Pakistan’s exchange rate reflecting actual economic conditions: IMF

KARACHI: International Monetary Fund (IMF) on Wednesday said that exchange rate in Pakistan reflecting actual economic conditions. Read more »

FBR taking significant steps to improve tax administration: IMF

ISLAMABAD: International Monetary Fund (IMF) on Friday said that Federal Board of Revenue (FBR) is undertaking significant steps to improve tax administration and its interface with taxpayers. Read more »

Reform program results encouraging, SBP tells IMF

KARACHI: The State Bank of Pakistan (SBP) has informed the International Monetary Fund (IMF) that initial results from the reform program are encouraging. Read more »

Pakistan not renegotiating IMF-program

ISLAMABAD: Pakistan is not renegotiating IMF program and the country remains committed to implement the policies and reforms spelled out in the IMF-supported program, said a clarification issued on Friday. Read more »

Imran Khan discusses economic reforms with IMF chief

WASHINGTON: Prime Minister Imran Khan on Sunday met David Lipton, Acting Managing Director of International Monetary Fund to discuss economic reform program. Read more »

FBR not to reduce GST below 17 percent on petroleum products

KARACHI: Federal Board of Revenue (FBR) to maintain general sales tax at 17 percent on all petroleum products in coming months as agreed by the Pakistani authorities with the International Monetary Fund... Read more »

Elimination of zero rating, other policy and administrative measures to generate Rs733.47 billion

KARACHI: Federal Board of Revenue (FBR) to generate additional revenue of Rs733.47 billion during current fiscal year after abolishing zero-rating of sales tax and other policy and administrative measures. Read more »

Prize bonds, bearer instruments to be registered

KARACHI: Pakistani authorities have assured International Monetary Fund (IMF) of registering prize bonds and other bearer instruments to eliminate the use of these instruments in potential illegal activities and tax avoidance. Read more »

Key points of Pakistan’s revenue driven fiscal consolidation

KARACHI: The International Monetary Fund (IMF) has highlighted points of Pakistan’s budget 2019/2020 which envisaged a substantial revenue driven fiscal consolidation. Read more »

Pakistan assures IMF of strengthening taxation on real estate, agriculture income

KARACHI: Pakistan has assured International Monetary Fund (IMF) of removing distortion in taxation system and strengthening taxation on real estate and agriculture income. Read more »

IMF approves $6 billion loan for Pakistan

ISLAMABAD: The International Monetary Fund (IMF) has approved a 39-month extended arrangement for Pakistan under which the country will get $6 billion to support the economic reform program, said a statement. Read more »

Stock market gains 589 points on successful IMF deal expectations

KARACHI: The stock market gained 589 points on Wednesday on positive expectations of IMF deal conclusion. Read more »