The International Monetary Fund (IMF) on Thursday warned that continued disruptions from the Iran war are pushing the global economy closer to an “adverse” scenario marked by slower growth, tighter financial conditions and rising inflation risks, AFP reported.Last month, the IMF’s World Economic Outlook projected global growth at 3.1 per cent for 2026 under its…
Stocks slid on Monday as persistent foreign selling and underwhelming corporate earnings kept investors risk-averse, with political noise and uncertainty around IMF-linked policy direction adding to the pressure. The Pakistan Stock Exchange’s benchmark KSE-100 Index traded between a high of 179,969.22 (up 365.49 points, or 0.20%) and a low of 173,574.26 (down 6,029.47 points, or…
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The International Monetary Fund (IMF) has announced that discussions on Pakistan’s fiscal year 2026 (FY26) budget will continue over the coming days, following the conclusion of a staff-level visit to Islamabad. The mission’s conclusion comes hours after the federal government announced it would now present the Budget 2025-26 on June 10, a delay from the…
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The stock market extended its record-breaking streak on Friday, fuelled by positive investor sentiment over the government’s electricity relief package, falling inflation, and optimism surrounding the International Monetary Fund (IMF) programme. The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index surged to an intraday high of 120,796.67, gaining 1,858.56 points, or 1.56%. The day’s low was…
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Finance Minister Muhammad Aurangzeb has assured the government’s resolve to stand firm by its commitments to the $7 billion International Monetary Fund (IMF) programme. “We are in a three-year Fund programme and know where we are, what we have committed and we are going to stay firm on those commitments,” said the finance minister while…
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The director of the IMF Asia Pacific department, Krishna Srinivasan, revealed that India will continue to be the world’s fastest-growing economy, as long as the country’s macroeconomic fundamentals remain strong.In an interview on Tuesday, he told PTI, “India is expected to remain the fastest-growing economy in the world. We project growth at seven percent in…
The government in Islamabad has said it is making good progress with the International Monetary Fund (IMF) and hopes to get board approval in September for a new $7 billion loan programme. “We are making good progress with the IMF for Board approval in September,” Finance Minister Muhammad Aurangzeb said on Wednesday in a text…
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The International Monetary Fund (IMF) is considering a new bailout package for Pakistan under its Extended Fund Facility (EFF), according to Julie Kozak, the IMF’s director of communications. In a press briefing held in Washington, Kozak highlighted the significant progress made during the recent IMF mission’s visit to Pakistan from May 13 to 23. Kozak…
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The federal government is preparing to announce new petrol price with an increase of Rs 10 per litre from April 1, fuelling inflation in the county. However, if the authorities gave in to the IMF demands petrol price may increase by up to Rs50 per litre. The prices will rise due to the premium on…
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The International Monetary Fund (IMF) has called upon Pakistan to revisit the National Finance Commission (NFC) award with the provinces. This demand came during the second day of talks between Pakistani officials and the IMF under the second review of the $3 billion standby arrangement (SBA). Article 160 of the Constitution authorizes the president to…
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