Lenders ask Pakistan government to stop funding public universities
The lenders want all public sector universities to generate their resources by increasing the quality of education, student fees, and innovative use of their vast lands and…
Khaleeq Kiani
Pakistan govt races to finalise $6.8 billion railway deal
During a meeting on the China-Pakistan Economic Corridor on October 2, Planning Minister Ahsan Iqbal urged the ministries of railways and finance to conclude the financing terms…
Pakistan, IMF extend talks to conclude standby arrangement review
Sources say that the two sides had agreed on a set of contingency measures to address gaps in data in case of any slippages for the period ending March 31.
Pakistan eyes ‘larger, longer’ bailout package
The government declared its intention on Tuesday to negotiate a “longer and larger” economic bailout package with the International Monetary Fund (IMF),…
Pakistan urged to revive five-year development planning
The IMF’s guidance comes immediately after the two sides reached a staff-level agreement on the first review of a $3 billion bailout.
Pakistan’s state-run firms worst in Asia: World Bank
On an annual basis, these entities together swallow more than Rs458 billion in public funds to stay afloat as their combined loans and guarantees surged to almost 10 per cent of…
Assurances from PM’s trip may ‘smooth over’ Dar’s return
The change of command at the Ministry of Finance comes during a dark time for the country’s economy, hounded by fears of a default.
Pakistan set to lift import ban on luxury items
The government is set to begin removing restrictions on the import of “non-essential and luxury items” and provide energy at subsidised rates.