MAJU hosts a seminar on IMF Program
Mohammad Ali Jinnah University (MAJU) recently hosted a seminar on Pakistan’s economic situation and the latest agreement with the International Monetary Fund (IMF) at the campus.
Speaking at a seminar, Director at the Center for Excellence in Islamic Finance (CEIF)-IBA Ahmed Siddiqui underscored the crucial role of the IMF in stabilizing the country’s current account and the option of utilizing the international lender’s Islamic financing program.
Adil Aziz
Final review of SBA for $1.1 billion tranche with IMF positively concludes
Pakistan and International Monetary Fund (IMF) reached a staff-level agreement on the second and final review of the 9-month Stand-By Arrangement (SBA) for the final tranche of US$1.1 billion in April.
Final IMF SBA review to start on Thursday
The second and final review of Stand-By Arrangement (SBA) with the International Monetary Fund (IMF) is scheduled from March 14 to 18 in Islamabad, finance ministry reported.
Mehfooz
Macroeconomic stabilization leads to improvement in economic activities: Report
The country’s economy experienced a notable stabilization during the first half of the current fiscal year 2023-24, owing to implementation of effective measures and prudent policies by the interim government that played a pivotal role in achieving this milestone.
Editor
IMF Board approves $700 Million for Pakistan
The Executive Board of the International Monetary Fund (IMF) completed the first review of Pakistan’s economic reform programme supported by its Stand-By Arrangement (SBA).
SBP releases annual report of 2022-23
The fiscal year 2023 was extraordinarily challenging, with a host of external and domestic shocks, amplified by lingering structural weaknesses, contributing to persistently high inflation amid a contraction in economic activities, according to Governor’s Annual Report (GAR) for fiscal year 2022- 23 released by the State Bank of Pakistan (SBP) today.
IMF demand to restructuring independent HR board of four SOEs
The National Highway Authority (Amendment) Ordinance, 2023 Pakistan Postal Services Management Board (Amendment) Ordinance 2023, Pakistan National Shipping Corporation (Amendment) Ordinance 2023, Pakistan Broadcasting Corporation (Amendment) Ordinance 2023 The Secretaries of all the concerned ministries briefed the President as to the urgency of these ordinances as the matter was agreed upon with the IMF in July this year regarding these four SOEs.
PSX set new records to crosses 61,000 Points of 100 index
The benchmark index of the Pakistan Stock Exchange continued its bullish run on Wednesday(Nov 29) to cross the 61,000 barrier in a record high.
Donor agencies to release $1.5 quick financial assistance after SBA approval by IMF board: Dr. Shamshad Akhtar
Federal Minister for Finance and Revenue, Dr. Shamshad Akhtar said that Pakistan would get quick disbursement of financial assistance from various multilateral institutions once the first review of the Stand-By Arrangement (SBA) is approved by the International Monetary Fund (IMF) Executive Board next month.
FPCCI has demand of reduces petroleum prices to Rs.20
Mr. Irfan Iqbal Sheikh, President FPCCI, has demanded that the federal government should announce a reduction of 18 – 20 rupees per liter in the prices of petroleum products as international oil prices are showing a declining trend….