Led by Ernesto Ramirez Rigo, the International Monetary Fund (IMF), visited Pakistan from April 29 to May 11. Discussing the IMF’s support for Pakistan’s economic reform program, both parties have agreed on supporting economic policies by a 39 month Extended Fund Arrangement (EFF) for US$6 billion.
The EFF has been agreed upon with an objective to minimize domestic and external imbalances, greater transparency, and economic growth and improved living standards. The agreement is subject to management and Executive Board approvals of IMF, timely execution of aforementioned actions and confirmation of financial promises of international partners.
The upcoming budget for fiscal year 2019-20 is an important step in the authorities’ fiscal strategy. The budget will aim for a primary deficit of 0.6 percent of GDP. It will be supported by tax policy revenue mobilization and spending growth to safeguard the most vulnerable social segments.
For news and updates keep on visiting Graana blog
Swat, famously known as the "Switzerland of Pakistan," is a land of mesmerizing beauty. It is…
Millennials, often referred to as the “financially cautious generation,” are reshaping the investment landscape. Known…
Graanic, Pakistan's premier organic food brand, has officially launched its new restaurant at Mall of…
If you’re looking for a destination that combines breathtaking views, a peaceful ambiance, and unforgettable…
The real estate sector in Pakistan is undergoing significant transformations, and wealth management strategies are…
December 19, 2024— In a significant move, the federal government has announced an increase in…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
