PTI leader Shireen Mazari suggested a connection between Finance Minister Miftah Ismail's meeting with US Ambassador Donald Blome and ex-PM Imran Khan's ouster.
Pakistan and IMF are engaged in tough talks in Doha over the $3 billion loan programme. It's just that IMF can see through Debt-ridden Pakistan's designs.
The rating agency’s decision is driven by Pakistan’s heightened external vulnerability risk and uncertainty around its ability to secure adequate additional external financing.
The bankrupt nation will slash its budget expenditure to 'bare bones' and hopes to break even or post a primary surplus of 1% of GDP by 2025, Prime Minister Ranil Wickremesinghe said.
The deficit increased to 8.9% of GDP in the year ended June compared with 6.6% a year ago, just ahead of IMF’s first quarterly review of its bailout deal.
An IMF report said without bold reforms, Pakistan’s economy will remain critical given its largely unaddressed weak tax administration and tough business environment.
Pakistan finance minister Asad Umar resigns after being offered energy portfolio as part of cabinet reshuffle. Negotiations with IMF and FATF now at risk.
Here’s what’s happening across the border: Foreign journalist says Imran gave her an interview but aide says no, and actress to launch ‘Inkar karo’ movement in line with #MeToo.
Govt says digital payments also uplift under-served communities by providing them financial footprint that can be used to assess credit worthiness in absence of traditional documents.
As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.
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