Pakistan has so far received a total of $9.1b in financial aid packages. File
Pakistan will share the details of the federal budget with the International Monetary Fund (IMF) board, which is scheduled to meet on July 3, after its passage in the National Assembly.
Pakistan Prime Minister Imran Khan’s government vowed to collect more taxes and make cuts in spending in a closely watched budget presented to parliament Tuesday, weeks after reaching a deal with the IMF for a $6 billion bailout.
Prime Minister Imran Khan and his finance team have accused previous governments of interfering in the bank's operations such as propping up the rupee artificially to the detriment of imports.
With effect from October 8, the deposit or exchange of Rs2,000 notes at bank branches will be stopped. However, Rs2,000 notes will continue to be legal tender even after October 7, but can be exchanged only at RBI offices, the central bank said.
China’s factory activity expanded for the first time in six months in September, an official survey showed on Saturday,
Pakistan’s largest coal miner Sindh Engro Coal Mining Co (SECMC) expects to boost its output by 51.3% in 2024, its Chief Executive told Reuters,