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AprBy Shahbaz Rana Published in The Express Tribune on April 03, 2024 ISLAMABAD: In a dire forecast unveiled on Tuesday, the World Bank cautioned that over 10 million additional individuals in Pakistan face the looming threat of descending into poverty. The apprehension stems from a sluggish economic growth rate of 1.8% coupled with soaring inflation at a […]
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MarBy Farhat Ali Published in Business Recorder on March 23, 2024 Announcing the staff-level agreement on the successful completion of the 23rd short-term facility, the IMF (International Monetary Fund) has confirmed that a cash-strapped Pakistan is seeking a 24th successor medium-term bailout package for a permanent push towards longstanding structural reforms. The IMF in its end-of-mission statement[…]
By Khaleeq Kiani Published in Dawn on March 21, 2024 • Three-year programme to focus on strengthening public finances, restoring energy sector’s viability, returning inflation to target • $1.1bn due next month after staff-level accord reached on final review of current package ISLAMABAD: Announcing the staff-level agreement on the successful completion of the existing short-term facility, the[…]
