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programme

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Finance Minister Aurangzeb stresses need for new IMF programme

  • 3 min
Finance Minister Aurangzeb stresses the need for a new IMF program, aiming for a staff-level agreement by the end of next fiscal year. He discusses the upcoming IMF meeting, economic improvements, tax reforms, and the importance of the capital market. Additionally, he visits Utility Stores Corporation to review the Ramadan Relief Package.
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Pakistan likely to sign fresh IMF loan programme

  • 2 min
Pakistan is likely to sign a new three-year loan program with the IMF to replace the current one. The program will include sharing budget proposals for FY-2024-25 and committing to raising electricity and gas prices while reducing subsidies. The new conditions are expected to be tougher than the current program.