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.

Govt preparing long-term LPG policy, petroleum levy set at Rs 5.5b for 2020-21

ISLAMABAD: The government is preparing a long-term Liquefied Petroleum Gas (LPG) policy aimed at increasing the commodity production, stabilising its price and...

China spent $240 billion bailing out ‘Belt and Road’ countries – study

China spent $240 billion bailing out 22 developing countries between 2008 and 2021, with the amount soaring in recent years as more...
G7-coronavirus

G7 nations considering near-total ban on exports to Russia – Kyodo

The Group of Seven (G7) countries are considering a near-total ban on exports to Russia, Kyodo news agency reported on Friday, citing...

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

PM Shehbaz Sharif admits that politicians are responsible for the current “mess”

ISLAMABAD: On Tuesday while announcing the Rs 5 billion Ramzan Relief Packages, Rs 3.24 billion less than last year, Prime Minister acknowledged...

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

SCCI backs traders’ call for strike against ‘unfair taxation’

PESHAWAR: The Executive Committee of Sarhad Chamber of Commerce and Industry (SCCI) has announced complete support to the traders’ strike against the...

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

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

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 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

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.

Cabinet committee on CPEC accorded approval for next JCC

No new energy projects being proposed for the 8th JCC