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FISCAL TRANSPARENCY IN PAKISTAN
Why is Pakistan's ally US upset over PKR3 trillion defence budget spending?The US State Department has urged Pakistan to bring military and intelligence budgets under civilian oversight. Greater disclosure of gover...- US asks Pakistan to subject military, intelligence budgets to public oversightThe United States has urged Pakistan to improve fiscal transparency measures. Pakistan must subject military and intelligence budgets to pu...
- Pakistan draws three bids in second televised privatisation for national carrier PIAPakistan is trying to sell its national airline, Pakistan International Airlines. This is the second attempt after a failed auction last ye...
- World Bank approves $700 million to bolster Pakistan's macroeconomic stabilityAccording to the lender, funds will be released under the bank's Public Resources for Inclusive Development - Multiphase Programmatic Appro...
- US wants oversight of Pakistan defence budgets, seeks more accountabilityThe US State Department’s 2025 Fiscal Transparency Report has urged Pakistan to bring defence and intelligence budgets under parliamentary ...
- Pakistan's public sector enterprises suffocate under mounting PKR 1.7 trillion debtDespite a substantial loan from the Asian Development Bank (ADB) aimed at bolstering reforms, the cumulative debt of PSEs has soared to PKR...
- Pakistan to privatise all SOEs, except strategic enterprises: PM SharifAsserting that the government's job is not to do business but to ensure a business and investment-friendly environment, Sharif directed all...
- Pakistan has highest living cost in all of Asia with a 25 per cent inflation rate: ADBPakistan faces significant economic challenges, with the Asian Development Bank (ADB) projecting the country to have the highest inflation ...
- Cash-strapped Pakistan seeking 24th bailout, IMF confirmsPakistan seeks its 24th medium-term IMF bailout, aiming for permanent structural reforms. The agreement unlocks $1.1 billion, focusing on f...
- Pakistan: Electricity demand to surge by 48 percent in next decade, need to build power plants within deadlinesFollowing the soaring demand of electricity, Pakistan may need to build power plants within respective deadlines and bring in additional ch...
- Pakistan does not meet minimum requirements of fiscal transparency: US reportThe CPEC is a planned network of roads, railways, and energy projects linking China's resource-rich Xinjiang Uyghur Autonomous Region with ...
- Pakistan does not meet minimum requirements of fiscal transparency, says US reportIn its annual "2020 Fiscal Transparency Report" issued on Monday, the US State Department said Pakistan was one of the countries that made ...
- China-Pakistan Economic Corridor is illegal: IndiaThis so-called illegal ‘China-Pakistan Economic Corridor’ (CPEC) passes through parts of the Union Territories of Jammu & Kashmir and Ladak...
- IMF approves $6 bn loan for Pakistan with tough conditionsThe aid includes an immediate disbursement of $1 billion to help Pakistan address its balance of payment crisis.
- "Decisive" policies and reforms must for Pakistan's economic stability: IMFThe funding, which still needs approval from the International Monetary Fund's management, would be provided over three years.
- IMF demands details of Pakistan's financial assistance deal with China: ReportThe International Monetary Fund mission is in Pakistan and holding talks with officials over arranging an unspecified amount to help in add...
- China expected to give $6 billion in aid to Pakistan as PM Imran Khan meets President Xi Jinping: ReportA loan of USD 1.5 billion is also expected to be offered, along with an additional package of USD three billion for the China-Pakistan Econ...
- Trump administration proposes massive $190 million cut in aid to PakistanLast year, the US assistance to Pakistan under the State Department budget was $534 million, which included $225 million towards foreign mi...
- Pakistan government to reduce budget deficit to 4 per cent of GDPThe Finance Minister said that the foreign exchange reserves had increased to $14 billion and can touch $15 billion by the end of this mont...
- Obama admn asked to ensure Pak doesn't use aid for N-programmeVoicing serious concerns over the increasing nuclear arsenal of Pakistan, a top US Senator has sought a clear assurance from the Obama admi...
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