The chief engineer of Guddu Barrage in Pakistan's Sindh province has advised growers not to go for paddy sowing in May and June as the barrage as well as the province are experiencing 'worst water shortage in 60 years'. ...
Pakistan's leading economists have expressed their doubts over the provisional estimate of 3.94 per cent GDP growth rate in the country and said it negates Imran Khan-led government's own estimate of 2.9 pc GDP growth approved by the federal cabinet ...
The cash-strapped Pakistan government is considering the imposition of income tax on monthly pensions in a bid to recover heavy tax losses amounting to Rs 1.4 trillion, amid pressure from the International Monetary Fund (IMF) to reconsider its tax la ...
In violation of the International Monetary Fund (IMF) agreement, the Imran Khan-led government has asked the Auditor General of Pakistan (AGP) to delay a special audit report on COVID-related spending after the auditors unearthed serious irregulariti ...
The share of US dollar reserves held by central banks fell to 59 per cent -- its lowest level in 25 years -- during the fourth quarter of 2020, according to a recent survey by the International Monetary Fund (IMF). ...
The United Arab Emirates (UAE) has extended the term of USD 2 billion interest-free loan to Pakistan made in January 2019, as Islamabad's economy continues to struggle with sluggish growth amid the coronavirus pandemic. ...
As Pakistan's financial debt continues to mount, the World Bank has set tough conditions for USD 1.5 billion lending such as an increase in electricity rates, introduction of new power and tax policies, putting the Imran Khan-led government in a tigh ...
