ISLAMABAD: The $7 billion deal with the International Monetary Fund (IMF) is facing significant hurdles just a month after its approval, raising concerns among authorities […]
Tag: PakistanEconomy
Pakistan Expedites Payments to China Amidst Energy Project Liabilities
ISLAMABAD: Pakistan has taken steps to reduce its payables for Chinese energy projects to $1.4 billion (approximately Rs391 billion) after committing to fully clear fresh […]
Pakistan Briefs IMF on Key Reforms During Washington Visit
Pakistan’s delegation, led by Secretary Finance Imdad Ullah Bosal and Governor State Bank of Pakistan Jameel Ahmed, met with IMF Deputy Managing Director Kenji Okamura […]
Short-term Inflation Surges to 15%
ISLAMABAD: Short-term inflation, measured by the Sensitive Price Index (SPI), surged to 15.02% in the week ending October 17, driven by rising prices of perishable […]
US Pushes for Special Creditor Status
Considers Lending $1 Billion to Pakistan for Reko Diq Project; Islamabad Remains Hesitant ISLAMABAD: The United States once again sought preferred creditor status for its […]