On Monday, the gold prices in Pakistan saw a major fall, taking the cost of 24-karat gold to Rs226,900 per tola after reporting a decline of Rs600. Dealers observed a corresponding drop in the price of 10 grams of 24-karat gold, which also saw a price drop of Rs515, now trading at Rs194,530. Similarly, the مزید پڑھیں

The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to maintain the policy rate at 22% for the next two months, in its meeting held on Monday. The committee meeting, chaired by the SBP governor, noted that despite the sharp decline in February, inflation remained at an elevated level, adding مزید پڑھیں

Pakistan has assured the International Monetary Fund of bringing the real estate sector into the tax net, sources said as the talks between the two sides for the last tranche of $1.1 billion under the stand-by arrangement enter the final round. Under the plan, all housing societies would be registered and tax would be increased مزید پڑھیں

The International Monetary Fund (IMF) has called upon Pakistan to revisit the National Finance Commission (NFC) award with the provinces. This demand came during the second day of talks between Pakistani officials and the IMF under the second review of the $3 billion standby arrangement (SBA). Article 160 of the Constitution authorizes the president to مزید پڑھیں

Pakistan on Thursday “expressed its intention” for a fresh loan from the International Monetary Fund (IMF) as the two sides began the final review meeting on the $3 billion stand-by arrangement (SBA). The four-day review began today, and if successful, will release a final tranche of around $1.1 billion secured by Islamabad under a last-gasp مزید پڑھیں

The finance ministry and a delegation of the International Monetary Fund (IMF) on Thursday kicked off the second and last review of Pakistan’s $3 billion standby arrangement with the body. The ministry had said a day ago the review would be a four-day affair and hoped for a for a successful IMF staff-level agreement after مزید پڑھیں

Pakistan’s new Finance Minister Muhammad Aurangzeb has confirmed that the country will look to the International Monetary Fund for an Extended Fund Facility. He also said that the policy rate will come down as inflationary pressures ease. Speaking to media representatives for the first time since assuming office, Aurangzeb said that the IMF team would مزید پڑھیں

Gold prices in Pakistan witnessed a major fall, taking the cost of 24-karat gold to Rs228,300 per tola after reporting a decline of Rs1800. Dealers observed a corresponding decrease in the price of 10 grams of 24-karat gold, which also saw a slight fall of Rs1544, now trading at Rs195,730. Similarly, the price of 10 مزید پڑھیں

Pakistan and International Monetary Fund (IMF) talks under the $3 billion Stand-By Arrangement (SBA) are likely to commence from March 15. As per details, the country’s newly sworn-in Finance Minister Mohammad Aurangzeb has given the green signal for talks with the IMF for the SBA and a new loan programme. Islamabad will hold talks with مزید پڑھیں

The country’s newly sworn-in Finance Minister Mohammad Aurangzeb confirmed that Islamabad’s talks with the International Monetary Fund (IMF) under the $3 billion Stand-By Arrangement (SBA) are likely to commence this week. He said that with the government to send a formal request to the monetary body to cushion Pakistan’s dwindling economy. In response to a مزید پڑھیں