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Gold prices soar by Rs100 per tola in Pakistan; IMF funding hopes lift stocks, bonds

28 May 2022

Gulf Today Report Pakistan's stocks, sovereign bonds and currency were lifted on Friday by growing hopes that the country can unlock funding from the International Monetary Fund after the...

IMF funding hopes lift Pakistan stocks, bonds

27 May 2022

Pakistan’s stocks, sovereign bonds and currency were lifted on Friday by growing hopes that the country can unlock funding from the International Monetary Fund after the government’s overnight decision to...

IMF to release $900m when Pak removes fuel price caps

26 May 2022

Pakistan and the IMF have worked out the outlines for the release of over $900 million in funds that would come through once Pakistan removes its fuel subsidies, a Pakistani...

Economic outlook has ‘darkened,' world and business leaders warn

23 May 2022

Multiple threats to the global economy topped the worries of the world’s well-heeled at the annual Davos think-fest on Monday, with some flagging the risk of a worldwide recession. Political...

Pakistani rupee drops to record low against US dollar amid talks with IMF

19 May 2022

Pakistan’s currency plummeted to an all-time record low in intraday trading against the US dollar on Thursday, amid uncertainty about the success of crucial talks between the International Monetary...

Pakistan opens talks with IMF seeking more cash

18 May 2022

Pakistan opened long-delayed talks with the International Monetary Fund on Wednesday, seeking the release of more funds from a $6 billion rescue package agreed in 2019 to help shore up...

Sri Lanka, IMF to start next round of technical talks

07 May 2022

The International Monetary Fund (IMF) announced it will begin the next round of technical discussions with Sri Lanka from May 9-23 IMF’s mission chief for Sri Lanka, Masahiro Nozaki said...

Pakistan names new central bank chief as talks on stalled IMF programme resume

04 May 2022

Pakistan named a deputy governor of the central bank as its new chief on Wednesday as the country restarts talks with the International Monetary Fund (IMF) on a stalled...

IMF sees bumper year for Arab oil producers, risk for others

27 Apr 2022

The world’s economy is forecast to grow around 3.6% this year, but Arab oil exporters are seeing a windfall from high energy prices that will buoy their economies and replenish...

Pakistan willing to curb fuel subsidies: Minister

23 Apr 2022

Pakistan’s new finance minister on Friday agreed with IMF recommendations to reduce fuel subsidies and end a business tax amnesty scheme, pledging to pursue structural reforms to boost a crisis-wracked...

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