The Pakistan Stock Exchange (PSX) lost more than 600 points on Monday as investors reacted to the delay in the federal budget announcement. The benchmark KSE-100 index fell by 886 points early in the day and was still down by over 640 points by mid-afternoon. Market experts say the delay, along with uncertainty over the […]
International Monetary Fund (IMF)
IMF urges Pakistan to bring inflation down to 5–7% target
The International Monetary Fund (IMF) has urged Pakistan to bring inflation within the 5% to 7% target range, as part of ongoing discussions on the country’s upcoming budget. The IMF made this demand during its recent mission to Pakistan, which focused on budget planning for the 2025–26 fiscal year. According to the official statement issued […]
Pakistan and IMF yet to finalize budget targets, talks to continue
Pakistan and the International Monetary Fund (IMF) have not yet reached a full agreement on next year’s budget targets. The IMF team visited Pakistan from May 19 and held discussions with government officials. Talks covered the country’s economic situation, loan program progress, and key budget goals. Although both sides made progress, some matters are still […]
IMF hopes Pakistan and India will find a peaceful resolution to ongoing tensions
Washington: The International Monetary Fund (IMF) has voiced optimism that Pakistan and India will resolve their recent tensions peacefully, urging both nuclear-armed neighbors to prioritize diplomacy and stability in the region. Speaking at a press briefing in Washington, IMF Director of Communications Julie Kozack acknowledged Pakistan’s improved economic performance under its ongoing loan program. She […]
IMF ties tax relief for salaried class to reduced public expenditure
As negotiations between Pakistan and the International Monetary Fund (IMF) near conclusion, the global lender has conditioned any meaningful tax relief for salaried individuals, property owners, beverage producers, and exporters on substantial reductions in government expenditure. The IMF team, which is wrapping up its visit to Islamabad on Friday, has made it clear that increased […]
President Zardari welcomes IMF support as Pakistan’s economy shows improvement
A delegation from the International Monetary Fund (IMF), led by Jihad Azour, met President Asif Ali Zardari in Islamabad on Friday. They reviewed Pakistan’s economic situation and progress under the IMF programme. Finance Minister Muhammad Aurangzeb, Senator Saleem Mandviwalla, and other senior officials also attended. President Zardari thanked the IMF for its strong support, […]
IMF delegation meets Pakistan’s deputy PM Ishaq dar, pledges continued support
The International Monetary Fund (IMF) delegation recently held important talks with Pakistan’s Deputy Prime Minister and Foreign Minister Ishaq Dar. They assured Pakistan of continued cooperation and support for its economic agenda amid ongoing reforms. The meeting was also attended by Tariq Bajwa, Finance Secretary, along with officials from the Federal Board of Revenue and […]
PM Shehbaz meets IMF delegation, discusses economic reforms and stability
Prime Minister Shehbaz Sharif met with a high-level delegation from the International Monetary Fund (IMF) to review Pakistan’s ongoing IMF program and the progress of its economic reforms. The meeting, held in Islamabad, focused on the key measures the government has undertaken to ensure economic stability and progress under the current IMF agreement. The IMF […]
IMF urges Pakistan to cut provincial spending, improve tax collection
Pakistan is in ongoing talks with the International Monetary Fund (IMF) to finalize the budget framework for the next fiscal year. According to government sources, no strict conditions have been agreed upon yet. However, Pakistan has shared all required economic data with the IMF and is answering follow-up questions related to budget targets and economic […]
PM pushes for IMF approval to lower FBR tax target by Rs250 billion for FY26
Prime Minister Shehbaz Sharif has asked the International Monetary Fund (IMF) to allow a cut in next year’s tax target. The government wants to reduce the Federal Board of Revenue’s (FBR) target by Rs250 billion for fiscal year 2025–26. The proposed target is Rs14,057 billion, instead of the earlier Rs14,307 billion. Officials say this change […]