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

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Tax reliefs for salaried class introduced by the PML-N government have been withdrawn by the PTI led government in the latest budget.

How to fix the Pakistani economy: Dr Hafiz A. Pasha

The government should formulate a clear trade strategy, and then subsidise industries that can compete globally

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...

How to fix the Pakistani economy: Dr S Akbar Zaidi

Technocratic solutions are not enough; Pakistan needs to have major political parties agree on the broad contours of economic policy

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...

Rupee down by another Rs4.6 against dollar in interbank market, hits Rs147

Ibrahim Moosa for Mettis Global told Profit, "The Pakistani rupee is expected to depreciate against the US dollar further and the market expectation is at around Rs147-148."

How well has the PTI performed on its 100-day agenda?

Most macroeconomic indicators have worsened since the Imran Khan Administration took office, but the party appears set to initiate some key economic reforms

SBP calls for deep-rooted structural reforms to ensure economic stability

--'Govt's policy measures affected the performance of industrial sector and dampened manufacturing activities in FY19' While Pakistan’s economy moved along the stabilization phase led...

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...

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...

Senate panel asks automobile companies to brief on quality standards, price ranges, tax matters

The meeting chaired by Senator Ahmed Khan on Thursday discussed the total number of vehicles sold, the amount of tax paid, details of spare parts produced locally and imported from abroad and fulfilment of corporate social responsibility role by Toyota, Honda and Suzuki motors.

Coal Power helps Pakistan cut power tariff by Rs10 per unit 

These projects also have helped Pakistan reduce its heavy dependence on gas and LNG power plants, which account for 50 per cent of total installed capacity.

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

How to fix the Pakistani economy: Dr Nadeemul Haque

We need to deregulate our cities to allow more construction and high-rise development