ECC approves Rs13.2b TSG for Pakistan Mortgage Refinance Company Ltd.

ISLAMABAD: The Economic Coordination of Cabinet has approved a Rs13.2 billion Technical Supplementary Grant in favor of Pakistan Mortgage Refinance Company Limited (PMRCL),...

Pakistan fails to satisfy IMF in maintaining forex reserves

Fund wants Pakistan to improve import cover to at least two months, equivalent to $6b

ADB plans increased climate portfolio in Pakistan through next 5-year partnership plan

The Asian Development Bank (ADB) is planning to increase its climate portfolio in Pakistan as part of its next Country Partnership Strategy...

Pakistan to pay $3.7b debt from May-June: Fitch Ratings

WASHINGTON: As the government struggles to secure a bailout from the International Monetary Fund (IMF), Fitch Ratings on Friday revealed that Pakistan...

Pakistan bailout review to conclude once financing in place: IMF

WASHINGTON: The International Monetary Fund (IMF) is working with Pakistani authorities to conclude a ninth review of a bailout programme, its mission...

Govt considering restoration of RD on vehicles, mobile phones

ISLAMABAD: The Federal Government is considering restoration of regulatory duties on vehicles and mobile phones. Federal Board of Revenue (FBR), Chairman, Asim Ahmad...

Has Pakistan complied with all prior actions of the IMF?

The board demands yet another interest rate hike, as per reports.

Headline inflation in April at record high, hits a distressing 36.4%

Pakistan’s inflation outpaces Sri Lanka as Asia’s fastest

Inflation levels to plateau in coming months, says finance ministry

The balance of payment for the month of March reveals that the trade deficit in goods and services declined by 9.1% on a MoM basis and 54% on YoY basis

US default on debt would trigger ‘economic catastrophe,’ Yellen says

U.S. Treasury Secretary Janet Yellen on Tuesday warned that failure by Congress to raise the government's debt ceiling - and the resulting...

Another day, another claim of ‘just a few more days’ 

The govt’s repeated claims that a deal with the IMF is only a few days away have become laughable

China’s Shanghai to ramp up high-tech investments

China's financial hub of Shanghai will promote investments in specialized technology including chip design, circuitry and artificial intelligence as the country pushes...

Govt to submit SOEs bill in Parliament for better management of losses making entities

No policy framework to cover entire SOEs portfolio at present

Engro announces massive Rs23bn in dividends. But is this a good thing?

After a decade of trying to find the right investment, Engro takes a step back

CAD records surplus after two years

Pakistan's current account achieved a surplus of $654 million in March, as per data released by the State Bank of Pakistan (SBP)...