Tag: Economic Reform
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Finance Minister unveils economic plan to slash expenditures and boost revenues
Federal Finance Minister Senator Muhammad Aurangzeb reiterated the government’s dedication to reducing expenditures and boosting revenues in a bid to fortify Pakistan’s economy sustainably.
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Pakistan receives final installment of IMF’s $3 billion SBA
Pakistan has received the final tranche of $1.1 billion from the International Monetary Fund (IMF) as part of its $3 billion Stand-By Arrangement (SBA), the State Bank of Pakistan (SBP) announced on Tuesday.
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IMF mission holds crucial talks with FinMin Aurangzeb on $3 billion SBA
In a pivotal meeting held on Thursday, Pakistan’s Finance Minister, Muhammad Aurangzeb, engaged in discussions regarding structural reforms and the viability of the energy sector with the visiting International Monetary Fund (IMF) mission.
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Pakistan clears hurdles for IMF review, final agreement expected
The newly elected government of Pakistan has indicated its intention to secure a new loan from the International Monetary Fund (IMF).
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Pakistan may enter fresh IMF loan programme, stricter conditions expected
In the wake of the completion of its current loan programme, Pakistan is poised to sign a new loan agreement with the International Monetary Fund (IMF), reports indicate.
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Pakistan faces worsening financial woes as state-owned enterprises suffer losses
Interim Prime Minister (PM) Anwaar-ul-Haq Kakar conveyed on Wednesday that Pakistan is grappling with financial challenges, exacerbated by the continuous losses incurred by state-owned enterprises (SOEs).
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Pakistan expected to secure second IMF tranche despite missed deadlines
Pakistan is poised to secure the next installment of its $3 billion stand-by arrangement (SBA) with the International Monetary Fund (IMF), despite potential delays in meeting certain deadlines, as indicated in a recent brokerage report.