azmat visited the United Arab Emirates (UAE). Navy DGPR said that UAE link Navy and Pakistan diplomatic officials welcomed the Pakistan Navy ships at the Zayed Port link. PNS Mission Commander and Commanding Officers ...