PM Kakar prepares for China visit amidst supposed slowdown in CPEC expansion   

Pak-China likely to sign $6.67 billion worth agreement on ML-1 railway project during PM Kakar’s upcoming ‘VVIP’ visit to China

Slashed by Rs 41? No change at all? What could happen going into this week’s fortnightly fuel pricing decision 

Fuel prices are set to be assessed in the coming days. And while a significant reduction is possible, it might not happen for a number of reasons. 

Transitioning away from a cash economy

What's wrong with extremely high levels of cash in our economy, and what needs to be done to fix this.

Rs 3.126tr added to Pakistan’s total debt in first two months of FY24 :SBP

ISLAMABAD: The Federal government's total debt surged by Rs 3.126 trillion to Rs 63.966 trillion between Jul-Aug, of the current fiscal. According to...

EU MEPs approve extension of Pakistan’s GSP status till 2027

ISLAMABAD: Members of the European Parliament (MEPs) have voted in favour of extending Pakistan's Generalised System of Preferences (GSP) status, along with...

NEPRA notifies Rs1.71 per unit hike in power price under FCA of August

ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has approved an increase in the price of electricity by Rs 1.71 per unit on...

Govt raises Rs 557bn in short-term debt against target of Rs 600bn

Cut-off yields for the three-month, six-month and 12-month T-bills stood at 22.5%, 22.85%, and 22.84%, respectively.

Privatisation Minister meets World Bank rep

ISLAMABAD: The Federal Minister for Privatisation, Fawad Hasan Fawad has commented that the Pakistan International Airline (PIA) has emerged as the foremost...

Pakistan tightens control around Afghan Transit Trade; but why now?

Bans, processing fees, increased checks and bank guarantees slapped on Afghan imports

FBR collects Rs 63bn of surplus taxes in the first quarter of FY24

ISLAMABAD: The Federal Board of Revenue (FBR) has collected Rs 2.04 trillion during the first quarter of the current financial year against...

Finance minister consults with financial markets about bringing investment through Private Funds

KARACHI: The caretaker Federal Minister for Finance, Revenue, and Economic Affairs, Dr. Shamshad Akhtar, chaired a meeting with the chairman of the...

Govt expects $700mn from IMF under SBA

Additional $450 million and $250 million expected from World Bank and IDB respectively 

COAS reaffirms resolve against smugglers and hoarders with IMF review around corner

The strongly worded statement comes in the wake of a crackdown against currency exchanges all over the country

Cabinet to approve new state-owned enterprises policy

ISLAMABAD: The federal cabinet is likely to approve State-Owned Enterprises Policy, 2023 to improve performance of loss making entities.  According to details, the...

Tax evasion of Rs 95mn detected by FBR intelligence directorate in coal sector

ISLAMABAD: Tax evasion worth Rs 95 million in the coal sector has been unearthed by the Directorate of Inland Revenue Intelligence &...