Tag Archives: IMF

Apart from managing the twin deficits (fiscal and current) in 2019, the government will be on its toes to clear two important tests: One is the stabilization program to be signed with the International Monetary Fund (IMF) and the second …

The quantum of Government of Pakistan (GoP) borrowings from State Bank of Pakistan (SBP) has lately reached 12.6 percent of GDP, the highest since FY06. The limit specified by International Monetary Fund (IMF) is 7.5-8.0 percent of GDP. This necessitates …

The new year is on track to be one of the toughest economically and financially that Pakistan has witnessed in recent times. As 2018 comes to a close, all global economic forecasters have revised down the expected economic performance of …

The year 2018 was a unique year in the history of Pakistan as it witnessed a new political party coming into power which, since 1988, was being shared predominantly between two political parties including an 8-year period of General Pervez …

Pakistan capital market is likely to remain volatile and reactive to the news flows. Exchange rate parity will be the key driver, any bout of currency depreciation, either under the International Monetary Fund (IMF) program or otherwise, may result in …

Economists have predicted that the Pakistan’s economic growth in the present fiscal year is expected to hit a 9-year low, dipping to approximately 2.9 percent, adding that looming balance of payment shortage, cut in development expenditures, monetary tightening and depreciation in the local currency …

The art of taxation consists in so plucking the goose as to obtain the largest amount of feathers with the least amount of hissing. So said Jean-Baptiste Colbert, minister of finance to France’s 17th-century “Sun King”, Louis XIV. Today, almost …

Experts highlight that United Arab Emirates (UAE) has a society which conjoins greater than 200 nationalities and they also added Pakistan’s contribution in the development of the country by living in peace and harmony. It is also explained that 1.6 …

An International Monetary Fund (IMF) mission led by Harald Finger visited Islamabad from November 7-20, 2018 to initiate discussions on a financial arrangement with the IMF requested by the Pakistani authorities to support their economic reform program. Discussions will continue …

Faced with an immediate balance of payment (BoP) crisis, the incumbent government headed by Imran Khan is working on a multi-pronged strategy, simultaneously approaching both friendly countries and International Monetary Fund (IMF) for BoP support. While initially sparking a wave …