conditions
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PSX gains momentum amid positive macroeconomic conditions
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Broker busy in trading at Pakistan Stock Exchange (PSX) in Karachi on Thursday, December 5, 2024. — PPI The stock market launched the week with a robust surge, propelled by revitalised investor confidence and a bullish macroeconomic environment. Key drivers…
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IMF engagement boosts Pakistan’s macroeconomic conditions: SBP
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A brass plaque of the State Bank of Pakistan is seen outside of its wall in Karachi, Pakistan December 5, 2018. — Reuters Pakistan’s macroeconomic conditions saw improvement in the fiscal year 2023-24, driven by several factors, including effective collaboration…
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IMF board to review Pakistan’s $7b loan on September 25 after key conditions met | The Express Tribune
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ISLAMABAD: The International Monetary Fund (IMF) has confirmed that its Executive Board will meet on September 25 to discuss the approval of Pakistan’s $7 billion Extended Fund Facility (EFF). The loan is crucial for stabilising Pakistan’s economy, which has been…
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PIA blamed for violation of loan conditions | The Express Tribune
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ISLAMABAD: Pakistan’s economic managers have voiced concern over alleged violation of the terms of a loan acquired by Pakistan International Airlines (PIA) to address the financial challenges faced by Roosevelt Hotel, New York, which is owned by the airline. Sources…
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PPP made privy to harsh IMF conditions | The Express Tribune
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As the size of the new budget is likely to soar by 30% to a record Rs18.9 trillion due to additional expenditure demands, the PML-N government on Wednesday took its main ally—the PPP—into confidence about the harsh conditions set out…
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IMF sets conditions for power bill relief | The Express Tribune
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ISLAMABAD: The International Monetary Fund (IMF) has urged the caretaker government to improve its power generation system in order to provide relief to Pakistani consumers, while demanding that the government withdraw the subsidy it is providing on gas being supplied…
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Petrol, diesel prices increased massively due to ‘IMF conditions’
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An employee of a gas station fills the tank of a motorbike in Karachi, on July 16, 2021. — AFP The federal government has decided to increase the price of petroleum products in Pakistan by Rs19.95 per litre for the…
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Conditions for $10b refinery project met | The Express Tribune
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ISLAMABAD: Pakistan has taken a significant step towards commencing the construction of the $10 billion refinery in Balochistan by reaching an agreement with a Chinese company on Thursday, granting it the construction rights for the project. The Pakistan State Oil…
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IMF spells out stringent conditions for $3b breather | The Express Tribune
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ISLAMABAD: The International Monetary Fund (IMF) has slapped a stringent condition on Pakistan to stop its intervention in the exchange rate market and also said that the risks to the new $3 billion programme implementation were “exceptionally high”. The global…
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Crucial $3b IMF lifeline comes with tough conditions | The Express Tribune
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LAHORE: Pakistan secured a badly-needed $3 billion short-term financial package from the International Monetary Fund on Friday, giving the economy a much-awaited respite as it teeters on the brink of default. The IMF said it had reached an agreement on…
