Talks with IMF to start from today

News Image

MG News | April 19, 2022 at 01:25 PM GMT+05:00

0:00

April 19, 2022 (MLN): Amid the massive economic challenges faced by the newly appointed government of Pakistan, Prime Minister Shehbaz Sharif has decided to resume talks with the International Monetary Fund (IMF) for the revival and completion of the Extended Fund Facility (EFF) program of $6 billion from today which will continue till April 24, wherein Pakistan side will table request to exempt condition of increase in petrol and electricity rates.

Miftah Ismail being the Finance Minister will lead Pakistan’s side during the crucial discussion virtually, as per the sources.

The officials will also inform IMF about the recent tax collection of Rs7000 billion. Meanwhile, the upcoming budget for the fiscal year 2022-2023 will also be discussed.

The successful meeting will help Pakistan to procure the tranche of $1 billion from IMF.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 134,299.77
290.06M
0.39%
517.42
ALLSHR 84,018.16
764.12M
0.48%
402.35
KSE30 40,814.29
132.59M
0.33%
132.52
KMI30 192,589.16
116.24M
0.49%
948.28
KMIALLSHR 56,072.25
387.69M
0.32%
180.74
BKTi 36,971.75
19.46M
-0.05%
-16.94
OGTi 28,240.28
6.19M
0.21%
58.78
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 119,175.00 119,265.00
118,675.00
645.00
0.54%
BRENT CRUDE 70.45 70.86
70.39
0.09
0.13%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
1.10
1.14%
ROTTERDAM COAL MONTHLY 108.75 108.75
108.75
0.40
0.37%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 68.49 68.95
68.46
0.04
0.06%
SUGAR #11 WORLD 16.56 16.60
16.20
0.30
1.85%

Chart of the Day


Latest News
July 13, 2025 at 06:20 PM GMT+05:00

Pakistan, UK to sign Trade Dialogue ToRs


July 13, 2025 at 05:48 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


July 13, 2025 at 05:44 PM GMT+05:00

Inside NCCPL’s Rulebook Shift


July 13, 2025 at 01:57 PM GMT+05:00

Weekly Market Roundup


July 13, 2025 at 10:26 AM GMT+05:00

K-Electric dispels rumours of peak hour changes



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg