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Pakistan economic reforms

State Bank of Pakistan’s reserves edge up by $27 million amid economic reforms

The State Bank of Pakistan (SBP) reported a $27 million increase in its foreign exchange reserves, bringing the total to $11.249 billion for the...

Pakistan to privatize PIA within three months, says minister Abdul Aleem Khan

Pakistan's Federal Minister for Privatization, Abdul Aleem Khan, announced that the government aims to complete the privatization of Pakistan International Airlines (PIA) within three...

Pakistan confident as IMF reviews economic targets

An International Monetary Fund (IMF) delegation, led by Nathan Porter, has arrived in Islamabad for a crucial review of Pakistan’s $7 billion Extended Fund...

PM highlights media’s importance in governance and development

Prime Minister Shehbaz Sharif held a meeting with a delegation from the Pakistan Broadcasters Association (PBA) at the Prime Minister’s Office to discuss the...

Islamabad airport control bid falls short challenging Pakistan’s reform efforts

A well-planned effort to bring private expertise to Pakistan's main gateway encountered unforeseen obstacles this week, exposing the difficulties in the country's economic modernization...

Pakistan Faces IMF Push for Reduced Government Control Following Unscheduled Visit

The International Monetary Fund (IMF) has urged Pakistan to reduce government intervention in its economy and increase competition, emphasizing the need for urgent reforms...

Aurangzeb is seeking extra financial support from the IMF’s climate resilience fund.

Finance Minister Muhammad Aurangzeb has described China's initial response to Pakistan's request for extended debt maturities related to the Belt and Road Initiative as...

IMF approves $7 billion extended fund facility program for Pakistan

On Wednesday, the International Monetary Fund (IMF) approved a new $7 billion bailout package for Pakistan after the country pledged to reform its agricultural...

Minister optimistic about securing IMF deal today

Finance Minister Senator Muhammad Aurangzeb on Tuesday expressed confidence that the IMF board will approve the $7 billion, 37-month Extended Fund Facility (EFF) for...

Parliamentary approval for preliminary measures is required by June 30 for the IMF loan

Pakistan must complete a series of prior actions, largely requiring parliamentary approvals and legislation, within the next 40 days to secure a formal staff-level...

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