IMF explains how country can realise its export potential

A woman walks past an International Monetary Fund headquarters(IMF) building in Washington, DC on April 5, 2021. (AFP/File)
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Updated 07 July 2022

IMF explains how country can realise its export potential

July 6: The Business Recorder reported that the International Monetary Fund (IMF) Resident Representative, Esther Perez Ruiz has said that Pakistan needs proactive policies – exchange rate flexibility, efficient allocation of resources, elimination of untargeted subsidies, and creating a conducive business environment in the country to realise the export potential. Read more I


‘Where will we go?’: Family of 10 loses home to deadly Pakistan floods

Updated 05 October 2022

‘Where will we go?’: Family of 10 loses home to deadly Pakistan floods

October 4: South China Morning Post has reported after months of devastating floods in Pakistan, a family of 10 has returned home only to find most of it in ruins. They’re not alone, as thousands of other families across the country have been left homeless and without farmland to make a living. Read more I 


Railways suffered Rs525bn losses: minister

Updated 05 October 2022

Railways suffered Rs525bn losses: minister

October 5: Business Recorder reported Federal Minister for Railways Khawaja Saad Rafique has said that Pakistan Railways suffered Rs 525 billion losses in the wake of the worst ever flooding that drowned one-third of the country. Read more I 


Pakistan did not breach IMF’s condition by slashing petrol price: Aisha Ghaus Pasha

Updated 05 October 2022

Pakistan did not breach IMF’s condition by slashing petrol price: Aisha Ghaus Pasha

October 4: The News has reported that Pakistan has not breached any of the conditions laid forth by the International Monetary Fund (IMF) after the government reduced the price of petroleum products, assured Minister of State for Finance and Revenue Aisha Ghaus Pasha on Tuesday. Read more I 


Pakistan Currency-Crisis Odds Exceed 50% as Floods Undo Progress

Updated 05 October 2022

Pakistan Currency-Crisis Odds Exceed 50% as Floods Undo Progress

October 4: Bloomberg has reported that the odds of Pakistan facing a currency crisis in the next 12 months now exceed 50% following floods that killed thousands of people and displaced millions more, a Bloomberg Economics risk model showed. Read more I 


ISI, IB DGs included in high-level committee to probe PM House audio leaks

Updated 05 October 2022

ISI, IB DGs included in high-level committee to probe PM House audio leaks

October 4: GEO News has reported that the government Tuesday announced the formation of a high-powered committee to probe the audio tapes leaked from the Prime Minister's House. Read more I