Pakistan exceeds the objective of the IMF while SBP reserves reach $ 14.5 billion Blogging Sole

Pakistan exceeds the objective of the IMF while SBP reserves reach $ 14.5 billion

 Blogging Sole

A bank employee has posts in US dollars. – Reuters SBP Forex reserves exceed the target of $ 13.9 billion indicated by the IMF. The figure reflects the improvement of the main ones of the current account balance. Reserves Sufficient to cover 2.5 months of imports: Expert. Karachi: The reserves of the Pakistan State Bank … Read more

The finance bill can be confronted with IMF objections for transactions by “ineligible people” Blogging Sole

The finance bill can be confronted with IMF objections for transactions by “ineligible people”

 Blogging Sole

A general view of the IMF’s headquarters in Washington. – AFP / File The lender based in Washington can seriously contest the changes. The revised bill presents an RS7M threshold for vehicle purchases. Annual limit of cash withdrawal fixed at RS100m for individual. Islamabad: the 2025-2026 updated finance bill, which suggests reducing thresholds to prevent … Read more

Pakistan persuading the IMF to drop the fertilizer rights hike Blogging Sole

Pakistan persuading the IMF to drop the fertilizer rights hike

 Blogging Sole

A participant stands near an IMF logo in the International Monetary Fund – Annual RĂ©unal de la Banque 2018 World Bank in Nusa Dua, Bali, Indonesia, October 12, 2018. – Reuters Pesticide tax dropped after the PM intervention. 12% of the TPS expected in the Fata / Pata regions. The agricultural tax will start over … Read more

Govt considers a 7.5% increase in remuneration, pensions despite the conditions of the IMF Blogging Sole

Govt considers a 7.5% increase in remuneration, pensions despite the conditions of the IMF

 Blogging Sole

Batteries of Pakistani rupees seen in this unclear image. – AFP / File Military incentives, pensions reforms under discussion. The RS17.5TR budget projected as SBP entries drop. TPS on cars can increase, electric vehicles to stay exempt. Islamabad: In the midst of close budgetary constraints imposed by the International Monetary Fund (IMF), the government weighs … Read more