Some experts are now hoping for rate cut on Monday, but a Reuters poll says it won’t happen
KARACHI – The indication given by Finance Minister Muhammad Aurangzeb about possible rate cuts – although he didn’t give any timeframe – in the coming months and Pakistan’s ability to fulfilling all the conditions set by the IMF gave a big boost to the stock market, as KSE-100 Index jumped 1.59 per cent on Thursday.
Bargain hunting or value hunting refers to the activity of looking for goods that are good value for money, usually because they are being sold at prices that are lower than usual. Meeting all the targets determined by the IMF means there shouldn’t any hurdles that could hamper the release of $1.1 billion – the remaining amount under the current $3bn Stand-By Arrangement – after the second and the last review which has started in Islamabad on Thursday.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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Pakistan ‘achieves’ 25 of 26 targets set by IMF for second reviewPakistan has successfully met 25 out of the 26 targets established by the International Monetary Fund (IMF) for its second review
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IMF Ready to Hold Mission for Second Review of Stand-By Arrangement with PakistanThe IMF says it is ready to hold a mission for the second review of the stand-by arrangement with Pakistan shortly after a new cabinet is formed. Addressing a news conferefence in New York, the IMF Spokesperson Julie Kozack reiterated that the IMF is looking forward to working with the new govt on policies to ensure macro-economic stability She said the focus of IMF in Pakistan is currently on completion of the current stand-by program, which ends in April 2024.She said the IMF is looking forward to working with the government to ensure stability, macroeconomic stability, for the good of the people of Pakistan.Khyber District IBO: Two Terrorists Killed During Operation In KP ...
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IMF review mission to arrive Pakistan tonightThe negotiation with Fund will be held from March 14 to 18
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Aurangzeb says Pakistan is interested in getting longest deal with IMFFinance Minister Muhammad Aurangzeb expressed Pakistan's intention to secure largest and most extensive program ever from IMF
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