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(c) The Nation
Policy-level talks between Pakistan and International Monetary Fund (IMF) under Post Programme Monitoring would start from tomorrow (Thursday), as technical talks under PPM concluded here on Tuesday.
Pakistan and IMF held technical level talks in Islamabad under Post Programme Monitoring from January 8 that ended on Tuesday. Sources said policy-level dialogue with the International Monetary Fund (IMF) would start from Thursday (January 17) in which the proposed next three years economic framework projections would be shared with the IMF authorities.
Officials have informed the Fund about economic situation of the country during technical talks. Pakistan has briefed the Fund on fiscal and monetary policies, revenue collection, expenditures, reforms in public sector entities and power sector reforms during the technical talks. Officials of finance ministry and Federal Board of Revenue briefed the IMF on revenue collection plan for next few months. Officials of ministry of water and power informed the Fund on step taken in reforming the power sector.
Traders have opposed the long march and continued business activities in Rawalpindi as almost all the big and small shopping malls remained opened on Monday.
The traders rejected the protest call given by Tehrik-i-Minhajul Quran. The shopkeepers set up their shops as usual and declared the protest call irrational.Buyers were also seen visiting the m..... Read more
With the fiscal indicators turning not-so-positive as the fiscal year unfolds, actual deficit could easily be higher clocking in at 6.3 per cent of the GDP, instead of remaining at 4.7 per cent as targeted by the government in federal budget 2012-13, financial experts said.
“Despite tax reforms promised in the last few budgets, the government could ..... Read more
Unilever’s plan to delist one of its Pakistan subsidiaries from the local stock exchanges appears to have hit a snag: its minority shareholders appear to be refusing to sell their shares at the proposed price, and some do not want to sell their shares at all.
The global food and consumer goods giant Unilever owns just over 75% of Unilever Pakistan, ..... Read more
