Pakistan Unveils Rs17.5 Trillion Budget for FY 2025–26: Defence Spending Soars, Debt Servicing Dominates
In its announced Rs17.573 trillion federal budget for FY 2025–26, Pakistan has increased defence spending by 20% while slashing overall…
Tag: IMF
Pakistan Aims to Increase U.S. Imports to Ease Tariff Tensions
In response to heightened U.S. tariffs under President Trump, Pakistan is looking to boost imports from the United States as…
Crippling economy gets good news as Pakistan bags $9 billion from International donors
Officials from 40 countries as well as private donors gathered at a meeting in Geneva as Islamabad sought funds to…
Pakistan satisfies financial watchdog, process to remove from grey list begin
The Financial Action Task Force 4-day session ended, Islamabad substantially completed its two action plans covering 34 items, global body…
IMF says Britain should ask for more time for Brexit transition
IMF says Britain should ask for an extension to its post-Brexit transition period to ease uncertainty at a time when…
IMF says coronavirus pandemic will cause worst recession
IMF says coronavirus pandemic may trigger worst economic fallout since the 1930s Great Depression, with only a partial recovery in…
Iranian admiral declared Trump more dangerous than coronavirus
Iranian Admiral Ali Shamkhani says US sanctions imposed on crucial medical equipment are ‘illegal’ and an ‘inhumane act’.
Iran needs $5bn emergency funding to fight coronavirus
Iran has asked International Monetary Fund (IMF) for five billion dollars emergency funding to fight coronavirus outbreak.