This year’s budget, like last year’s, is widely considered to be crafted to align with the International Monetary Fund’s (IMF) requirements to secure another bailout, this time “larger and longer”. The finance minister thanked Prime Minister Shehbaz Sharif, his elder brother and PML-N leader Nawaz Sharif as well as various …
The strong 6.25pc expansion in the agriculture sector — said by the report to be the highest in 19 years — drove Pakistan’s GDP growth by an expected 2.38 per cent in FY2024, recovering from a contraction of 0.21 per cent in the previous year. The report said fiscal discipline …
Federal Finance Minister Muhammad Aurangzeb on Friday provided updates on the country’s economic recovery efforts, emphasizing the positive strides made in various sectors. Addressing an event at the Pakistan Stock Exchange, the minister revealed that the current account deficit had remained in surplus throughout February. He further stressed the pivotal …
Finance Minister Muhammad Aurangzeb said on Friday that the matter of an Extended Fund Facility (EFF) with the International Monetary Fund (IMF) will be discussed in Washington next month as the country looks to alleviate a full-scale economic crisis. The standby $3 billion arrangement with the global lender expires on …
