IMF

APP Islamabad: The International Monetary Fund (IMF) board has approved a 37-month Extended Fund Facility (EFF) program for Pakistan, totaling $7 billion, with the immediate release of approximately $1 billion as the first tranche. A…

AFP/APP Colombo: Sri Lanka's newly elected leftist president, Anura Kumara Dissanayake of the People's Liberation Front (JVP), is expected to call for snap parliamentary elections as he aims to renegotiate the country’s contentious…

AFP/APP Colombo: Cash-strapped Sri Lanka began voting for its next president on Saturday in what is seen as an effective referendum on the unpopular International Monetary Fund (IMF) austerity plan, implemented after the island nation’s…

APP Islamabad: The Pakistan Stock Exchange (PSX) has emerged as one of the top-performing global markets in 2024, according to a Bloomberg report. The report highlights that Pakistan’s stock market has been buoyed by an improving…

APP Islamabad: The Pakistani rupee experienced a slight slip today, falling by 10 paisa against the US dollar in interbank trading. It closed at Rs 278.50, down from the previous day's Rs 278.40. In the open market, the dollar's rates…

News Desk Lahore: Punjab Chief Minister Maryam Nawaz Sharif has said that the May 9 culprit has confessed to planning and orchestrating the riots. In a statement on Tuesday, she said that it is not a party, but an anarchist group…

Aurangzeb Nadir/ Meherullah Jameel Turbat: The fiscal year 2024-25 budget, presented by Finance Minister Aurangzeb on June 12, totals a historic Rs18.877 trillion. This budget aims to satisfy political allies and secure a bailout from…

Shazia Mehboob Islamabad: The spring meetings of the International Monetary Fund (IMF) and the World Bank are set to commence with a focus on two critical issues: combating climate change and addressing the challenges faced by heavily…

Editorial Speaking to the Urdu Daily Jang, the Minister for Defense, Khawaja Asif, said that an estimated 26 ‘arab’ worth of tax cases are going through the courts. Instead of paying the tax, people resort to courts in order to delay…

APP Chitral: The Trich Mir Mountain in Pakistan recently received its first snowfall, creating a serene atmosphere with cold breezes and chirping birds. This mountain is the highest peak in Pakistan outside of the Gilgit-Baltistan…