Power tariffs: Summer relief extends
The summer season of massive relief continues for electricity consumers, as another Rs1.55/unit cut in lieu of Quarterly Tariff Adjustment (QTA) has been notified by the regulator. The QTA for 3QFY25 will be in…
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India Fires IMF Director in Bid to Block Release of $2.3 Billion to Pakistan
The Indian government has prematurely recalled International Monetary Fund (IMF) Executive Director K.V. Subramanian six months before the end of his tenure in a clueless attempt to block the release of $2.3 billion to…
IMF Rejects India’s Request to Re-Examine Loans Given to Pakistan
The International Monetary Fund (IMF) has seemingly dismissed India’s request to re-examine loans provided to Pakistan. The IMF’s representative for Pakistan, Mahir Binici, told ProPakistani that the Executive Board meeting for Pakistan has already…
Shares at PSX climb 800 points after IMF announcement
Bulls bounced back on the trading floor on Tuesday as shares at the Pakistan Stock Exchange climbed more than 800 points after a day of volatility. The benchmark KSE-100 index climbed 808.28 points, or…
Economic future of Pakistan: Pivotal role of private sector highlighted
The Embassy of Pakistan in Washington DC hosted a landmark economic dialogue on the sidelines of the IMF and World Bank Spring Meetings, bringing together Pakistan’s economic leadership, global financial institutions, and corporate representatives…
Pakistan: Govt Puts Highest Priority on Foreign-Funded Projects for FY26 Budget to Woo IMF
The federal government has put the highest priority on the completion of ongoing and overall foreign-funded development projects in fiscal year 2025-26 to satisfy the International Monetary Fund (IMF), well-informed sources told ProPakistani. According…
