Pakistan has received $2 billion from Saudi Arabia, confirmed the State Bank of Pakistan, marking a significant boost to the country’s foreign exchange reserves amid ongoing economic pressures. Read More: Saudi Arabia pledges $3 billion support for Pakistan According to official confirmation, the funds were transferred as part of Saudi financial support commitments to Pakistan. The development […]
IMF
Federal development budget slashed by Rs173bn amid IMF pressure
Pakistan’s federal development budget has been reduced by Rs173 billion amid pressure from the International Monetary Fund and the economic impact of ongoing Middle East tensions, officials said on Wednesday. Read More: Federal development spending remains slow in first five months According to the Ministry of Planning, the Public Sector Development Programme (PSDP) has been cut […]
Aurangzeb discusses economic ties with US, attends IMF panel in Washington
Finance Minister Muhammad Aurangzeb has held high-level meetings with US officials and participated in an International Monetary Fund (IMF) panel during his visit to Washington for the World Bank–IMF Spring Meetings 2026. Read More: UN chief António Guterres praises Pakistan’s role in US Iran talks, during a telephone conversation with Ishaq Dar According to the […]
IMF cuts 2026 global growth forecast to 3.1% on Mideast war
The International Monetary Fund (IMF) cut its 2026 global growth projection on Tuesday, warning that the world economy could be “thrown off course” by war in the Middle East – as the conflict roils commodity markets and sparks higher prices. The global economy is set to grow by 3.1 per cent this year, said the […]
Saudi Arabia to provide $3bn support to Pakistan: Aurangzeb
Federal Finance Minister Muhammad Aurangzeb has announced that Saudi Arabia will provide financial support of $3 billion to Pakistan by next week in the form of additional deposits. Saudi Arabia Announces USD 3 Billion Additional Support, Extends USD 5 Billion Deposit: Finance Minister Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has informed that […]
Aurangzeb arrives in Washington for IMF World Bank meetings
Finance Minister Muhammad Aurangzeb has arrived in Washington, D.C. to attend the World Bank Group and International Monetary Fund (IMF) Spring Meetings 2026, as Pakistan continues efforts to strengthen its economic reform agenda amid global uncertainty. Read More: Aurangzeb meets IMF to assess EFF progress According to Pakistan’s Ministry of Finance, the minister will participate in high-level discussions […]
Economic shock of ME war to cast shadow over IMF, World Bank meetings
Top finance officials from around the world will convene in Washington this week under the shadow of the war in the Middle East, which has delivered a third major shock to the global economy after the COVID pandemic and Russia’s full-scale invasion of Ukraine in 2022. Top International Monetary Fund and World Bank officials last […]
Finance minister leaves for US to attend IMF, World Bank meetings
Pakistan’s Finance Minister Muhammad Aurangzeb has departed for the United States to participate in key international financial meetings hosted by the International Monetary Fund (IMF) and the World Bank. Read More: US reaffirms support for Pakistan’s economic reform agenda The high-level meetings are scheduled to take place in Washington, D.C. from April 13 to 18, […]
Pakistan has assured the IMF of comprehensive reforms aimed to curb corruption
Pakistan has assured the International Monetary Fund (IMF) of comprehensive reforms aimed at curbing corruption and improving transparency in key institutions, including changes to the appointment process of the head of the National Accountability Bureau. Read More: IMF reported deep-rooted corruption risks in Pakistan’s governance According to officials in Islamabad, the government has formally committed to implementing measures that […]
PM Shehbaz Sharif has directs talks with IMF on petroleum levy
Prime Minister Shehbaz Sharif has directed the Finance Division to engage with the International Monetary Fund (IMF) over the structure of petroleum levy imposed on petrol and diesel, aiming to shield the public from rising global oil prices. Read More: Govt plans Rs 5 fuel levy hike ahead of IMF deal According to official sources, the prime minister issued […]