International Monetary Fund

Hunger levels in Pakistan will further rise in the coming months. As the Shehbaz Sharif government thrashed out a harsh diktat–raising fuel prices to meet the International Monetary Fund’s (IMF) …

After Sri Lanka, will Pakistan be the second South Asian nation to participate in the debt restructuring exercise? Amid deepening economic crisis and a stalemate in talks with the International …

With foreign exchange reserves dropping to $3.08 billion, Pakistan has no other option but to accept the International Monetary Fund’s (IMF) stringent riders for resumption of the loan package under …

India remains a bright spot with the country’s growth in 2023 pegged at 6.1% while the global growth rate is expected to slow to 2.9%, according to the IMF’s latest …

A petrol station in Lahore has been set on fire as hike in fuel prices takes its toll on common people of Pakistan. On Sunday, Pakistan raised fuel and gas …

As Pakistan is currently staring at one of the worst economic crises in its history, the country’s Finance Minister Ishaq Dar will have to shoulder much of the blame for …

Pakistan’s economy is now being run almost entirely by borrowed money. Even as last week Pakistan managed to secure fresh financial assistance of about $4 billion from Saudi Arabia and …

The news that Saudi Arabia is ready to provide assistance to cash starved Pakistan has made headlines. But policymakers’ worries continue as the timing of the assistance to the South …

Is Pakistan going the Sri Lanka way? Pakistan is staring at bankruptcy even as it managed to repay about $1 billion to two foreign commercial banks on Saturday. In the …

Pakistan, which will have to make a repayment of $1 billion by next week to avoid a default, is desperately hoping to get $3 billion from Saudi Arabia amid uncertainty …

After severely criticising the International Monetary Fund (IMF) for setting stringent riders for the $7 billion loan package under the Extended Fund Facility (EFF) programme, Pakistan’s Finance Minister Ishaq Dar …

Pakistan’s foreign exchange reserves held by its central bank has fallen by $294 million in a week to $5.821 billion – just enough to cover imports for a little more …

Pakistan will step into the new year with uncertainty. Come January, Islamabad will be required to make repayments of $1 billion to two commercial banks in the Gulf. In the …

Pakistan’s economic crisis is deepening amid rising political and security uncertainty. Though the country managed to avert a default earlier this month, the challenges on the economic front are multiplying …

Pakistan’s political uncertainty has had an impact on the inflow of foreign direct investments (FDI). In November, Pakistan’s net FDI inflow stood at $81.8 million — a drop of 48 …

Pakistan’s foreign exchange reserves at $6.72 billion – lowest in almost four years — mostly comprises borrowed money from other countries and multilateral agencies. Its own reserves are perilously close …

India’s growth rate Is expected to clock between 6.5 per cent and 7.1 per cent during the current financial year 2022-23, Deloitte said, adding that rising inflation and an anticipated …

Pakistan’s Finance Minister Ishaq Dar finds himself in a bind. Dar, a close aide of PML-N supremo, was reappointed Finance Minister, promised to bring down prices and reduce taxes. But …