Cabinet officials
During his six-day US visit, Pakistan's Finance Minister Muhammad Aurangzeb met with his Saudi counterpart Mohammed bin Abdullah Al-Jadaan to discuss economic reforms and privatisation. The meeting, which took place on the sidelines of the International Monetary Fund (IMF) and World Bank (WB) plenary meetings in Washington, D.
Cabinet officials
Pakistan's Finance Minister, Senator Muhammad Aurangzeb, continued his high-level engagements during the IMF-World Bank annual meetings, meeting with officials from the US government, the International Monetary Fund (IMF), the World Bank, and leading international investors. The minister held a series of pivotal meetings, including a productive meeting with
Economic growth
The UK is set for a cost of living blow at the next month's Budget, with economists predicting that interest rate cuts will be delayed as the Bank of England seeks to bring the rate of price rises under control. The International Monetary Fund (IMF) has upgraded its
Economic growth
The International Monetary Fund has revised upwards its GDP growth forecasts for the US economy, indicating a stronger-than-expected performance in 2025, amidst concerns over the long-term impact of Trump's tariff policies. Contrary to initial predictions, the IMF now expects the US economy to grow at 2% in 2025,
Economic growth
Renewed optimism has surrounded Nigeria's macroeconomic trajectory, as the International Monetary Fund (IMF) has raised its forecast for the country's economic growth in 2025 to 3.9 percent. This latest revision is significant, increasing from the previous projection of 3 percent issued earlier this year. The
Economic growth
Persistent uncertainty over trade policy and supply chain disruptions has weighed heavily on the world's economic output, according to the International Monetary Fund's latest World Economic Outlook report. While the global economy has shown resilience, with growth stronger than expected in 2025, the impact of trade
Economic conditions
India's economic growth story is expected to surpass earlier estimates, with the International Monetary Fund (IMF) projecting a 6.6% GDP growth rate for 2025-26, up 0.2 percentage points from the previous forecast. The upward revision is attributed to a strong first quarter, which offset the impact
Cabinet officials
As part of his participation in the International Monetary Fund (IMF) and the World Bank annual meetings, Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb began a series of high-level meetings in Washington DC, aimed at securing investment and development financing. Aurangzeb met with key international financial institution representatives,
Global economy
Amidst the global economic uncertainty fueled by trade tariffs, the International Monetary Fund (IMF) has hailed India as a crucial growth engine of the global economy. IMF Managing Director Kristalina Georgieva emphasized that India's strengthening economy has generally withstood multiple shocks, citing improved policy fundamentals, adaptability of the
Bessent, Scott
The United States is set to offer a $20 billion loan to Argentina to support the country's economy, a move that has raised concerns about economic and political risks. Treasury Secretary Scott Bessent said that Argentina's president, Javier Milei, is a kindred spirit of President Trump,
Flood relief
Prime Minister Shehbaz Sharif announced a significant relief measure for those affected by the recent floods, instructing electricity distribution companies to stop collecting August 2025 electricity bills in flood-affected areas. He also directed DISCOs to adjust bills already paid by flood-affected consumers for August 2025 in the upcoming month'
Flood relief
Prime Minister Shehbaz Sharif has instructed the Ministry of Finance to seek a one-month exemption from electricity bills for flood-affected communities across the country, with the aim of providing immediate assistance to those impacted by the recent floods. The relief effort, which will cover all flood-hit regions, is part of
