Pakistan’s addiction to borrowed money Father of the Nation Quaid-e-Azam Mohammad Ali Jinnah in his speech at Ziarat, Balochistan, in 1948 stated that:... Published 09 Mar, 2024 04:59am
Print IMF says ‘ready’ to send team for 2nd SBA review ISLAMABAD: The International Monetary Fund (IMF) stands ready to hold a mission for the second review of the... Updated 09 Mar, 2024 10:34pm
Print Vote ‘rigging’: IMF dampens hopes of PTI ISLAMABAD: The International Monetary Fund (IMF) said its scope is restricted to economic issues and it cannot... Updated 09 Mar, 2024 04:10pm
Print Sovereign dollar rally to two-year high LONDON: Pakistan’s sovereign dollar bonds gained as much as 3 cents on Friday, hitting their highest since early... Updated 09 Mar, 2024 10:23pm
Editorials Increase in debt burden EDITORIAL: Total domestic and external debt stocks rose by 6 percent during the first seven months of the current... Published 09 Mar, 2024 04:59am
Markets KSE-100 ends week in green as IMF statements help sentiment Stocks at the Pakistan Stock Exchange (PSX) closed the final session of the week on a high note amid statements by... Updated 08 Mar, 2024 11:56pm
Pakistan IMF ready for formulation of 'new medium-term programme', responds to PTI's letter Says it encourages fair and peaceful resolution of all electoral disputes Updated 08 Mar, 2024 11:27pm
Markets SBA: IMF awaits formation of PM Shehbaz's cabinet ahead of sending mission for 2nd review In press briefing, Julie Kozak, Director of Communications, says focus is on completion of current Stand-By Arrangement, IMF 'stands ready' to send mission Updated 08 Mar, 2024 11:30pm
Markets Profit-taking erases KSE-100’s intra-day gains Pakistan stocks surrendered their earlier gains at close on Wednesday amid final-hour profit-taking as the benchmark... Updated 06 Mar, 2024 09:12pm
Opinion ‘Challenges, challenges’ This is apropos a Business Recorder op-ed “Challenges, challenges” carried by the newspaper yesterday. That the... Published 06 Mar, 2024 04:18am
Editorials February Economic Update and Outlook EDITORIAL: The February 2024 Economic Update and Outlook uploaded on the Finance Division website on the last day of... Published 06 Mar, 2024 04:18am
Print HBL CEO Muhammad Aurangzeb may be inducted into finance team ISLAMABAD: Muhammad Aurangzeb, the chief executive officer of Pakistan’s largest bank, HBL, is likely to be tapped... Updated 06 Mar, 2024 10:59am
Markets Selling pressure returns as KSE-100 settles in red Investors resort to profit-taking, say market analysts Updated 05 Mar, 2024 08:26pm
Pakistan Economic policy over next several months crucial for Pakistan: US Ambassador KARACHI: US Ambassador to Pakistan Donald Blome has said economic policy developed over the next several months... Updated 05 Mar, 2024 04:32pm
Opinion ‘IMF programme will test SIFC’ This is apropos a Business Recorder op-ed “IMF programme will test SIFC” carried by the newspaper last Thursday.... Published 05 Mar, 2024 03:09am
Markets PBC calls for ‘5-year’ IMF programme in letter to lender PBC believes front loading of targets by IMF stems from the relatively short-term programmes Updated 04 Mar, 2024 08:02pm
Print PML-N, PPP Senators assail IK over letter to IMF ISLAMABAD: Senators belonging to coalition parties – Pakistan Muslim League-Nawaz (PML-N) and Pakistan Peoples Party... Updated 02 Mar, 2024 08:38am
Pakistan Pakistan’s next finance minister: race heats up with several names being reported ISLAMABAD: Pakistan’s newly-formed ruling alliance is yet to finalise its finance minister, the person who has to... Updated 01 Mar, 2024 08:26pm
Pakistan US says supports Pakistan to break free from vicious cycle of debts WASHINGTON: The United States has said that Washington supports Pakistan’s efforts to break free from the vicious... Published 01 Mar, 2024 02:59am
Pakistan Nawaz, Shehbaz assail IK over letter to IMF ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) Quaid Nawaz Sharif and party president Shehbaz Sharif have censured... Updated 01 Mar, 2024 09:06am
Editorials Insulating regulators from govt interference EDITORIAL: Reportedly, a much-needed amendments in Ogra (Oil and Gas Regulatory Authority) and Nepra (National... Published 01 Mar, 2024 02:59am
Editorials New scheme for traders EDITORIAL: One can only wish the government good luck as it now tries to collect an estimated Rs500 billion from a... Published 01 Mar, 2024 02:59am
Business & Finance Monthly inflation rate projected to slow in February KARACHI: Inflation is projected to hover around 24.5-25.5% in February, with expectations of further easing to... Updated 01 Mar, 2024 11:08am
Markets In response to question on PTI letter, US urges Pakistan’s new govt to continue working with IMF State Dept spokesperson says policies over the next several months will be crucial for the country Updated 29 Feb, 2024 11:13pm
Pakistan China rolls over $2bn loan to Pakistan, says caretaker finance minister ISLAMABAD: China has rolled over a $2-billion loan to Pakistan, caretaker finance minister Shamshad Akhtar confirmed... Updated 29 Feb, 2024 11:13pm
Opinion IMF programme will test SIFC Two is a trend, they say, and twice in two weeks now the market has shrugged off concerns of international rating... Published 29 Feb, 2024 04:41am
Editorials State of the economy: Moody’s take EDITORIAL: Moody’s Investor Service, one of the three major international rating agencies, has kept Pakistan ... Published 29 Feb, 2024 04:41am
Pakistan In letter to IMF, PTI urges lender to consider Pakistan’s ‘political instability’ in talks: report Pakistan is currently enrolled in a $3-billion Stand-By Arrangement with the IMF with one review pending Updated 28 Feb, 2024 10:29pm
Pakistan Pakistan’s rating likely to ‘be upgraded’ if govt’s external, liquidity risks reduce: Moody’s Maintains Pakistan’s credit rating at Caa3 for long-term issuer rating, with a stable outlook Updated 27 Feb, 2024 07:45pm
Print Answer to question about IK’s letter: IMF says won’t comment on developments The International Monetary Fund says it is looking forward to working with the new government Updated 24 Feb, 2024 04:10pm
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees