'US doesn't have powers to veto IMF decisions': Asad Umar dismisses Washington's statements
Sanaullah Khan
Updated October 13, 2018
Finance Minister Asad Umar. — Online/File
Finance Minister Asad Umar on Saturday dismissed US statements about reviewing Pakistan's debt position before...
IMF projects inflation rate to hit 14% by June
By Shahbaz Rana
Published: October 13, 2018
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Lender says potential gains from better asset management are considerable. PHOTO: REUTERS
ISLAMABAD: The International Monetary Fund (IMF) has projected that the average...
Stocks battered as index plummets 846 points in intra-day trading
By Salman Siddiqui
Published: October 12, 2018
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A man looks at Pakistan stock exchange rates on a digital screen on October 9, 2018. PHOTO:ONLINE
KARACHI: Stocks were hammered on Friday as the KSE-100 index...
Stocks battered as index plummets 846 points in intra-day trading
By Salman Siddiqui
Published: October 12, 2018
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A man looks at Pakistan stock exchange rates on a digital screen on October 9, 2018. PHOTO:ONLINE
KARACHI: Stocks were hammered on Friday as the KSE-100 index...
Pakistan’s debt sustainability indicatorsin disarray
By Shahbaz Rana
Published: October 10, 2018
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ISLAMABAD: Pakistan’s all debt sustainability indicators have turned topsy-turvy in the last fiscal year, suggesting that the country faces serious...
Foreign currency smuggled through Iran
By Irshad Ansari
Published: October 10, 2018
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Settles at Rs133.6 in inter-bank market after govt opts for an IMF bailout. PHOTO:REUTERS/FIle
ISLAMABAD: The US dollar, pound sterling and several foreign currencies are being...
Pakistan Devalues Rupee as It Prepares to Seek 13th IMF Bailout
By
Kamran Haider
and
Faseeh Mangi
October 8, 2018, 10:36 PM GMT+5:30 Updated on October 9, 2018, 5:21 PM GMT+5:30
Finance minister to meet with IMF officials in Bali this week
Rupee falls 7.5% in fifth apparent devaluation since...
A SENSE of panic is evident in the markets as the government continues to issue vague signals about its plans for plugging the growing external sector deficit and arrest the accelerating slide of the foreign exchange reserves.
Monday saw an intensifying sell-off in the stock market that fell by...
Economy cries for instant healing
Mohiuddin AazimOctober 08, 2018
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Pakistan’s foreign exchange reserves continue to fall. It’s a signal to the government to avoid further dilly-delaying on finding ways to steer the country out of the current crisis.
Reserves...
Pakistan to approach IMF for a bailout, Asad Umar announces
Dawn.com | Sanaullah KhanUpdated October 08, 2018
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Finance Minister Asad Umar. — File
The government has decided to approach the International Monetary Fund (IMF) for a bailout to address the...
KSE-100 Index slides 1,328 points amidst global sell-off
AFP | Dawn.comUpdated October 08, 2018
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The Pakistan Stock Exchange's benchmark KSE-100 Index plummeted 1,328 points (3.39 per cent) amidst a global market sell-off as investors abandoned positions...
Stocks battered as KSE-100 index plunges over 1,000 points in intra-day trading
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Stocks battered as KSE-100 index plunges over 1,000 points in intra-day trading
By Salman Siddiqui
Published: October 8, 2018
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Concerns over macroeconomic situation of the...
Road to Washington
Khaleeq KianiUpdated October 08, 2018
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The Pakistan Tehreek-i-Insaf (PTI) government is caught in the dilemma of Imran Khan’s political commitments to deliver on the promise of the state of Madina and the ground economic realities of...
Pakistan’s ability to withstand external shocks diminishes
Amin AhmedUpdated October 08, 2018
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World Bank report says risks will remain predominantly on the downside with declining reserves and elevated debt ratios. ─ File
ISLAMABAD: The World Bank has said...
PM Khan says Pakistan might look towards IMF to address mounting balance of payments - Pakistan - DAWN.COM
Prime Minister Imran Khan on Sunday remarked that Pakistan might need to return to the International Monetary Fund (IMF) to address its mounting balance of payments crisis but would seek...