Sri Lankan President Anura Kumara Dissanayake’s leftist coalition won a thumping victory in a snap general election, gaining the power to push through his plans to fight poverty and…
IMF
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BusinessTop News
IMF approves much-needed $7bn bailout package for Pakistan
by NWMNewsDeskby NWMNewsDeskThe International Monetary Fund (IMF) approved the much-awaited $7 billion Extended Fund Facility (EFF) for Pakistan. The decision was made during an Executive Board meeting chaired by IMF Managing Director…
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The International Monetary Fund maintained its growth forecast of 3.3% for Nigeria’s economy for 2024, up from 2.9% last year, citing a pick-up in services and trade sectors. It added…
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Business
IMF wants Pakistan to tax agriculture, real estate, retail sectors
by NWMNewsDeskby NWMNewsDeskThe International Monetary Fund has urged Pakistani authorities to bring agriculture, real estate, and retail sectors into the tax net during an ongoing review of the $3 billion stand-by arrangement.…
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Pakistan has met all the prerequisite conditions of the International Monetary Fund with the latest hike in the prices of natural gas. The IMF team is scheduled to arrive in…
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Business
Pakistan seeks $1 billion oil facility from Saudi Arabia ahead of IMF talks
by NWMNewsDeskby NWMNewsDeskWith Pakistan set to begin review talks with the International Monetary Fund (IMF), the government has requested Saudi Arabia to provide a $1 billion oil facility on deferred payment for…
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Business
Gas prices expected to increase ahead of IMF’s economic review
by NWMNewsDeskby NWMNewsDeskGas prices in Pakistan are anticipated to witness a significant increase in the coming weeks, just ahead of the International Monetary Fund’s (IMF) economic review. The Ministry of Petroleum has…
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Caretaker Energy Minister Muhammad Ali has announced that the interim government will most likely take a decision on provision of relief in the electricity bills by Monday, saying detailed consideration…
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Top News
IMF okays relief for 4 million electricity consumers using less than 200 units: sources
by NWMNewsDeskby NWMNewsDeskThe International Monetary Fund has approved parts of the government’s proposals to provide relief in electricity bills, sources said on Thursday. The sources said that the government had once again…
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In a relentless surge, the value of the US dollar against the Pakistani rupee continued to rise, reaching an unprecedented high of Rs330 in the open market on Monday (today).…