Pakistan slashes interest rate to 11% as Trump’s tariffs and rising India tensions push its fragile economy to the edge; IMF aid expected soon.

Pakistan will close 1,000 Utility Stores and cut thousands of jobs by June 30 following IMF's cost-cutting demands. So far, ...

Ahead of the IMF delegation's visit on May 14, Pakistan is reviewing Budget 2025-26 proposals, including a 2.5% income tax on ...

The federal government is planning to introduce a small income tax on higher pensions in the upcoming financial year's budget ...

By Gibran Naiyyar Peshimam and Charlotte Greenfield ISLAMABAD/BELA NOOR SHAH, Pakistan (Reuters) - Pakistan carried out a ...

Pakistan tensions will weigh on Pakistan’s growth and forex reserves but have limited economic impact on India due to minimal ...

Parameswaran Iyer appointed as India's nominee director at IMF, crucial financial decisions including Pakistan's bailout on ...

The report points out that amid heightened geopolitical posturing, further flare-ups could impair access to external ...

Finance Minister Nirmala Sitharaman met Asian Development Bank (ADB) President Masato Kanda in the Italian city of Milan on ...

India is making all-out efforts to isolate Pakistan at international stage, besides ensuring drying of development-related funding and bailout packages by multilateral agencies and nations. Finance ...

Pakistan carried out a second missile test in three days on Monday after saying it was preparing for an incursion by India, ...

In 2019, 47 percent of Pakistan’s external debt came from multilateral agencies, by December 2024, the country’s reliance on ...