QAU requests for Rs5 b govt bailout amid financial crisis
ISLAMABAD: The Academic Staff Association (ASA) at Quaid-i-Azam University has urged the government to allocate Rs5 billion to address a severe shortage of funds, jeopardising the university’s operations, as reported by Pro Pakistani. According to the ASA president, the university is facing a budget deficit of approximately Rs800 million, leading to
What does Pakistan need to do to get a fresh bailout package from IMF?
Pakistan’s economic managers are currently grappling with three pressing issues to stabilize the economy and achieve growth. Engaging with the IMF To navigate these challenges, the economic managers are actively engaging with the International Monetary Fund (IMF). They aim to convert ongoing discussions into formal talks for a new bailout
FY 24-25 budget expected on June 7
In response to IMF pressure, the Pakistan government is contemplating ending tax exemptions in the forthcoming FY budget.