Cabinet approves Rs100bn youth loan programme
Briefing the media about cabinet decisions here, Special Assistant to Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan said the cabinet held a thorough discussion on education policy and the new Rs100 billion youth loan programme.
The rupee is falling. Let it crash
Why letting the currency exchange rate fall may help fix some (but not all) of the structural flaws in the economy
EU takes Pakistan off its “List of High-Risk Third Countries”
The European Union (EU) has removed Pakistan from the “List of High-Risk Third Countries” after which Pakistani businesses and individuals will no longer...
Govt again claims friendly countries will come through ‘in few days’
Minister for Planning and Development Ahsan Iqbal on Wednesday said that Pakistan is likely to get confirmation of economic assistance from friendly...
Finance Division clarifies news about current account deficit
Clarifying a news item on current account deficit, appeared in a section of press on December 20, it said the news does not reflect the factual position, a Finance Division press release said.
Budget 2019-20: Salaried class to pay more taxes under PTI govt
Tax reliefs for salaried class introduced by the PML-N government have been withdrawn by the PTI led government in the latest budget.
US debt standoff overshadows G7 finance leaders’ meeting
A standoff over raising the U.S. debt ceiling overshadowed a meeting of Group of Seven (G7) finance leaders starting on Thursday, heightening...
SBP raises interest rate by 100bps to 13.25pc
--SBP governor says decision taken keeping in view upside inflationary pressures from exchange rate depreciation
KARACHI: The State Bank of Pakistan...
Differences over devaluation surfaced in fiscal policy board meeting
Finance Minister asks SBP to develop information sharing mechanism on major decisions, meanwhile, government expects improvement in economy after January 2019
White House, Republican team say no progress in debt ceiling talks
A second meeting on Friday between White House and Republican congressional negotiators on raising the federal government's $31.4 trillion debt ceiling broke...
How to fix the Pakistani economy
Profit speaks to five of the nation’s top experts on what the government should do in order to get the economy humming again
Dramatic redesign of Pakistan’s economic policies required to accelerate growth over 25 years
Pakistan’s economy is a major subject getting talkability amongst experts along with the general audience. Netizens, journalists alongside the youth are raising...
China to relax residency curbs, support employment
BEIJING: China will relax residency curbs in smaller
cities and support employment in rural areas and at small firms, the country’s
human resources ministry...
Not running away, says KIA Pakistan’s CEO, despite serious challenges
KARACHI: KIA Lucky Motors (KLM) CEO Asif Rizvi admits Pakistan is facing ‘very difficult times’ but at the same time he cited...
Rupee continues to tumble, down 3.1 per cent
It is speculated that the rupee will continue to fall and is expected to be valued at around Rs180 by December 2020 against the US dollar.