Tag: economic reforms
-
Finance Minister Aurangzeb promises economic reforms in meeting with ADB
Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has reaffirmed the government’s commitment to implementing its reform agenda and meeting structural benchmarks to lend permanence to macroeconomic stability, promote inclusive, sustainable growth and end Pakistan’s reliance on external borrowing.
-
PM Shehbaz hails Moody’s rating upgrade amid cooling inflation
Prime Minister Shehbaz Sharif on Sunday expressed his satisfaction with the recent ease in the inflation rate, noting that the government’s ongoing economic reforms are yielding positive results.
-
IMF wants FBR to bring over 20 million Pakistanis into tax net in five years
To broaden the tax base, the Federal Board of Revenue (FBR) has outlined its five-year objectives to the International Monetary Fund (IMF), sources reveal.
-
Reducing financial burden on low-income groups remains top priority for govt: Aurangzeb
Finance Minister Muhammad Aurangzeb said Sunday that the government is taking robust measures to improve the country’s economy. Addressing a press conference in Islamabad, he said reforms are being done in the Federal Board of Revenue (FBR) to increase revenue collection. He said weekly meetings are being held under the chair of Prime Minister Shehbaz…
-
IMF deal to improve Pakistan’s financial outlook, but continuous reforms are essential: Moody’s
Moody’s Investors Service has stated that Pakistan’s recent staff-level agreement with the International Monetary Fund (IMF) enhances the nation’s funding prospects.
-
Pakistan to retain stake in PIA amid privatisation efforts
Pakistan intends to retain a stake in the state-owned Pakistan International Airlines (PIA) to capitalise on its potential value increase following the airline’s sale, according to a report by Bloomberg.
-
Pakistan’s ambitious FY25 Budget could secure IMF deal, says Fitch
On Tuesday, Fitch Ratings characterised Pakistan’s budget for the fiscal year 2024-25 as “ambitious,” noting that it enhances the likelihood of securing a deal with the International Monetary Fund (IMF).
-
Pakistan gears up for crucial IMF talks on $3 billion SBA programme
Pakistan is set to commence vital discussions with the International Monetary Fund (IMF) concerning the completion of the second review under the $3 billion Standby Arrangement (SBA) programme.
-
Oil prices drop again on concerns over China’s economic changes
In the wake of growing apprehensions over reduced oil consumption in China, a key player in the global oil market, oil prices witnessed a consecutive decline for the second day.
-
IMF greenlights $700 million for Pakistan’s economic stabilisation programme
In a significant development, the International Monetary Fund (IMF) successfully concluded its first review of Pakistan’s economic reform programme on Thursday.