ISLAMABAD: Chief Justice Iftikhar Mohammad Chaudhry has said the national economy has been plundered adding that a full bench of 17 judges will be constituted to recover the loans written-off since 1973. The Chief Justice …

ISLAMABAD: Pakistan is likely to get second tranche of US $840 million from the International Monetary Fund (IMF) by the end of this month, official sources said. The International Monetary Fund, under Standby Arrangements, had …

ISLAMABAD: Government of Pakistan, Government of Sindh and the Asian Development Bank have signed a $US 300 million loan, multi- trench financing facility (MFF) FFA to improve quality, continuity and coverage of urban services (water …

ISLAMABAD: Chairman National Commission for Government Reforms, Ch. Abdul Ghafoor has said that the International Monetary Fund loan would help build confidence of Friends of Pakistan and major powers of the world for providing further …

ISLAMABAD: Pakistan was in the spotlight again this week over its need to reform the tax system as the government and potential donors worked on a plan to help the state in the face of …

Pakistan Economy Watch has said that IMF should alter its preferences and take a new start from Pakistan. Whole world is calling for a fundamental change in the way IMF deals with the rest of …

Islamabad: National Traders Alliance on Thursday said the banks are behaving like cartel and robbing depositors as well as borrowers. Banks and other financial institutions have a crippling effect on trade, commerce, industry and national …

Pakistan Economy Watch has said that agricultural output is declining despite phenomenal increase in farm loans. Banking sector is progressing at a rate of 14.5 per cent due to ineffective control of regulators and it …

LONDON: Pakistan does not need to turn to the International Monetary Fund (IMF) for money in the next10 months if the government cuts spending and gets other sources of funding to offset falling reserves, a …

ISLAMABAD: The World Bank Board has approved the Electricity Distribution and Transmission Improvement Project Loan in its meeting held on June 17, 2008 at a total cost of $ 256.852 million for Pakistan. The …