talks
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No mini-budget on cards, says FinMin Aurangzeb after IMF talks conclude
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Finance Minister Muhammad Aurangzeb speaks during an interview at his office in Islamabad on July 19, 2024. — Reuters ISLAMABAD: Federal Finance Minister Muhammad Aurangzeb has categorically ruled out the possibility of the government introducing a mini-budget after constructive talks…
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‘Status quo can’t be maintained’: Energy minister confirms talks with IPPs to reduce power rates
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A worker of Peshawar Electric Supply Company (PESCO) climbs up a high-voltage pylon in Peshawar, August 7, 2017. — Reuters Confirming the coalition government’s efforts to renegotiate contracts with independent power producers (IPPs) to reduce “unsustainable” electricity tariffs, Energy Minister…
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Pakistan-Saudi Arabia talks on Reko Diq mining project near completion: Petroleum minister | The Express Tribune
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Pakistan is nearing the conclusion of negotiations with Saudi Arabia on the massive Reko Diq copper-gold mining project, one of the world’s largest untapped resources, according to Petroleum Minister Dr Musadik Malik. In a statement made on Wednesday, Dr Malik…
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Modest CPI, IMF talks propel PSX higher | The Express Tribune
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KARACHI: Pakistan Stock Exchange (PSX) concluded the first day of the new fiscal year on a promising note with gains of nearly 380 points, influenced by economic developments and sector-specific news. In the morning, trading remained lacklustre, when the KSE-100…
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‘Significant progress’ achieved in Pakistan loan talks: IMF
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The International Monetary Fund’s (IMF) building in Washington, United States. — AFP/File In its talks held between May 13 to 23 with the Pakistan, the International Monetary Fund (IMF) Thursday said “significant progress” has been achieved with regards to reaching…
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IMF mission chief to lead bailout talks with Pakistan next week
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IMF’s Resident Representative for Pakistan Esther Perez Ruiz. — Reporter ISLAMABAD: A senior official of the International Monetary Fund’s (IMF) Sunday confirmed that a team of the Washington-based lender will reach Pakistan next week to hold talks with Islamabad over bailout…
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PSO ‘in talks’ with govt to acquire stakes in public sector energy companies
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A man drinks water from a cooler at a Pakistan State Oil petrol station in Peshawar, on October 2, 2017. —Reuters KARACHI: The Pakistan State Oil (PSO), the country’s largest oil marketer, says it is in talks with the government…
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FinMin Aurangzeb fills in PM Shehbaz on state of economy ahead of IMF talks
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Finance Minister Muhammad Aurangzeb (left) meets Prime Minister Shehbaz Sharif on April 12, 2024. — APP Finance Minister Muhammad Aurangzeb on Friday met Prime Minister Shehbaz Sharif and briefed him about his scheduled meetings with the officials of the International…
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Pakistan in talks with IMF for potential follow-up bailout package, says Georgieva
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IMF Managing Director Kristalina Georgieva speaking at the International Monetary Fund headquarters on October 8, 2019, in Washington, DC. — AFP International Monetary Fund (IMF) chief Kristalina Georgieva has confirmed that Pakistan is seeking a potential fresh bailout package following…
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Islamabad, Kabul to kick off trade talks today
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Goods carrier trucks cross into Pakistan at the zero point Torkham border crossing between Afghanistan and Pakistan. — AFP/File ISLAMABAD: A senior Pakistani official will undertake a two-day official visit to Afghanistan on Monday (today) to discuss matters related to…
