IMF uncertain about approving new loan for Pakistan
During a briefing in Washington, International Monetary Fund (IMF) Director of Communications, Julie Kozack, stated that it is still too early to determine whether ongoing discussions with Pakistan will result in a new loan package. When asked if the talks could lead to a staff-level agreement on a new loan
Miftah Ismail announces formation of a ‘different kind’ of political party
Former Pakistan Muslim League Nawaz (PML-N) leader Miftah Ismail has announced forming a “different kind” of political party. The former finance minister announced his party in an op-ed published in The News. However, he didn’t reveal the name of his political party. For the last few months, there have been
PSX hits record high, surpasses 71,500 points
Concerns over escalating situation in Middle East have led to a cautious approach from international investors, exerting some negative pressure on the PSX.
Aurangzeb hopes Pakistan will reach a loan agreement with IMF in July
ISLAMABAD: Finance Minister Muhammad Aurangzeb expressed his hope for Pakistan to reach a staff-level agreement with the International Monetary Fund (IMF) by mid-July for the next phase of the expanded loan deal. During his week-long trip to the United States, Aurangzeb, speaking to journalists at the Pakistani embassy in Washington,
