Pakistan

  • Pakistan keen to cut a โ€˜newโ€™ IMF deal | The Express Tribune

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    [ad_1] ISLAMABAD: Amid a stalemate on securing a bailout from the International Monetary Fund (IMF), Prime Minister Shehbaz Sharif has informed fundโ€™s Managing Director Kristalina Georgieva about Pakistanโ€™s intention to secure a new bailout. Moreover, Minister of State for Finance and Revenue Dr Aisha Ghaus Pasha on Wednesday criticised IMF mission chief Nathan Porterโ€™s comment…

  • International financial institutions monitoring Pakistan politics: Dar

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    [ad_1] Finance Minister Ishaq Dar addressing a seminar. โ€” APP/File Finance Minister Senator Ishaq Dar called for making an “example” out of those who were involved in the May 9 attacks as Pakistani politics is being monitored by international financial institutions. โ€œExample should be made so incidents like May 9 do not happen again,โ€ said…

  • Following two-day decline, gold rate up again in Pakistan

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    [ad_1] An undated image of a jewellery shop displaying gold jewellery. โ€” AFP/File After falling by Rs1,700 for the last two days, the rate of gold rose again in Pakistan on Wednesday. The price of gold (24 carats) increased by Rs1,600 per tola and Rs1,372 per 10 grams to reach Rs234,400 and Rs200,960, respectively, according…

  • Pakistan to overcome economic crisis soon: Ishaq Dar

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    [ad_1] Finance Minister Ishaq Dar holds the meeting with delegations from Lahore and Faisalabad Chambers of Commerce at FBR headquarters on May 30, 2023. โ€” PID Finance Minister Ishaq Dar has expressed confidence that Pakistan will come out of the current economic crisis soon with collective efforts. The finance czar made the remarks while talking…

  • IMF ‘engaged’ with Pakistan for board meeting as programme expiry nears

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    [ad_1] The International Monetary Fund (IMF) logo is displayed outside its headquarters in Washington, DC, on October 8, 2022. โ€” AFP Rebutting claims that Pakistan and the International Monetary Fund (IMF) have reached a deadlock, the lender clarified that it is in touch with Islamabad to pave the way for a board meeting before the…

  • Will mobile prices drop in Pakistan?

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    [ad_1] A representational image of mobile phones. โ€” Canvaย  ISLAMABAD: As the mobile industry reels from the impact of the economic crunch triggered by high taxes and restrictions on imports, the government has decided to consider budget proposals submitted by mobile phone traders. According to a report published in The News, the Federal Board of…

  • ‘Economist Atif Mian oblivious to unprecedented political challenges of Pakistan’

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    [ad_1] Economist Atif Mian and Finance Minister Ishaq Dar. โ€” Corporate Finance Institute website/APP/Files Following economist Atif Mian’s take on Pakistan’s economy, the finance ministry has claimedย that the Princeton University professor was “oblivious to unprecedented political challenges faced by the country”.ย  “We are not living in calm and serene times. The present situation has major…

  • Russian oil: Will petrol price in Pakistan drop by Rs100 after import?

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    [ad_1] A person fills their car’s tank at a fuel station in this undated file image. โ€” AFP After months of hype, Pakistan may finally receive its first shipment of imported Russian oil later this month. But the majority of Pakistanis have one question, will the purportedly cheaper Russian oil reduce the fuel price in…

  • In a first, air taxi to operate in Pakistan

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    [ad_1] KARACHI: Pakistan will soon start operating its first-everย online aerial taxi service, providing people with an innovative and fast means of transportation within the country.ย  Private companyย Sky Wingsย โ€” in collaboration with a foreign investor โ€” has launched this modern facility in Karachi and will be available to individuals in the next two weeks.ย  In this…

  • Gold rate sees minor decline in Pakistan as international price drops

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    [ad_1] Gold bars are seen in this undated file photo. โ€” AFP The domestic gold price fell Friday after a decline in the international market as optimism rose about a US debt limit deal that would prevent one of the world’s largest economies from defaulting. According to the All Pakistan Sarafa Gems and Jewellers Association…


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