IMF agrees to lend $6bn to Pakistan over three years
---IMF official says programme to support country's growth by reducing imbalances, improving business environment
ISLAMABAD:Â The Pakistani authorities and the International Monetary Fund (IMF)...
Govt urged to curb smuggling of steel via land routes
'Import of steel items should be allowed only from the sea route as it will be easier for customs to control...
Customs collect Rs450m in 10 months amid crackdown on currency smuggling
The operations arm of Pakistan Customs has taken vigorous actions to counter the illicit movement of currency, which is the primary tool...
Pakistan, FATF teams to meet in Sri Lanka on 13th
A meeting between Pakistan and the Financial Action Task Force (FATF) team has been scheduled on May 13th in Sri Lanka, wherein...
Plastic imports decline 6.91pc in nine months FY19
ISLAMABAD:Â The import of plastic materials into the country during the first nine months of the current fiscal year has decreased by 6.91...
Offshore drilling near Karachi coast in final phase
Petroleum Minister Omar Ayub Khan on Saturday visited the site of the offshore drilling near the Karachi coast to review the pace...
‘Impossible’ to work on gas pipeline under US sanctions, Pakistan tells Iran
Pakistan has informed Iran in writing that it cannot execute the Iran-Pakistan gas pipeline project as long as Tehran is under the...
Railways to increase fares by up to 10pc
Minister says govt not privatising Pakistan Railways and 'those talking about it are talking nonsense'
ISLAMABAD:Â Pakistan Railways has decided to increase the fares...
Pak-IMF negotiations to continue for two more days
Negotiations between Pakistan and International Monetary Fund (IMF) remained inconclusive on Friday, as both sides decided to continue their discussions for two...
‘Govt striving to complete CPEC projects within set timelines’
ISLAMABAD:Â Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar said on Friday that the incumbent government is committed to accelerating the progress of...
FBR chief refrains officials from freezing bank accounts without prior notice
'My aim is to document the undocumented economy, as doing that will automatically increase the tax base'
Federal Board of Revenue (FBR)...
Trump says no hurry to sign China deal as trade war escalates
WASHINGTON/BEIJING:Â US President Donald Trump said on Friday he was in no hurry to sign a trade deal with China as Washington imposed...
PowerChina mulls further investments in Pakistan
KARACHI:Â Pakistan is likely to become an energy sufficient country in coming three years, said PowerChina Resources Limited and Port Qasim Coal-Fired Power...
Eight-year-old interview comes back to bite new FBR chief
Shabbar Zaidi has been officially confirmed as the new chairman of the Federal Board of Revenue (FBR) on an "honorary and pro...
Pakistan growth to hit eight-year low as IMF bailout looms
National Accounts Committee has forecast a mere 3.3pc growth in the current fiscal year against a projected target of 6.2pc
KARACHI:Â Pakistan's growth...