As per economists at Citigroup Inc. Pakistan's new budget and its plan to trim its deficit by cutting down on spending may not be enough to convince the International Monetary Fund (IMF) to resume its loan program.

Reports suggest Pakistan budget may fall short of unlocking IMF loan

The Pakistani rupee and stock markets have taken a hit as the government's budget for the next fiscal year 2022-23 failed to gain investors' confidence, on Monday.

Pakistan currency, stock markets take a hit as budget fails to restore investors confidence

In a bid to conserve energy, the cash-strapped Pakistan government has decided to ban wedding functions in Islamabad city after 10 pm and shut markets across the country at 8.

Wedding ceremonies banned in Islamabad after 10 pm to conserve electricity

Inflation is on the rise. Disputes over the price of petrol A tumultuous political climate Pakistan has been struggling to keep its economy afloat for months, raising the possibility that one of the world's most populous countries will soon follow Sri Lanka into a wave of worldwide defaults.

Remove petroleum subsidies: IMF asks cash-strapped Pakistan

Ongoing talks between Pakistan and the International Monitory Fund (IMF) have so far remained inconclusive due to "deviations" from agreed terms, media reports said on Saturday.

IMF objects to Imran Khan's relief package, stalls talks with Pakistan

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imf and-pakistan

Reports suggest Pakistan budget may fall short of unlocking IMF loan

Pakistan currency, stock markets take a hit as budget fails to restore investors confidence

Wedding ceremonies banned in Islamabad after 10 pm to conserve electricity

Remove petroleum subsidies: IMF asks cash-strapped Pakistan

IMF objects to Imran Khan's relief package, stalls talks with Pakistan