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Finance Minister asserts strict measures to increase tax revenue

ISLAMABAD: Finance Minister Muhammad Aurangzeb has asserted that the government is ready to take strict measures to increase tax collection. Addressing a news conference in...

‘No mini-budget is being introduced’

ISLAMABAD: Pakistan and the International Monetary Fund (IMF) have made ‘significant’ progress in their negotiations as no mini-budget would be introduced by the federal...

Pakistan receives first tranche of IMF loan

KARACHI: Pakistan has received the first tranche of the International Monetary Fund’s (IMF) following the approval of the IMF Executive Board of a 37-month...

IMF board likely to approve $7b bailout for Pakistan in August

ISLAMABAD: The International Monetary Fund (IMF) Executive Board likely to approve a $7 billion bailout package for Pakistan in August, ARY News reported citing...

Pakistan presents plan to IMF to cut spending

ISLAMABAD: Pakistan has tabled its plan to International Monetary Fund (IMF) to reduce government expenditures by Rs300 billion in a year, which also includes...

Pakistan committed for reform agenda, FinMin tells IMF

KARACHI: Finance Minister Muhammad Aurangzeb on Monday told the International Monetary Funds (IMF) delegation that Pakistan is committed to continuing the reform agenda, demonstrating...

SBP confirms receiving $1.1bn tranche from IMF

KARACHI: Pakistan on Tuesday received the much-awaited $1.1 billion final tranche from the International Monetary Fund (IMF) as part of the $3 billion standby...

US Ambassador expresses optimism on Pakistan-IMF talks

ISLAMABAD: United States (US) Ambassador Donald Blome on Wednesday expressed optimism regarding ongoing talks between Pakistan government and International Monetary Fund (IMF), saying that...

Pakistan aims to agree outline of new IMF loan in May: FinMin Aurangzeb

WASHINGTON: Pakistan hopes to agree the contours of a new International Monetary Fund (IMF) loan in May, Finance Minister Muhammad Aurangzeb told Reuters. According to...

‘Pakistan committed to enter into extended programme with IMF’

ISLAMABAD: Minister for Finance Muhammad Aurangzeb on Wednesday said that Pakistan was committed to enter into a larger and extended programme with the International...

Finance Minister Aurangzeb stresses need for new IMF programme

KARACHI: Federal Minister for Finance and Revenue Muhammad Aurangzeb on Friday stressed the need for a new International Monetary Fund (IMF) programme, hoping for...

Pakistan begins scrutiny of high-ranking officers’ assets

ISLAMABAD: Pakistan's intelligence agency has begun acquiring details of the government officials' assets along with information regarding their relatives to meet an International Monetary...

Pakistan satisfies IMF mission for $1.1bn disbursement under SBA

Pakistan is set to get the last tranche of the $3 billion standby arrangement after the country's officials satisfied the International Monetary Fund (IMF)...

Pakistan optimistic about positive outcome of IMF review

ISLAMABAD: The Ministry of Finance remains hopeful for a positive outcome of talks between Pakistan government and International Monetary Fund (IMF) regarding final review...

PTI’s letter to IMF won’t harm Pakistan’s interest: Ali Muhammad  

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader Ali Muhammad Khan on Wednesday clarified that a letter written to International Monetary Fund (IMF) by party founder Imran...

PTI urges IMF to consider Pakistan’s instability in talks: sources

ISLAMABAD: Imran Khan-founded Pakistan Tehreek-e-Insaf (PTI) has asked the International Monetary Fund (IMF) to factor in the country's political stability in any further bailout...

Pakistan to seek loan package plus climate finance from IMF

ISLAMABAD: Pakistan will seek a loan package from the International Monetary Fund (IMF) plus 1.5 billion dollars climate finance, citing sources ARY News reported...

Pakistan expects raising $4.5bln this year: finance minister

ISLAMABAD: Caretaker Minister for Finance Dr Shamshad Akhtar said that Pakistan anticipates raising approximately $4.5 billion from multilateral and bilateral sources, excluding the International...

Pakistan to cut down development funds on IMF demand

ISLAMABAD: The federal government has decided to cut down country’s development funds on demand of the International Monetary Fund (IMF) to ensure successful completion...

Pakistan prepares to impose tax on ‘extraordinary profits’ of banks

ISLAMABAD: The federal government is preparing to impose tax on ‘extraordinary profits’ of commercial banks in an effort to enhance ‘tax recovery’ as Pakistan...
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