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 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...
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
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.
Cabinet committee on CPEC accorded approval for next JCC
No new energy projects being proposed for the 8th JCC
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...
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...
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.
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."
Finance Division issues budget call circular
The budget call circular is issued every year to all federal ministries and departments wherein the Finance Division calls upon them to initiate the budget-making process.
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.
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...
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...
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...
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.