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IMF asks provinces for exact timelines for curtailing funds on HEC and BISP
Amid concerns raised over failure of the federating units, especially Punjab, to generate the desired revenue surplus, the International Monetary...
SBP reserves reaches US$15.96 billion
Pakistan’s overall foreign exchange reserves were recorded at US$15.96 billion during the week ended on November 8. Pakistan’s reserves held...
Petrol prices likely to rise up to Rs5.50 per litre
The price of petroleum products is expected to increase by Rs5.50, sources within the oil marketing companies (OMCs) said on...
IMF urges Pakistan cut expenditures or unveil mini-budget
Minister for Finance Mohammad Aurangzeb has initiated discussions with the International Monetary Fund (IMF), which is urging Pakistan to enhance...
IMF delegation arrives Pakistan for loan talks
An International Monetary Fund (IMF) delegation has arrived in Pakistan for loan talks. According to sources within the Ministry of...
Finance Minister underscores ‘credibility gap’ affecting relations with IMF
Finance Minister Muhammad Aurangzeb has lamented an existing credibility gap with the International Monetary Fund (IMF) affecting Islamabad's relations with...
Govt announce Rs26 per unit relief in “Bijli Sahulat Package” for 3 months
In an effort to manage seasonal electricity demand and stimulate economic growth, the government on Friday announced the "Bijli Sahulat...
Overseas Pakistani group offers Rs 1.25trillion for PIA shares
An overseas Pakistani group, Al-Nahang, has made an offer of over Rs 1.25 trillion for the privatization of Pakistan International...
Pakistan eyes ‘Single B’ credit rating this fiscal year
Vowing to secure a 'Single B' credit rating this fiscal year, Pakistan's Finance Minister Muhammad Aurangzeb warned on Wednesday that...
Govt working on uniform gas pricing system for all consumer categories
The government is working to implement a uniform gas pricing system for all consumer categories, with a final decision expected...
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