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.
Finance Minister of Pakistan, Muhammad Aurangzeb, has unequivocally ruled out any substantial rupee devaluation in anticipation of forthcoming discussions with the International Monetary Fund (IMF).
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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.
(more…)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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