Karachi, January 12, 2024 : The Pakistan Stock Exchange (PSX) experienced a second consecutive session of increased buying activity on Friday, spurred by the positive outcome of the International Monetary Fund’s (IMF) Executive Board completing the initial review of Pakistan’s economic reform program. As per the PSX website, the KSE-100 index surged by 565.79 points,…
Islamabad, December 25, 2023 : The Finance Ministry categorically dismissed as unfounded the news broadcast by a private channel, which claimed a delay in releasing funds for development projects and salaries. In a counter statement, the Ministry’s spokesperson declared that the news aired on a private channel, alleging a delay in releasing funds for development…
Islamabad, November 10, 2023 : According to sources, Pakistan has been ‘urged’ by the International Monetary Fund (IMF) to ensure the rigorous enforcement of anti-money laundering laws. In Islamabad, discussions were held for the upcoming review related to the disbursement of the $700 million loan tranche. Officials from the Federal Board of Revenue (FBR) and…