Without political stability, Pakistan has little chance of achieving economic prosperity
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In address, PTI chief reiterates vows of facilitating overseas Pakistanis to invest money in the country
IMF Says Elections in Pakistan Solely Domain of Country’s Institutions
by Staff Reportby Staff ReportGlobal lender seeks to negate impression that its conditionalities hamper country’s ability to perform constitutional activities
Government Aims for Rs. 100/liter Fuel Discount for Motorcycles, Small Cars
by Staff Reportby Staff ReportIMF says it is seeking further details on the scheme and will discuss it with authorities
Global lender claims negotiations to revive stalled bailout have focused on economic, balance of payment issues
Under plan, motorcyclists, rickshaw drivers and 800cc-and-below car owners will receive subsidy of Rs. 50/liter on petrol
Details of Staff-Level Agreement with IMF Will be Made Public: Ishaq Dar
by Staff Reportby Staff ReportIn Senate, finance minister maintains that there will no compromise on Pakistan’s nuclear and missile programs
In press release, Raza Rabbani laments that incumbent government avoiding Parliament similar to ousted PTI-led regime
Economic body also approves Ramzan Relief Package worth Rs. 5 billion, and waiver of storage charges on containers stuck at Karachi Port
Revised rates to be collected for next fortnight, as government works to withdraw subsidies to revive stalled IMF program
Moody’s Downgrades Pakistan to Caa3 over Worsening Liquidity Situation
by Staff Reportby Staff ReportAgency blames weak governance, heightened social risks as impediments to implementation of policies needed to reduce balance of payments risks
P.M. Sharif Announces Austerity Measures as Sop to Inflation-hit Populace
by Staff Reportby Staff ReportWarning of more inflation to come, government aims to save Rs. 200b through various steps, including withdrawing salaries, perks of federal cabinet
Tabled as part of efforts to revive stalled IMF program, the legislation imposes Rs. 170 billion in additional taxes
Global lender’s chief says it wants to ensure Islamabad takes steps that avoid a need for its debts to be restructured
PMLN leader warns it will take ‘years’ to mend the national economy from the state it was left in by the PTI-led government
Citing rupee devaluation, government raises petrol tariff to Rs. 272/liter; high-speed diesel Rs. 280; kerosene Rs. 202.7; and light-diesel oil to Rs. 196.68/liter