New Delhi, June 29 (IANS) In another round of military strikes, Pakistan security forces Sunday carried out ground operations along the Afghanistan border, coupled with airstrikes deeper inside, said reports.Pakistan claimed that the attacks were targeted at militants in response to multiple attacks across the border, while the Afghan government said that they left dozens of civilians dead or injured, including women and children, the reports said.Since October 2025, Pakistan has escalated its m…
Latest International Monetary Fund (IMF) News & Updates
New Delhi, June 23 (IANS) Pakistan’s own poverty line of 8,484 Pakistani rupee (PKR) as monthly income leaves about 70 million people or 28.9 per cent of the population below the threshold, the highest rate in 11 years and far higher than 21.9 per cent of previous survey (2018-19), a new report has said.The Afghanistan-based news agency Khaama Press said the official line of PKR 8,484, calculated by the cost‑of‑basic‑needs allocates $3.50 a day, far below the World Bank’s $4.20-a-day l…
New Delhi, June 8 (IANS) Pakistan’s fiscal system continues to reflect deep structural weaknesses and elite-driven policymaking, with the International Monetary Fund (IMF) emerging as one of the few external constraints on unchecked government spending, a report has said.The report published in The Express Tribune highlighted that recurring budget cycles in Pakistan are marked by fiscal indiscipline, inefficient allocation of resources and continued reliance on external oversight to maintain m…
New Delhi, May 9 (IANS) Pakistan’s exports in the first three quarters of FY26 reached Rs6.39 trillion, a 7.14 pr cent decline in rupee terms compared to the previous year, widening the trade deficit to new heights, according to a new report.The report in The Express Tribune says that a slump in economic growth amid the adverse regional situation is set to impact balance of payments as the fiscal year comes to an end. “Trade deficit is anticipated to be one of the biggest concerns as imports…
New Delhi, May 8 (IANS) Pakistan has entered into a difficult phase of economic management as petrol and high‑speed diesel near Rs 400 a litre, compounding pressures on households and the government, a report has said.Pakistan-based The News International said in the report that State Bank of Pakistan’s policy rate hike to 11.5 per cent adds strain on borrowers.”While citizens are bearing the brunt of inflation, the government is risking its political capital by making unpopular decisions,” it…
New Delhi, April 9 (IANS) Pakistan’s economy remains under pressure, as its decision to secure a $600 million short-term loan from Standard Chartered Bank has once again highlighted the country’s fragile external financing position amid mounting fiscal and external challenges, according to a new report.According to an Asian News Post report, the loan is priced at SOFR plus 2.6 per cent — translating to an interest rate of around 6.3 per cent — aimed at supporting foreign exchange reserves,…
Seoul, April 3 (IANS) South Korea’s foreign reserves posted their sharpest monthly decline in about a year in March amid a stronger dollar and authorities’ efforts to manage exchange rate volatility, the central bank said on Friday.The country’s foreign reserves stood at US$423.66 billion as of end-March, down $3.97 billion from a month earlier, according to the data from the Bank of Korea (BOK).It was the sharpest decline since April 2025, when the amount fell by $4.99 billion on-month, reports…
New Delhi, April 1 (IANS) Factors like regional conflict and the temporary closure of the Strait of Hormuz account for only a portion of the increase in fuel prices in Pakistan, according to a new report, which stresses that the majority reflects “structural mismanagement, delayed reforms, and political considerations”.The Pakistan Observer report mentions that officials described the Middle East situation as an exceptional global crisis, while emphasising that precautionary steps had already be…
Islamabad, March 30 (IANS) Amid the ongoing conflict in West Asia, Pakistan is actively seeking to project itself as a mediator, a reflection of the pressures and constraints it faces, both external and internal, according to a report. A meeting was recently held in Islamabad, which witnessed the participation of Turkey, Egypt, and Saudi Arabia. However, the actual parties to the conflict – Israel, the US, and Iran were not part of the meeting. This portrayal of Pakistan as a potential mediator …
Seoul, Feb 26 (IANS) South Korea’s central bank kept its benchmark interest rate steady on Thursday, citing stronger-than-expected growth momentum, as it sought to safeguard financial stability amid a weak local currency and an unstable housing market.In a widely expected decision, the Monetary Policy Board of the Bank of Korea (BOK) held the key rate unchanged at 2.5 percent in its latest rate-setting meeting in Seoul, reports Yonhap news agency.It marked the sixth consecutive on-hold decision,…