The Latest Breaking News from Ishaq Dar

With Ramadan approaching, millions of Pakistanis struggle to put food on the table amid a worsening economic crisis.

Comments come at the back of a 10-day visit by an IMF delegation, as Pakistan hopes to unlock $1.1bn of crucial funds.

A storm of global issues, from the Russian invasion of Ukraine to the Taliban's takeover of Afghanistan, has exposed and exacerbated Pakistan's political, economic and security fault lines.

Decision comes amid stalled negotiations with global lender IMF which is yet to release a crucial instalment of $1.1bn.

IMF has yet to approve the release of $1.1bn originally due to be disbursed in November last year.

Announcement by the State Bank of Pakistan comes as the country is in dire need of foreign aid.

Pakistan will receive $500 million as co-financing for the BRACE development program from the Asian Infrastructure Investment Bank (AIIB), the country's finance minister Ishaq Dar said on Wednesday.

Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman and Pakistan's Finance Minister Ishaq Dar held on Thursday the first meeting of the Saudi-Pakistani Steering Committee of the Economic Pillar. Prince Abdulaziz confirmed in a statement that the Kingdom considers Pakistan an important partner in its development plans and programs. He…

If India buying oil from Russia, ‘we also have a right’, minister says as Pakistan aims to preserve its shrinking forex.