Finance ministry says report on Dar being handed budget-making process ‘misleading, incorrect’ – Business
The Ministry of Finance said on Thursday that a media report claiming Deputy Prime Minister and Foreign Minister Ishaq Dar had been handed the budget-making process was “misleading” and “factually incorrect”. The clarification came after a report published by The Express Tribune said the government had “handed over the responsibility of making the new budget […]
FinMin departs for China to attend Pakistan’s inaugural Panda Bond issuance ceremony
Ceremony marks Pakistan’s first-ever Panda Bond issuance, giving access to China’s capital market, ministry says Pakistan Finance Minister Muhammad Aurangzeb speaks during an interview at the International Monetary Fund and World Bank Group’s annual spring meetings in Washington DC, US, April 13, 2026, PHOTO: REUTERS Finance Minister Muhammad Aurangzeb departed for China on Thursday […]
Finance minister discusses budget preparations with visiting IMF mission – Business
Finance Minister Muhammad Aurangzeb on Wednesday discussed preparations for the upcoming federal budget and the country’s broader reform agenda with the International Monetary Fund (IMF) visiting Islamabad, the finance ministry said. He briefed the delegation on the country’s macroeconomic outlook, fiscal strategy, reform priorities, and the government’s ongoing efforts to ensure sustainable economic stability and […]
SBP says it has recieved $1.3bn tranche from IMF – Business
The State Bank of Pakistan (SBP) said on Wednesday that it had recieved $1.3 billion from the International Monetary Fund (IMF). “The IMF Executive Board completed the third review under the Extended Fund Facility (EFF) in its meeting held on May 8 and approved the disbursement of SDR 760 million for Pakistan. Furthermore, the IMF […]
SBP says it has recieved $1.3bn tranche from IMF – Business
The State Bank of Pakistan (SBP) said on Wednesday that it had recieved $1.3 billion from the International Monetary Fund (IMF). “The IMF Executive Board completed the third review under the Extended Fund Facility (EFF) in its meeting held on May 8 and approved the disbursement of SDR 760 million for Pakistan. Furthermore, the IMF […]
Pakistan receives $1.3b tranche from IMF: SBP
SBP says IMF Executive Board has also approved disbursement of second tranche of SDR 154 million under RSF The government wants to accelerate economic growth to lower rising poverty and unemployment, but the IMF was of the view that Pakistan has not yet reached a stage where it can afford sustainably higher economic growth. PHOTO: […]
KSE-100 drops 665 points after early surge
Trading volume stands at 284,031,410 shares with a total traded value of Rs12,022,767,811 Overall market participation was strong, as 1,066 million shares were traded with a total value of Rs. 49 billion. KEL led the volume chart, with 195.8 million shares..Photo: Express KARACHI: In a volatile trading session on Tuesday, the Pakistan Stock Exchange (PSX) […]
PM extends austerity drive till June 13 to deal with impact of Middle East war – Business
Prime Minister Shehbaz Sharif on Monday extended the countrywide austerity drive till June 13. The Middle East war, which began with US-Israeli attacks on Iran on February 28, has given rise to a global oil crisis. In order to deal with the situation, the government had announced unprecedented austerity measures on March 9. A notification […]
IT exports expected to reach $4bn during current fiscal year, PM told – Business
Prime Minister Shehbaz Sharif was told on Monday that Pakistan’s information technology exports were expected to reach $4.5 billion to $4.6bn, according to the Prime Minister’s Office (PMO). The development came as the premier chaired meeting to review the affairs of the Ministry of Information Technology and Telecommunication. During the meeting, the premier was told […]
IT exports projected to reach $4bn during current fiscal year, PM Shehbaz told – Business
Prime Minister Shehbaz Sharif was told on Monday that Pakistan’s information technology exports were expected to reach $4.5 billion to $4.6bn, according to the Prime Minister’s Office (PMO). The development came as the premier chaired meeting reviewing the affairs of the Ministry of Information Technology and Telecommunication. During the meeting, the premier was told that […]