World Economic Outlook report sees higher current account deficit this fiscal۔
Economy
Gas deficit looms large as PLL fails to procure eight LNG cargoes.
Energy ministry official says prices of LNG in spot market have increased mainly because of high demand by EU countries.
Demand for LNG has also been driven as China is abandoning power generation based on coal as fuel.
Next installment worth $1 billion is likely to be received if talks are successful.
“Policy talks between Pakistan and IMF will continue from October 13 to 15,” officials say.
Spokesperson for federal minister for finance confirms technical level talks with IMF concluded on a good note.
The government is scrambling to limit the imports bill by slapping tariff and non-tariff barriers on nonessential imports
Managing currency valuation consists in managing market expectations. Has the government got what it takes to stabilise the rupee?
Parsing the government’s recent shift to a hands-on approach to inflation in the face of the IFI’s prescriptions pointing in the opposite direction.
No respite for the common citizen on the horizon as Pakistan prepares to face an IMF pushing for higher utility prices
Pakistan stock market has become vulnerable to speculations and 100-index is losing its worth rapidly