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Oil price fall ‘good news’ for world economy: IMF

WASHINGTON: The plunge in oil prices since June may hurt some crude exporters but is overall a good thing for the world economy, Inter...

Promises to IMF in doubt as protests sap economy

ISLAMABAD:  Anti-government protests that have gripped Islamabad since mid-August could throw off course economic reforms Pakistan promi...

Control on forex movement suggested to save nosediving rupee

The Pakistan Economy Watch (PEW)   on Tuesday   expressed grave concern over retreat of rupee and suggested some control on free movement ...

IMF wants energy prices raised for environmental reasons

Islamabad: The International Monetary Fund (IMF) has said that energy prices in many countries are wrong because they do not reflect env...

BRICS creates development bank, ‘mini-IMF’

FORTALEZA: Leaders of the BRICS group of emerging powers on Tuesday created a Shanghai-based development bank and a reserve fund seen ...

Moody's has changed the economic rating of Pakistan from negative to positive

Karachi : The international rating agency; Moody's has changed Pakistan's economic rating from negative to a stable one. Ac...

Dar criticises PIA ‘go-it-alone’ approach

ISLAMABAD: Finance Minister Ishaq Dar on Thursday directed the secretary aviation division to keep the Privatisation Commission in th...

Pakistan economy improving, reform on track: IMF

DUBAI: The International Monetary Fund said Sunday that Pakistan has met nearly all of its quantitative performance markers, that its ...

IMF team visits Pakistan to review economic reforms

ISLAMABAD: Prime Minister Nawaz Sharif will face the first formal test of his economic policies this week during a visit by the Intern...

Multiple impacts of a falling rupee

The falling value of the rupee will have many fiscal and monetary implications, including an increase in the rupee-cost of external d...

S. Arabia offers $100m for hydropower project

ISLAMABAD: Saudi Arabia signed an agreement with Pakistan on Thursday to provide a loan of $100 million for the Neelum-Jhelum hydropo...

Dollar hits record high above Rs105

Dollar hits record high above Rs105 Karachi: The local currency plunged to record low against the dollar on Tuesday and, according to ...

Pakistan has plenty of economic potential, says IMF

Washington: The International Monetary Fund assured Pakistan on Sunday that it was willing to work with the country’s political and bu...

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