‘Pakistan lost match against US due to IMF loan’, says Anwar Maqsood
In a surprising turn of events, Pakistan’s cricket team faced an unexpected defeat in their T20 World Cup opener against the US on Thursday, sparking a wave of national disappointment. Renowned writer Anwar Maqsood humorously offered his take on the situation. In a viral video, the beloved Pakistani writer, poet,
Ahsan Iqbal: 2018 ‘Tabdali’ as devastating as eastern Pakistan tragedy
LAHORE: Federal Minister for Planning Ahsan Iqbal described the 2018 transformation as a catastrophe for eastern Pakistan. Impact of 2018 Changes Speaking to the media in Lahore, Ahsan Iqbal stated that the changes in 2018 were a conspiracy. He added that 240 million people still suffer the consequences. Stock Exchange
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 bailout program will require pension reforms, with policy talks starting tomorrow as negotiations near their final phase. To get a new loan from the IMF, Pakistan must meet their demands.
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
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 yields for various tenors by up to 49 basis points. Despite a target of Rs450 billion, the overwhelming response saw bids totaling over Rs1.8 trillion, indicating investors’ preference for risk-free
