IMF approves $6bn package for Pakistan
–IMF will review Pakistan’s performance quarterly over 39 months, phasing release of the additional aid over time
–Spokesperson says Fund has released $1bn...
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Tax reliefs for salaried class introduced by the PML-N government have been withdrawn by the PTI led government in the latest budget.
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.
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.
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."
Hafeez Shaikh reviews NSW plans, suggests swift implementation
Pakistan is required, under WTO Trade Facilitation Agreement, to establish NSW by 2022.
U.S., China sketch outlines of deal to end trade war: sources
Lower-level officials held a round of talks in Washington on Tuesday and Wednesday. They will be joined on Thursday by the top level negotiators, led by U.S. Trade Representative Robert Lighthizer and Chinese Vice Premier Liu He.
Pakistan, Saudi Arabia to sign MoUs on drug control, renewable energy: FO
ISLAMABAD: Pakistan and Saudi Arabia are set to sign various Memorandums of Understanding (MoUs) to enhance bilateral cooperation in the fields of...
Chinese envoy meets PM; says next CPEC stage to focus on investing, buying more from Pakistan
ISLAMABAD: Chinese Ambassador in Pakistan Yao Jing met Prime Minister Imran Khan on Thursday and said the next stage of China Pakistan...
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
How to fix the Pakistani economy: Dr Nadeemul Haque
We need to deregulate our cities to allow more construction and high-rise development
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
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
ECC seeks revenue impact of withdrawal of duties on cotton imports
ISLAMABAD: As the government is already facing a revenue shortfall of Rs125 billion during the past six months due to the relaxation...
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