Sh Rasheed says will quit politics if railways’ circular debt not reduced

LAHORE: Railways Minister Sheikh Rasheed Ahmed said on Saturday he would quit politics if the circular debt of Pakistan Railways is not reduced. Addressing...

Good governance, rational taxation imperative to attract investments: moot

ISLAMABAD: Highlighting some silver linings in the recently presented budget, eminent economist and former finance secretary Dr Waqar Masood Khan stated that the...

Pakistan, Belarus agree to enhance trade ties

ISLAMABAD: Pakistan and Belarus on Friday agreed to optimally utilize the existing institutional mechanisms and intensify bilateral cooperation in agriculture, industry and technology. The...

Punjab govt presents Rs2.3tr budget for 2019-20

Rs350bn have been allocated for development, whereas Rs1.71tr have been earmarked for non-development expenditure LAHORE: Provincial Finance Minister Makhdoom Hashim Jawan Bakhat presented...

PM Imran says no to dollar at SCO

PM urges SCO to finalise arrangements for trade in local currencies, set up SCO bank  Says Organisation needs to advance goals...

Overseas Pakistanis remit $20.19bn in 11 months

KARACHI: Overseas Pakistani workers remitted $20.19 billion in the first eleven months (July to May) of FY19, showing a growth of 10.42pc compared...

Remedial work underway to ensure long-lasting stability: Hafeez Shaikh

'We import virtually everything and we still think the exchange will be kept at a certain level' 'Govt will not take...

WB approves $518m to help Pakistan raise revenue, reduce compliance cost

The World Bank on Friday approved a package of $518 million for two projects in support of Pakistan’s ambitious efforts to raise...

Rupee tumbles down to 157 against the dollar, record interbank high

The Pakistani Rupee depreciated to Rs153.75/Rs154 during the early trading hours in the interbank market here on Friday

Hafeez Shaikh tasked to make proposals regarding govt officials’ retirement

ISLAMABAD: Prime Minister Imran Khan has given direction to Finance Secretary Abdul Hafeez Shaikh to make proposals with regard to the retirement of...

Budget allocations for agriculture sector increased by 1,200pc: minister

'Govt will launch 13 projects at a cost of Rs296bn to promote agriculture and livestock sectors' ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) government has...

SBP reserves fall 0.7pc, stand at $7.8bn

The foreign exchange reserves held by the central bank contracted 0.7pc on a weekly basis to stand at $7.8 billion, a private...

FBR advises people to declare undisclosed assets by 30th

The Federal Board of Revenue (FBR) has reiterated that the closing date for the Assets Declaration Scheme is 30th June 2019. The FBR...

Pakistan desires to enhance trade ties with Central Asia: FM Qureshi

Foreign Minister Shah Mehmood Qureshi said on Thursday that the government seeks market access for Pakistani commodities to the Central Asian countries,...

‘Business community stands with PM in his fight against corruption’

ISLAMABAD: Pak-US Business Council and United Business Group Chairman Iftikhar Ali Malik has said that the business community would extend all-out support to...