Beyond The Time News

IMF Acknowledges Pakistan’s Economic Stability and Reform

Finance talks highlight fiscal discipline and ongoing structural reforms ISLAMABAD: The International Monetary Fund (IMF) has acknowledged Pakistan’s progress in maintaining macroeconomic stability despite global and regional economic pressures. According to Beyond Time News, the recognition came during a meeting between an IMF delegation and Pakistan’s Finance Ministry team in Islamabad. IMF Praises Reform Efforts…

India Increases Gold and Silver Import Duties

Government aims to protect foreign reserves amid rising oil prices and Middle East tensions NEW DELHI: The Indian government has sharply increased import duties on gold and silver in an effort to support the weakening rupee and protect the country’s foreign exchange reserves. According to Beyond Time News, India more than doubled import taxes on…

Pakistan’s Petroleum Levy Collection Surges 45% to Rs1.2 Trillion

IMF sees stronger fiscal performance as provinces post record cash surpluses ISLAMABAD: Pakistan’s petroleum levy collection increased sharply during the first nine months of the current fiscal year, helping the government strengthen its financial position ahead of crucial budget talks with the International Monetary Fund. According to Beyond Time News, the federal government collected Rs1.205…

Pakistan Receives $1.3 Billion IMF Tranche, Confirms State Bank

Fresh IMF funding expected to strengthen Pakistan’s foreign exchange reserves KARACHI: State Bank of Pakistan confirmed on Wednesday that Pakistan has received around $1.3 billion from the International Monetary Fund under the Extended Fund Facility (EFF) and Resilience and Sustainability Facility (RSF) programmes. According to Beyond Time News, the central bank shared the update through…

Pakistan’s IPP Payments Surge to Rs3.4 Trillion, Senate Committee Briefed

Islamabad – Pakistan’s annual payments to Independent Power Producers (IPPs) have risen to Rs3.4 trillion, officials informed the Senate Standing Committee on Cabinet Secretariat, highlighting growing strain on the energy sector. According to Beyond Time News, the National Electric Power Regulatory Authority (NEPRA) told lawmakers that electricity tariffs average Rs36 per unit, with nearly Rs18…

Saudi Arabia and Russia Launch Visa-Free Travel for Citizens

Riyadh: Saudi Arabia and Russia have officially launched a mutual visa-free travel agreement, allowing citizens of both countries to travel without visas from May 11. Easier Travel Between Both Countries According to Beyond Time News, the agreement is expected to strengthen tourism, business cooperation, and cultural exchange between Riyadh and Moscow. Officials said the move…