Cash-strapped Pakistan, IMF agree to extend stalled bailout package, increase loan size to $8bnThe Pakistan Tehreek-e-Insaf government and the IMF had signed a 39-month Extended Fund Facility (July 2019 to September 2022) with a total...
IMF remains unconvinced by Pakistan govt's amnesty schemeThe Dawn newspaper reported that the international body was left unconvinced by the Pakistan Tehreek Insaf (PTI) government's justification...
Pakistan raises $1 bn through Islamic bond at record interest to keep forex reserves afloatPakistan has raised a whopping USD 1 billion loan through the Sukuk bond at a record 7.95 per cent interest rate, the highest cost that the...
Pakistan facing difficulties in providing help to Taliban government in Afghanistan without its recognition: ReportThe biggest challenge for the Afghan administration was the void created by a major exodus of technical and financial experts soon after th...
Pakistan moves to bring cryptocurrency boom out of the darkPakistan has seen a boom in trading and mining cryptocurrency, with interest proliferating in thousands of views of related videos on socia...
RBI Guv expresses optimism about COVID situation following roll-out of vaccinesDas led the discussions on progress made under the SAARCFINANCE initiatives, achieved with the all-round cooperation of the SAARC central b...
RBI Guv Shaktikanta Das chaired SAARC FINANCE Governors’ Group, member nations discussed current initiativesSAARCFINANCE is a network of central bank governors and finance secretaries of the SAARC region. The Reserve Bank of India is the current c...
Pakistan plans to tap pockets of citizens overseas to boost reservesThe plan involves allowing non-resident Pakistanis to open digital accounts starting next week to allow the diaspora to invest in one of As...
From zero to hero: Pakistan bonds evoke Egypt’s success taleGlobal investors are piling into Pakistan’s local-currency bonds like never before.
Fearing blacklisting, Pak PM plans to meet FATF leadersImran Khan could also utilise the opportunity to focus on Kashmir issue after failing to garner international support on his narrative
Inaction on terror funding could see Pakistan in black listPakistan failed on 10 of the 11 parameters it was assessed on at the Asia-Pacific Group (APG) for inaction on terrorism finance and money l...
Pakistan submits compliance report to FATFThis round is not directly linked to Pakistan's performance on its commitments with the FATF on money laundering and terror-financing, but ...
Powell just one global central banker under political pressureThe independence that monetary policy makers have traditionally enjoyed is under threat.
"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.
Pakistan reaches agreement with IMF, to get $6 billion over 3 yearsPakistan would receive $ 6 billion worth of assistance under the IMF programme over a period of three years.
Pak appoints ex-IMF official as new SBP governorThe government also appointed Ahmed Mujtaba Memon as the chairman of the FBR.
Pakistan appoints Reza Baqir as new central bank governorPAKISTAN-ECONOMY/CENBANK (URGENT)Pakistan appoints Reza Baqir as new central bank governor