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Pakistan meets IMF benchmarks for next $1.2 billion loan tranche: officials

Pakistan has committed to limiting the circular debt to PKR 2.31 trillion, the June 2023 level, by the end of this fiscal year.

25 Feb 2024 2:51 PM GMT

Pakistan and UAE expand economic cooperation with $20-25 billion...

28 Nov 2023 3:41 PM GMT

World Bank warns Pakistan as nearly 100 million people fall into poverty

The World Bank's lead country economist for Pakistan emphasised that the country's economic model is no longer effective...

23 Sep 2023 11:24 AM GMT

Nawaz Sharif criticises Pakistan's economic situation, points to India's progress

In July, Pakistan received a $1.2 billion transfer from the IMF as part of a $3 billion bailout program aimed at...

19 Sep 2023 1:49 PM GMT

Pakistan is to engage foreign operators to run major airports

Pakistan is to engage foreign operators to run major airports

The cash-strapped nation is bolstered by an IMF loan, which is not adequate enough to kick start the economy

17 July 2023 4:26 AM GMT

Pak defence minister

Pakistan is bankrupt, IMF is not the solution: defence minister

"Standing on one’s own feet was essential to become a stable country."

19 Feb 2023 12:13 PM GMT

Pakistan economic crisis

Unemployment fears increase in Pakistan over blocked imports

Smaller factories have already exhausted stocks and larger plants are days from closing.

13 Feb 2023 5:41 PM GMT

IMFs conditions for Pakistan beyond imagination, says PM Sharif

IMF's conditions for Pakistan "beyond imagination", says PM Sharif

A delegation from the IMF landed in Pakistan on Tuesday.

3 Feb 2023 9:40 AM GMT

Power outages will disrupt internet and mobile services: warns Pak govt

Power outages will disrupt internet and mobile services: warns Pak govt

Geo News reported the Prime Minister Shehbaz Sharif as saying that Pakistan failed to procure liquefied natural gas...

1 July 2022 10:09 AM GMT