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The Latest Breaking News from Ishaq Dar

Panic in Bishkek: Why were Pakistani students attacked in Kyrgyzstan?

More than 300 Pakistani students have returned home after violent clashes that left some wounded.

Al Jazeera

Trade ties with India suspended due to ‘heavy duties’: Pakistan Foreign Minister

Pakistan's trade relations with India remain suspended since 2019 due to heavy duties imposed by India post-Pulwama attack.

The Hindu

Pakistan PM Shehbaz Sharif appoints Foreign Minister Ishaq Dar as Deputy PM

Pakistan Prime Minister Shehbaz Sharif has appointed Foreign Minister Ishaq Dar as Pakistan's Deputy Prime Minister with immediate effect. Read further on Dynamite News:

Dynamite News

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No change in trade policy with India: Pakistan

Pakistan clarifies no plans to resume trade with India post Article 370 abrogation, despite recent diplomatic hints.

The Hindu

Pakistan’s election: Can the next government bring economic stability?

There will be no honeymoon period for winners of this week’s pivotal 2024 polls as economic challenges loom large.

Al Jazeera

Will Pakistan’s IMF agreement save its economy?

It could heIp Pakistan stabilise the economy, but might not improve the government’s popularity.

Al Jazeera

IMF deposits much-awaited $1.2 billion with Pakistan's central bank under bailout, minister says

Pakistan's finance minister says the International Monetary Fund has deposited the much-awaited first installment of $1.2 billion with the country's central bank under a new bailout deal

The Independent UK

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Saudi Arabia deposits $2 billion in Pakistan's central bank as a boost ahead of a key IMF meeting

Saudi Arabia has deposited $2 billion into Pakistan’s central bank, a much-needed financial boost ahead of a critical meeting of the International Monetary Fund on the new bailout package for the cash-strapped South Asian country

The Independent UK

Few buyers for Eid camels as record inflation hits Pakistan

As inflation reaches record 38 percent in May and IMF bailout package awaited, the economic crisis affects celebrations.

Al Jazeera

Pakistan lays out budget but may not satisfy IMF

The ‘plain-vanilla’ budget is unlikely to satisfy IMF, which could lead to the South Asian nation defaulting on debt.

Al Jazeera

Crisis-hit Pakistan set to present budget as IMF watches

Pakistan hopes budget will help unlock more than $2.5bn left in $6.5bn IMF bailout programme expiring this month.

Al Jazeera

IMF hoping for board meeting on Pakistan before current program expires

The International Monetary Fund (IMF) remains in touch with Pakistan's authorities in order to pave the way for a board meeting before a financing program expires at the end of June, the IMF mission chief for Pakistan said.

Reuters

Pakistan to share budget details with IMF to unlock funds - finance minister

Pakistan's Finance Minister Ishaq Dar said on Sunday the country will share its upcoming budget details with the International Monetary Fund (IMF) in order to unlock stalled funds.

Reuters

UAE tells IMF it will support Pakistan with $1bn, says minister

Ishaq Dar says the UAE has informed the IMF that it will provide $1bn to the crisis-hit South Asian nation.

Al Jazeera

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Reuters

Pakistan's finance minister opposes provincial snap polls mandated by court

Provincial snap elections are not in the national interest of Pakistan given its economic turmoil and security situation, the country's Finance Minister Ishaq Dar said on Monday.

Reuters

Pakistan finance minister cancels US trip due to political crisis

Pakistan Finance Minister Ishaq Dar on Saturday said he had canceled his trip to Washington for the spring meetings of the International Monetary Fund and World Bank on the orders of the prime minister due to the political situation in the country.

Reuters

Pakistan minister cancels trip to IMF, World Bank meetings in US - sources

Pakistan's finance minister has cancelled a visit to Washington for spring meetings of the International Monetary Fund (IMF) and World Bank, government officials said on Friday, citing domestic political turmoil as the reason.

Reuters

China rolls over $2 billion loan to Pakistan as it struggles with external liquidity

Pakistani Finance Minister Ishaq Dar said on Friday China had rolled over a $2 billion loan that matured last week, providing relief during the South Asian nation's acute balance of payment crisis.

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Foreign Policy

Politics Are Holding Pakistan’s Economy Hostage

Drama around former Prime Minister Imran Khan leaves Pakistan’s finances in the lurch.

Al Jazeera

How skyrocketing inflation has hit Pakistan’s most vulnerable

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

The Times of India

Markets brace for Pakistan default risk as $7 billion debt looms

ISLAMABAD: Bondholders are bracing for a potential default by Pakistan as the beleaguered nation struggles to meet billions of dollars in debt repayments by June.

Al Jazeera

IMF to crisis-hit Pakistan: Tax the rich, protect the poor

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

Al Jazeera

As cash runs out, Pakistan introduces bill to unlock IMF funds

Measures proposed to secure the crucial loan include raising the general sales tax by a percentage point to 18 percent.

The Times of India

How Pakistan is taking desperate economic measures for IMF bailout

NEW DELHI: The Pakistan government is trying its best to secure a deal with the International Monetary Fund (IMF) for the release of a critical bailout package, failing which it can slump into default.

The Independent UK

Pakistan in bailout bid sharply raises natural gas taxes

Cash-strapped Pakistan sharply increased taxes on natural gas to comply with a long-stalled financial bailout, and both industrial and everyday consumers were expected to feel the pain

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