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Pakistan’s plan to upgrade refineries to produce high-quality fuel faces challenges after the IMF refused tax exemptions on imported machinery. Acceptance of the IMF’s 18% tax on petroleum products ...

The IMF has emphasised that consistent progress on these reforms is crucial for Pakistan to secure future disbursements under ...

Pakistan’s bailout story is no longer about relief, it is about the cost of survival. The IMF has tightened the leash with 64 ...

Kristalina Georgieva, managing director of the International Monetary Fund, told China Daily reporter that China's 14th ...

The International Monetary Fund (IMF) has released a $1.2 billion tranche to Pakistan, confirmed by the State Bank of Pakistan. According to State Bank of Pakistan officials, $1 billion of the amount ...

Cyclone Ditwah has devastated critical infrastructure and disrupted key sectors, threatening Sri Lanka's already fragile economic recovery program.

The developments signal the IMF’s determination to enforce deep, systemic changes before further tranches of the loan are ...

The conditions came just a day after the IMF on Thursday (Dec 11) released the $1.2 billion as part of its ongoing loan ...

Value of the gold reserves increased by $1.188 billion to $106.984 billion during the week, the RBI said. The Special Drawing Rights (SDRs) were up by $93 million to $18.721 billion, the apex bank ...

Buying momentum was observed throughout the trading session, pushing the KSE-100 to an intra-day high of 170,052.87. At close ...

For the week ended December 5, foreign currency assets, a major component of the reserves, decreased by $151 million to ...