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.
Islamabad: In a significant development, Pakistan signed a Letter of Intent (LOI) on Saturday, signaling its intention to obtain a nine-month, $3 billion loan program from the International Monetary Fund (IMF).
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Islamabad, June 30, 2023: Prime Minister Shehbaz Sharif announced on Friday that Pakistan has reached a Staff-Level Agreement with the International Monetary Fund (IMF) on a nine-month US$3 billion Stand-By Arrangement (SBA).
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Karachi, June 30, 2023: Pakistan’s new standby arrangement (SBA) with the International Monetary Fund (IMF) has surpassed expectations, according to analysts at Topline Research.
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Islamabad, June 30, 2023: Pakistan has secured a crucial $3 billion bailout package from the International Monetary Fund (IMF) as the country grapples with economic challenges and external shocks.
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Karachi, June 28, 2023: Repatriation of profit and dividends by foreign investors from Pakistan has experienced a significant decline, plunging by 80 percent during the eleven months of the fiscal year 2022-23, according to data released by the State Bank of Pakistan (SBP).
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Islamabad, June 28, 2023: Minister for Finance, Senator Mohammad Ishaq Dar, expressed optimism regarding the ongoing negotiations between Pakistan and the International Monetary Fund (IMF), stating that positive news would be announced soon.
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Islamabad: In a meeting chaired by Federal Minister for Finance and Revenue, Senator Mohammad Ishaq Dar, the Economic Coordination Committee (ECC) of the Cabinet approved policy guidelines for the import of foreign supplier’s account through customs bonded storage facilities.
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Islamabad: Finance Minister Mohammad Ishaq Dar announced on Monday his strong determination to transform Pakistan into a fully interest-free financial system within the next five years.
(more…)Karachi, June 22, 2023: Prime Minister Shehbaz Sharif reaffirmed the Pakistani government’s full commitment to the ongoing Extended Fund Facility (EFF) program of the International Monetary Fund (IMF).
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Karachi, June 22, 2023 – Pakistan’s foreign exchange reserves have experienced a significant decline, dropping by $514 million over the past week, according to the State Bank of Pakistan (SBP).
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