Search result for 'sifc'

IMF says Pakistan can boost GDP by 6.5% with governance reforms. Report highlights corruption, transparency, and economic challenges.

The IMF has proposed a tax target of over Rs 15 trillion for Pakistan in the next budget, aiming to increase the tax-to-GDP ratio to 13%. The decision comes after the IMF urged Pakistan to refrain...

Pakistan faces USD 100 billion external financing needs and cannot afford to exit the IMF program. The country relies heavily on foreign creditors and struggles to meet tax targets.

Pakistan acknowledges challenges in meeting IMF program targets, including missed deadlines for debt maturity, health and education spending, and tax revenue goals.

Two Chinese companies are investing in textile plants in Pakistan, aiming to boost the country's exports and create jobs. The move is expected to bring in millions of dollars in investment and...

Pakistan government abandons new Export Processing Zone (EPZ) plan due to IMF restrictions, highlighting the lender's influence on Pakistan's economic decisions.

Pakistan plans to privatize dozens of state-owned enterprises, including PIA, to secure an IMF bailout and revive its struggling economy. The move has generated controversy, with some arguing it's...

The IMF has asked Pakistan to ensure transparency in the Special Investment Facilitation Council and share a draft investment policy as the country seeks a fresh bailout. The lender also inquired...

Pakistan Prime Minister Shehbaz Sharif met with IMF Chief Kristalina Georgieva in Riyadh to discuss a new loan program for the cash-strapped country. The meeting comes as the IMF is expected to...

Pakistan's new coalition government faces a critical decision on appointing a finance minister, with Ishaq Dar's experience and potential conflicts of interest weighing heavily.

Pakistan and Saudi Arabia have reached a consensus on investment terms, paving the way for a long-awaited free trade agreement with the Gulf Cooperation Council (GCC).