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IMF ‘objects’ to sugar import subsidy

ISLAMABAD: The International Monetary Fund (IMF) has expressed reservations over Pakistan's decision to offer tax exemptions and subsidies on imported sugar, warning that such...

IMF highlights Pakistan’s strong economic reform progress

ISLAMABAD: The International Monetary Fund’s (IMF) Resident Representative for Pakistan, Mahir Binici, stated that Pakistan’s performance under the IMF’s Extended Fund Facility (EFF) has...

Pakistan’s state-owned enterprises incur Rs5.89tr in losses: report

ISLAMABAD: A recent report revealed staggering financial losses across Pakistan’s government institutions, with the cumulative deficit of over 15 state-owned enterprises exceeding Rs. 5,900...

Govt accepts IMF demand to public officers’ asset declaration

ISLAMABAD: The federal government has fulfilled another condition set by the International Monetary Fund (IMF), making it mandatory for all government officers in Grade...

Pakistan imposes climate support levy on petroleum products

Pakistan has imposed a climate support levy on petroleum products on the International Monetary Fund's (IMF) demand, ARY News reported on Tuesday. As per details,...

China rolls over $3.4 billion loans to Pakistan, say sources

KARACHI: China has rolled over $3.4 billion in loans to Pakistan, two senior Pakistani government officials told Reuters on Sunday, in a move that...

IMF ‘agrees’ to income tax relief for salaried class in budget 2025-26

In a major development during ongoing budget negotiations between Pakistan and the International Monetary Fund (IMF), the Fund has agreed to provide income tax...

IMF ‘asks’ Pakistan to impose carbon levy on petrol, diesel

ISLAMABAD: Petrol and diesel are likely to get more costlier in the upcoming budget 2025-26 as the International Monetary Fund (IMF) has 'asked' Pakistan...

Confessions of an Economic Hitman by John Perkins: A Summary

Confessions of an Economic Hitman by John Perkins is a gripping exposé of global economic manipulation, detailing how powerful nations and corporations exploit developing...

IMF ‘raises’ objections to Pakistan’s 2,000mw allocation for crypto mining

ISLAMABAD: The International Monetary Fund (IMF) has raised concerns over Pakistan’s plan to allocate 2,000 megawatts (MW) of electricity for cryptocurrency mining, ARY News...

Pakistan pushes for tax relief to salaried class in IMF budget talks

ISLAMABAD: Pakistan is in talks with the International Monetary Fund (IMF) to address concerns over imposing income tax on the salaried class while meeting...

IMF-Pakistan budget talks inconclusive over power subsidy disagreement

ISLAMABAD: The budget talks between Pakistan and the International Monetary Fund (IMF) for fiscal year 2025–26 remained inconclusive on Saturday, primarily due to disagreements...

IMF to continue budget talks with Pakistan as staff visit concludes

ISLAMABAD: The International Monetary Fund (IMF) said it would continue budget talks with Pakistan as its mission, led by Nathan Porter, has concluded its...

President Zardari lauds IMF’s role in Pakistan’s economic stability

ISLAMABAD: President Asif Ali Zardari on Friday said that the IMF program had played a supportive role in stabilizing Pakistan’s economy and would also...

IMF dismisses misconceptions on Pakistan loan following Indian journalist’s query

WASHINGTON: International Monetary Fund (IMF) Director of Communications, Julie Kozack, firmly responded to an Indian journalist's provocative question regarding funding for Pakistan during the...

IMF ‘urges’ Pakistan to expedite privatization of state enterprises

ISLAMABAD: The International Monetary Fund (IMF) pressed Pakistan to expedite the privatization of state-owned enterprises as part of ongoing budget negotiations for the 2025-26...

FBR ‘requests’ IMF to reduce tax collection target for FY2025-26

Prime Minister (PM) Shehbaz Sharif is making efforts to convince the International Monetary Fund (IMF) to allow a reduction in the Federal Board of...

Budget 2025: IMF suggests tax reforms, green projects funding

Pakistan and the International Monetary Fund (IMF) have begun key discussions ahead of the next fiscal year’s federal budget, with a focus on revenue...

Pakistan seeks $1 billion commercial loan from UAE banks

ISLAMABAD: Pakistan has approached three banks in the United Arab Emirates (UAE) for a $1 billion commercial loan to meet a key condition set...

IMF, Pakistan set key targets for budget 2025-26

ISLAMABAD: Pakistan’s federal budget 2025-26 is estimated to surpass PKR 17.6 trillion, with the Federal Board of Revenue (FBR) tasked with collecting PKR 14,307...
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