Finance Minister Asad Umer Monday revealed that the bailout package ‘agreed in principle’ with the International Monetary Fund (IMF) will be around $6-8 billion. Briefing the National Assembly Standing Committee on Finance, Revenue and Economic Affairs, Asad Umer said the IMF has finalised a bailout package for Pakistan during talks between the two sides at […]
WB
Light at the end of Pakistan’s economic tunnel
The PTI government has been in power for nearly eight months and so far, the economic indicators are bleak. Pakistan’s consumer price inflation rose in March to its highest since November 2013, adding to economic headwinds besetting Prime Minister Imran Khan’s government. Inflation rose to 9.41 per cent year-on-year, up from 8.21 per cent in […]