The International Monetary Fund (IMF) confirmed on Thursday that it had reached a staff-level agreement with Pakistan on the combined seventh and eighth reviews for a $6 billion loan facility, a development that paves the way for the release of the much-awaited $1.17bn. In a statement on its website, the …
Read More »Another jump sees petrol near Rs250
• New ex-depot rates of HSD and LDO stand at Rs276.54 and Rs226.15 per litre • Country’s fuel consumption jumped 20pc in last two months despite rising prices • Miftah says petroleum levy applied to revive stalled IMF loan programme ISLAMABAD: As committed to the International Monetary Fund (IMF), the …
Read More »Pakistan receives combined IMF targets for 7th, 8th reviews: Miftah
Pakistan has received combined economic and financial targets for the seventh and eighth reviews of its International Monetary Fund bailout programme, finance minister Miftah Ismail said on Tuesday. “Early this morning, the Government of Pakistan has received an MEFP from the IMF for combined 7th and 8th reviews,” Ismail tweeted. …
Read More »BUDGET 2022-23: Govt eyes coffers of wealthy to appease IMF
• 10pc ‘super tax’ on 13 large industries to generate Rs465bn • High net worth individuals subject to ‘poverty alleviation tax’ • Rs50 per litre levy on petroleum products • Tax exemption limit revised from Rs1.2m to Rs600,000 ISLAMABAD: The coalition government announced new tax measures on Friday, including a 10 …
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