IMF asks Pakistan to ‘impose’ tax on monthly pensions
The International Monetary Fund (IMF) has asked Pakistan to tax monthly pensions over Rs 100,000. According to reports, the new…
Pakistan to end rooftop net metering for solar panels
During ongoing negotiations with the International Monetary Fund (IMF), Pakistan announced its decision to discontinue the net metering policy for…
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…
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…
Bank borrowings hit Rs6.2 tr in just 10 months
WEB DESK: Pakistan’s government surpassed its treasury bills auction target, raising Rs640 billion on Wednesday, while simultaneously reducing the cut-off…
IMF recommends Pakistan to increase GST to 18 pc
WEB DESK: The International Monetary Fund (IMF) has proposed that Pakistan elevate its general sales tax (GST) to 18 per…
Power Division rubbishes reports of increase in electricity prices
The Ministry of Energy’s Power Division (MEPD) dismissed reports on Tuesday regarding an increase in electricity prices. The spokesperson for…
Electricity tariff expected to rise by Rs7 per unit in July
Pakistan has notified the International Monetary Fund (IMF) of a potential increase in the average electricity tariff by Rs. 5…
Price of petrol expected to drop from Thursday
The price of petrol in Pakistan is expected to decrease by Rs13 from May 16. Additionally, the price of diesel…
IMF warns of significant risks to Pakistan’s debt repayment capacity
IMF has expressed concerns over Pakistan’s ability to handle its debt amidst its economic challenges. The statement follows the arrival…