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Benchmark index witnessed an increase of 36,992 points or 89.2% on an annual basis during FY24 to close at 78,445 points Pakistan is eyeing another loan program from the International Monetary Fund as it grapples with a macroeconomic crisis KARACHI   (   WEM NEWS  ) Pakistan’s stock market ended fiscal yearRead More →

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The spring annual meeting of the IMF and the World Bank will be held in Washington between April 15 and April 20 Finance ministers of IMF and World Bank member countries including Pakistan will participate in the ministerial meeting.  ISLAMABAD  (  Web News  ) The spring annual meeting of theRead More →

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IMF being main lender has not been able to meet single demand of Tehreek-Insaf Pakistan, seeking free, fair and transparent general election in Pakistan The Result of the General Elections in Pakistan, are very important for the IMF, World bank, ADB and other lenders and international financial institutions as wellRead More →

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IMF team holds meeting with PTI leadership at Zaman Park residence in Lahore A screenshot of a virtual meeting between the PTI leadership and IMF officials on Friday. — Photo via Imran Khan Instagram PTI leader Hammad Azhar said on Friday night that an International Monetary Fund (IMF) team visitedRead More →

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Ishaq Dar stresses upon IMF to deal with Pakistan like a member & not a beggar Says God-willing Pakistan would not default Says govt didn’t present current budget in the light of elections but on basis of growth Says govt has allocated Rs 42 billion for ECP for holding generalRead More →

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Pak rupee plunged 8.29% to a new all-time low of Rs.290.18 against the US dollar in interbank market KARACHI ( Web News ) Pakistani rupee plunged 8.29% (or Rs.24.07) to a new all-time low of Rs.290.18 against the US dollar in the interbank market on Thursday. The rupee continued itsRead More →

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There is need of changing economic policy for brining the country out of economic crisis: Professor Khursheed Ahmed We want to bring country out of economic crisis as the country could not be run on charity of IMF: Sirajul Haq big circuit houses, PM, CM, governors & houses of bigRead More →

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Imran Khan bore the brunt by ‘refusing to take dictation’ for the first time by any leader in 72 years: Shaukat Tarin  Says PTI wanted a strong interim govt to be in place & hold elections KARACHI ( Web News ) Former finance minister Senator Shaukat Fayyaz Ahmed Tarin onRead More →

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ISLAMABAD ( Web News) Talks between Pakistan and International Monetary Fund (IMF) reached an impasse after the latter raised concerns over Prime Minister Imran Khan’s relief package. Sources familiar with the development said that the global lender raised serious objections over the Prime Minister’s Relief Package for slashing down petrol,Read More →