Petrol-diesel price hike coming soon? Why IMF says it mustSpeculation mounts over potential petrol and diesel price hikes as assembly elections conclude, despite government assurances. The IMF urge...
Pakistan, ‘strangled’ by economic strain, steps up Iran peace pushPakistan's economy is struggling due to the US-Israel war on Iran. Rising fuel costs and rolling blackouts are devastating businesses. Cons...
Deutsche Bank CEO says 'everyone' trying to access Anthropic's Mythos as global regulators review risksDeutsche Bank CEO Christian Sewing said on Monday that banks were in close contact with European watchdogs about Anthropic's Mythos as regu...
UAE asks US for a wartime financial lifeline as Iran conflict drags: ReportThe United Arab Emirates is in discussions with the United States regarding a potential financial backstop. This measure is being considere...
Pakistan to repay USD 1.5 billion outstanding UAE debt by April 23Pakistan's central bank plans to settle a USD 1.5 billion loan with the United Arab Emirates by April 23. This move follows a USD 2 billion...
Global Market: Japan says recent yen moves driven by speculative tradeJapan's Finance Minister Satsuki Katayama attributed recent yen movements largely to speculative trading, following news of the Strait of H...
Let oil prices hurt: IMF cautions against govt shielding consumersThe IMF is urging governments to let fuel prices rise, warning that broad subsidies and price caps worsen global energy shocks. Allowing pr...
US Israel-Iran War Day 47: Pakistan mediation, IMF risk warnings and Trump’s ceasefire optimism drive parallel tracksIran War Day 47 Updates: The Iran-Israel war continues with signs of peace talks emerging. US President Donald Trump believes the conflict ...
For a few billion dollars, Pakistan has landed in dire straitsPakistan is facing big economic stress after the UAE has demanded repayment of a multibillion-dollar deposit. This has strained the country...
Pakistan says all options on table for funding, weighs strategic fuel reservePakistan is exploring various financing options, including Eurobonds and commercial debt, to replace a $3.5 billion UAE facility and bolste...
India received highest number of regressive tax recommendations from IMF: OxfamAn Oxfam report highlights the International Monetary Fund's (IMF) tax advice. India received the most regressive recommendations between 2...
Economic shock of Middle East war to cast shadow over IMF, World Bank meetingsGlobal finance leaders are meeting amid the Middle East war, a third major shock impacting the world economy. The IMF and World Bank are do...
IMF asks for details as Pakistan plans relief in electricity bills amid protestsThe International Monetary Fund (IMF) has requested Islamabad to provide a written plan after the government decided to seek clearance from...
Lack of tenable answers to the IMF may delay release of funds to Pakistan: ReportPakistan had in the current fiscal, estimated flood-related reconstruction costs at PKR 251 billion (USD 1.1 billion). The IMF had asked Pa...
IMF asked Pakistan to show how it would fund $1.5 bln subsidy packageThe International Money Fund (IMF) had said it needed Pakistan to explain how it would fund a $1.5 billion subsidy package announced by Pri...
IMF asks countries to refrain from protectionismGlobal cooperation is needed on addressing international tax issues including transparency, coping with challenges of non-economic origin, ...
- IMF asks Japan to push ahead with sales tax hike
The IMF asked Japan to push ahead with a controversial consumption tax increase Wednesday, as part "early and credible" fiscal reforms to c...