Explore finance-related stories with Pakistan Revenue, your source for the latest updates on Pakistan’s economy, financial trends, and market insights. Stay informed with real-time economic developments.
Karachi, April 18, 2024 – Pakistan’s economic landscape experienced a notable shift as the State Bank of Pakistan (SBP) reported a significant decline of $68 million in foreign exchange reserves for the week ending April 12, 2024.
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Pakistan is poised to secure a new loan deal with the International Monetary Fund (IMF) by the end of June or early July, according to the country’s Finance Minister for Finance and Revenue, Muhammad Aurangzeb.
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Pakistan is gearing up to unveil its federal budget for the fiscal year 2024-25, with a primary focus on alleviating the burdens faced by the common populace amidst soaring inflation rates.
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The World Bank (WB) has reaffirmed its commitment to supporting Pakistan’s economic stabilization and revenue enhancement through comprehensive reforms and digitalization programs.
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Islamabad, April 16, 2024 – The International Monetary Fund (IMF) has released its latest report, projecting a two per cent GDP growth rate for Pakistan in the current fiscal year FY24, a significant improvement from the -0.2 per cent recorded in FY23.
(more…)Pakistan has commenced discussions with the International Monetary Fund (IMF) regarding a new multi-billion dollar loan agreement aimed at supporting its economic reform program, announced Muhammad Aurangzeb, the Federal Minister for Finance and Revenue.
(more…)Karachi – Pakistan’s foreign exchange reserves have seen a notable increase, rising by $62 million to $13.44 billion by the week ending April 5, 2024.
(more…)Islamabad, April 14, 2024 – A delegation led by Finance Minister Muhammad Aurangzeb set off for Washington on Sunday to engage in discussions with the International Monetary Fund (IMF) regarding a new loan program aimed at bolstering Pakistan’s economic stability.
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Pakistan has successfully completed the repayment of $1 billion towards its International Bond on April 12, 2024, as announced by the State Bank of Pakistan (SBP) on Saturday.
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Finance Minister Muhammad Aurangzeb on Friday provided Prime Minister Muhammad Shahbaz Sharif with a comprehensive briefing on the impending meeting with the International Monetary Fund (IMF).
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