Finance Minister hopes to complete first review of SBA with IMF
ISLAMABAD: The Caretaker Finance minister Dr Shamshad Akhtar portrays hopefulness of the successful completion of the first review of the Stand By...
IMF directs Pakistan to share revenue projection plan of Rs 6.66tr
ISLAMABAD: The International Monetary Fund (IMF) has asked Pakistan to share a revenue projection plan of Rs 6.66 trillion, equivalent to 46%...
IMF commends govt’s measures to stabilise the economy
ISLAMABAD: The International Monetary Fund (IMF) has commended the Pakistani government's efforts and measures in critical areas to stabilise the economy.
According to...
Inflation to remain between 27-29% in October, finance ministry says
ISLAMABAD: The finance ministry, in its ‘Monthly Economic Update & Outlook October 2023’ has projected that inflation in October will remain at...
No surprise: SBP maintains policy rate at 22%, in line with market expectations
SBP Governor Jameel Ahmad says the MPC believes the current stance is “aggressive and tight” and should continue
Noncompliance of EU export standards
ISLAMABAD: Pakistan's foreign trade faces a critical challenge with the detection of over 55 interceptions, primarily mangoes with fruit fly and without...
Currency in circulation has declined sharply in 2023’s third quarter. What’s behind the unusual drop?
Currency in circulation decreased by 9% QoQ, which according to JS Global Capital is a pace not witnessed in many decades
Pakistan meets the IMF-set budget deficit targets, but at what cost?
A delegation from the IMF is scheduled to arrive in Pakistan on November 2 to initiate discussions for the initial review
Steel industry urges SBP to slash interest rates
ISLAMABAD: The steel industry in Pakistan is sounding a desperate alarm as it calls upon the State Bank of Pakistan (SBP) to...
Finance committee seeks detail from FBR about $7.5 bn discrepancy in imports
Islamabad: The senate’s standing committee on Finance and Revenue has sought details from the Federal Board of Revenue about discrepancies worth $7.51...
Canadian Mineral Investment Company explores investment opportunities in KPK
PESHAWAR: A high-level delegation of Canadian Mineral Sector Investment Company "TYTAN COPPER", called on the caretaker commerce minister of Khyber Pakhtunkhwa, Dr.Aamir...
Pakistan’s revenue per telecom User 10 times less than the global average: SBP
ISLAMABAD: According to the latest State of Pakistan’s Economy report released by the State Bank of Pakistan, the country’s telecom sector has...
More than two-thirds female engineering graduates jobless: Survey
ISLAMABAD: A recent joint research initiative by Gallup Pakistan and Population Research in Identity and Disparities for Equality (PRIDE) has shed light...
ECC approves import of 1mn metric tons of wheat to meet shortfall
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved import of 1 million metric tons (MMT) of milling wheat for...
SBP increases permissible retention limit of IT exporters from 35% to 50%
ISLAMABAD: In order to facilitate the IT exporters, and to boost the exports of IT and IT-enabled services, State Bank of Pakistan...