Pakistan likely to receive over $1.2 billion under ongoing loan programme from IMF: Report
A staff-level agreement between the IMF and Pakistan was reached on March 27. This further paved the way for the board’s final approval.
A staff-level agreement between the IMF and Pakistan was reached on March 27. This further paved the way for the board’s final approval.
Pakistan will soon hold discussions with the International Monetary Fund (IMF) to finalise the overall framework of the 2026-27 budget.
Saudi Arabia completes its $3 billion support to Pakistan, offering short-term relief as debt repayments, IMF conditions, and global pressures continue to test the country’s fragile economy.
A UN report flags India as the region’s strongest growth engine, backed by domestic demand and services, even as global energy disruptions and trade pressures weigh on Asia Pacific economies.
The killing of Iran's Supreme Leader Khamenei in US-Israeli strikes is particularly unsettling for Iran's neighbours such as Pakistan, which will be adversely impacted on the economic front, according to an article in China Daily.com.
Pakistan's apparent economic recovery, often highlighted by government officials and market analysts, conceals a far grimmer reality for millions of its citizens.
Escalating tensions with India could pose a significant threat to Pakistan's already strained economy. Comparatively, the macro-economic conditions in India would be stable with no expected disruptions to its economic activity, global ratings firm Moody's said on Monday.
The Pakistani rupee (PKR) has continued a speedy crash against the US dollar with another big fall as the greenback was traded at a record high price of 276.58 PKR in the interbank market.
Popular disenchantment and mistrust in successive governments can be ascribed to the huge gap between promises and delivery. The emergence…