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International Monetary Fund

  • World

    IMF rejects Pakistan’s proposed sales tax exemption on electric vehicles

    by ANI February 27, 2025
    by ANI February 27, 2025

    The International Monetary Fund (IMF) has rejected Pakistan’s proposed sales tax exemption on electric vehicles (EVs), stressing that the tax rates should remain in line with standard policies, The Express …

  • Economy

    Pakistan keen to follow Air India privatisation model for its bleeding national carrier

    by Mahua Venkatesh October 29, 2023
    by Mahua Venkatesh October 29, 2023

    The next government in Islamabad will have to take a decisive call on the fate of Pakistan International Airlines (PIA)—the country’s beleaguered national carrier. Flight cancellations and delays are now …

  • Economy

    Will the experienced Nawaz Sharif be able to anchor Pakistan’s shipwrecked economy?

    by Mahua Venkatesh October 22, 2023
    by Mahua Venkatesh October 22, 2023

    Economic recovery will be Pakistan’s former Prime Minister Nawaz Sharif’s biggest test as he sets the ground for the upcoming general elections. At a rally in Lahore, which he addressed …

  • Economy

    Will IMF fund Sri Lanka after China’s opaque debt-restructuring deal with Colombo?

    by Mahua Venkatesh October 12, 2023
    by Mahua Venkatesh October 12, 2023

    After much ado, China and Sri Lanka have finally reached an agreement towards debt restructuring of about $4.2 billion. While debt restructuring exercise has been a pre-condition, set by the …

  • Economy

    Can Nawaz Sharif’s return turn around Pakistan’s free-fall economy?

    by Mahua Venkatesh October 3, 2023
    by Mahua Venkatesh October 3, 2023

    Pakistan, with an inflation rate of 31.4 per cent year-on-year in September, is among the worst affected countries battling surging prices. In August, Pakistan’s inflation rate was 27.4 per cent. …

  • Economy

    Pakistan staring at a grim future with more and more people falling below poverty line

    by Mahua Venkatesh September 24, 2023
    by Mahua Venkatesh September 24, 2023

    About 40 per cent of Pakistan’s population now live below the poverty line, a recent World Bank report has revealed, barely a few days after the International Labour Organisation (ILO) …

  • Economy

    Will World Bank’s Ajay Banga set the tone for a go-green global financial architecture?

    by Mahua Venkatesh September 11, 2023
    by Mahua Venkatesh September 11, 2023

    With the World Bank now kicking off the much needed reform agenda, other multilateral agencies could start the process as well. Reforms of multilateral lenders have been pending for long. …

  • Economy

    Pakistan stares at the abyss as IMF conditionalities bite, social unrest also begins to simmer

    by Mahua Venkatesh September 1, 2023
    by Mahua Venkatesh September 1, 2023

    Pakistan’s political turmoil with a likely delay in general elections has once again led to deepening economic crisis with the (Pakistani) rupee taking a beating. Since August 14, when the …

  • World

    Amid uncertainty and multiple challenges, Pakistan to celebrate its Independence Day tomorrow

    by Mahua Venkatesh August 13, 2023
    by Mahua Venkatesh August 13, 2023

    As Pakistan gets set to celebrate its Independence Day tomorrow, there is little cheer for its common citizens, especially the youth who are desperately looking to relocate to other countries …

  • Economy

    Morgan Stanley upgrades India rating, cuts China’s

    by IN Bureau August 3, 2023
    by IN Bureau August 3, 2023

    Global brokerage firm Morgan Stanley has upgraded India to ‘Overweight’ rating saying the country’s reform and macro-stability agenda supports a strong capital investment and profit outlook. At the same time …

  • Economy

    Pakistan’s high power tariffs may shut down businesses as IMF conditions bite

    by Mahua Venkatesh July 19, 2023
    by Mahua Venkatesh July 19, 2023

    Pakistan’s businesses, especially the small and medium enterprises, have been hit hard once again as the Shehbaz Sharif government raised power tariff even as headline inflation continues to remain at …

  • Economy

    Pakistan may avert a default with IMF loan, but what’s next for Islamabad?

    by Mahua Venkatesh July 6, 2023
    by Mahua Venkatesh July 6, 2023

    As Pakistan’s initial euphoria following the International Monetary Fund’s (IMF) approval of the much needed loan programme settles, worries are once again building up. Even as the IMF gave its …

  • Economy

    For bearish Pakistani exporters, IMF deal is no silver bullet

    by Mahua Venkatesh July 4, 2023
    by Mahua Venkatesh July 4, 2023

    Pakistan, which is in the midst of an economic crisis, has recorded a 12.7 per cent decline in exports for the July to June period—country’s financial year. During this period, …

  • Economy

    Pakistan gets IMF breather, but economic crisis is here to stay

    by Mahua Venkatesh June 30, 2023
    by Mahua Venkatesh June 30, 2023

    Finally, Pakistan has something to cheer about as it managed to clinch the much-needed bailout package of $3 billion supported by a Stand By Arrangement (SBA) from the International Monetary …

  • Economy

    Pakistan set to lose its youth dividend amid economic meltdown

    by Mahua Venkatesh June 29, 2023
    by Mahua Venkatesh June 29, 2023

    The economic and political uncertainty in Pakistan has affected its youth the most. Though about 60 per cent of the country’s population is aged between 15 and 30, there is …

  • Economy

    What’s in store for Pakistan as IMF talks go to the wire?

    by Mahua Venkatesh June 27, 2023
    by Mahua Venkatesh June 27, 2023

    Will the International Monetary Fund (IMF) revive the much needed $6.5 billion financial assistance package for cash starved Pakistan? After back-to-back talks with IMF Managing Director Kristalina Georgieva on the …

  • World

    Will Shehbaz Sharif achieve an IMF breakthrough in Paris to rescue Pakistan’s sinking economy?

    by Rahul Kumar June 21, 2023
    by Rahul Kumar June 21, 2023

    Pakistani Prime Minister Shehbaz Sharif left for Paris, France, on Wednesday afternoon with a request to meet International Monetary Fund (IMF) managing director Kristalina Georgieva to persuade her to release …

  • Economy

    Pakistani business house calls for reviving trade with India to bail out ailing economy

    by Mahua Venkatesh June 14, 2023
    by Mahua Venkatesh June 14, 2023

    Pakistan, to fix its economy, must reset it ties with India at the earliest: this is what one of the most prominent business tycoons of the cash starved nation has …

  • Economy

    Pakistan turns to China, other countries for help as it loses hope of getting IMF loan

    by Mahua Venkatesh June 13, 2023
    by Mahua Venkatesh June 13, 2023

    Pakistan’s hopes of reviving the $6.5 billion financial assistance package from the International Monetary Fund (IMF) are rapidly diminishing. Islamabad has now once again reached out to its “iron brother” …

  • Economy

    Is Finance Minister Ishaq Dar the mascot of Pakistan’s crippled economy?

    by Mahua Venkatesh June 2, 2023
    by Mahua Venkatesh June 2, 2023

    Pakistan’s Finance Minister Ishaq Dar will have to take much of the blame for the country’s deepening economic crisis. The fourth finance minister to assume office in three years, Dar …

  • Economy

    Trust deficit between Pakistan govt and industry captains widens ahead of budget

    by Mahua Venkatesh May 26, 2023
    by Mahua Venkatesh May 26, 2023

    Trust deficit between the Shehbaz Sharif government and Pakistan’s business community is widening. For cash starved Pakistan, which is expecting to clock a GDP growth rate of a mere 0.29 …

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