Pakistan’s stock market extended a rally that has made it one of the better performing major indices in the region this year, with the benchmark KSE-100 closing at a new all-time high this week, driven by a combination of falling interest rates, improved corporate earnings and renewed foreign portfolio inflows. Brokers at the Pakistan Stock Exchange described trading volumes as...
BREAKING NEWS
IMF Board Approves Fresh Tranche Under Extended Fund Facility After Completing Review
The International Monetary Fund’s Executive Board has approved the disbursement of the latest tranche under Pakistan’s 37-month Extended Fund Facility, releasing funds after concluding a review mission that assessed the country’s progress on fiscal, energy and tax reform benchmarks. The approval brings total disbursements under the programme to well over half of its total value since the facility was approved...
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