Tag: standby agreement
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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 expected to increase petroleum levy to get IMF loan
Pakistan has reportedly provided assurances to the International Monetary Fund (IMF) regarding an augmentation of the petroleum levy in the fiscal year 2024–25, aligning with its intentions to embark on a new loan programme.
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IMF proposes solutions for streamlining Pakistan’s budget through digitisation
The Caretaker Minister for Finance recently presided over the inaugural meeting with the International Monetary Fund (IMF) Technical Assistance Mission, focusing on the digitisation of the budgetary process.
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IMF pressures Pakistan for tax reforms, calls for intensified recovery efforts
The International Monetary Fund (IMF) is urging Pakistan to intensify efforts towards tax recovery.
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Winter chills and rising bills: Govt may hike gas tariff by up to 200%
The interim government is in the process of preparing a significant gas tariff increase proposal, set to be presented to the Economic Coordination Committee (ECC) tomorrow.
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Pakistan Stock Exchange surpasses 49,000 points, reaches new high since 2017
The Pakistan Stock Exchange (PSX) witnessed a remarkable surge on Thursday as it extended its bullish momentum, crossing the 49,000 level and reaching its highest point in six years. This impressive rally was fueled by positive economic data and a series of favourable factors contributing to investor confidence.
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Pakistan Stock Exchange surpasses 46,000 mark for the first time in 15 months
The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index experienced significant gains on Friday, rising by over 500 points and closing just below the 46,000 mark. The index reached 46,073.61 points at 3:47 pm, showing a notable increase of 675.30 points from the previous day’s closing of 45,398.31. However, by the end of the day, it…