Pakistan: IMF blocks tax relief on education
Pencils and books remain taxed; the import age limit has been lifted for cars meeting standards The government wants to accelerate economic growth to lower rising poverty and unemployment, but…
Beyond the IMF baseline: Pakistan’s hard fiscal choices in FY27 budget
On April 27, the State Bank of Pakistan (SBP) raised the policy rate by 100 basis points to 11.5%, its first hike since June 2023. On May 14, the International…
Pakistan may get USD200m under RSF from IMF: Aurangzeb
Finance Minister Muhammad Aurangzeb said on Wednesday that Pakistan is likely to get USD 200 million under the Resilience and Sustainability Facility (RSF) from the IMF. The IMF’s board is…
IEA, IMF, World Bank heads warn of impacts of Iran war
The heads of the International Energy Agency (IEA), International Monetary Fund (IMF), and World Bank Group on Monday warned of the negative impacts of the war against Iran waged by…
Chinese economy remains resilient, says IMF official
The Chinese economy has demonstrated remarkable resilience, said an official at the International Monetary Fund (IMF). Despite domestic challenges and a volatile external environment, the Chinese economy has demonstrated resilience,…
Policy efforts taken by Pakistan under EFF helped ‘stabilise economy, rebuild confidence’: IMF
Policy efforts undertaken by Pakistan under the International Monetary Fund’s (IMF) Extended Fund Facility (EFF) “helped stabilise the economy and rebuild confidence,” the lending agency’s spokesperson said on Thursday. IMF…