IMF says satisfied with Pakistan’s implementation of economic reforms
Pakistan’s inflation to fall to 4.8pc, debt-to-GDP ratio to 73pc in 2025
CCP’s performance ‘satisfactory’, says PM’s aide in inquiry report
ISLAMABAD: Adviser to Prime Minister on Institutional Reforms & Austerity Dr Ishrat Hussain has submitted to the government his inquiry report regarding...
What policy cut? Foreigners buy T-bills for the first time since Feb
KARACHI: In a surprising development, after weeks of divestment, foreign investors bought $191 million worth of treasury bills (T-bills) on April 17,...
Stocks extend gains with 667-point rally
KARACHI: Continuing with the positive momentum from the previous session, the Pakistan Stock Exchange (PSX) managed to accumulate decent gains on Monday,...
KP govt fears 1.3m people could lose jobs if lockdown extended to 45 days
At least 1.3 million people could lose their jobs if a 45-day lockdown is put in place, a report prepared by the...
Experts hail govt’s concessional package for construction industry
ISLAMABAD: Prominent economists, businessmen and associations have hailed the government for providing tax relaxations to builders and developers amid the prevalent crisis...
Bike, three-wheeler sales decline 12.3pc in nine months
The sale of motorbikes and three-wheelers witnessed a decline of 12.34pc during the first nine months (July-March) of the current financial year...
COVID-19: Manufacturers expect 25pc drop in cement demand
LAHORE:Â Despite a relief package given to the construction industry by Prime Minister Imran Khan, the cement sector is expecting a 25pc decline...
COVID-19: SCCI seeks ‘comprehensive relief package’ for small traders
PESHAWAR: Sarhad Chamber of Commerce and Industry (SCCI) President Engr Maqsood Anwar Pervaiz on Saturday urged the government to announce a comprehensive...
After $1.4b approval, IMF puts on hold $6b EFF programme
ISLAMABAD: In the wake of coronavirus pandemic and disbursement of $1.386 billion under the Rapid Financing Instrument (RFI) to help Pakistan address...
Pakistan’s 70pc labour force ‘working without formal paperwork’: report
KARACHI:Â As many as 70.3pc of the country's labour force "works without any written contract or agreement", according to a research report titled...
Govt launches fixed-tax scheme to woo builders, land developers
–Advance tax on auction of properties reduced to 5pc; sales tax on construction services in ICT brought to zero
–Incentive package to apply on...
Weekly inflation up 0.15pc
ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation for the week ended April 16 witnessed a nominal increase of 0.15pc when compared...
Experts say rate cut ‘insufficient’ amid corona crisis
LAHORE: Economic experts and members of the business community believe that the 200bps rate cut announced by the State Bank of Pakistan...
China suffers historic contraction as virus paralyses economy
China's economy shrank for the first time in decades last quarter as the coronavirus paralysed the country, in a historic blow to...