Centre to accommodate provinces through incentive grant system

The Fiscal Coordination Committee (FCC) on Saturday approved a recommendation made by its sub-committee on Public Finance Management Reforms, which set out...

Dawood urges business community to explore Chinese market

'Pak-China FTA has been materialised in connection with the efforts to enhance the country's exports'  ISLAMABAD: The incumbent government is endeavouring to...

PM vows facilitation of foreign investors

'Only foreign investment can steer the country out of prevalent economic crisis' Prime Minister Imran Khan said on Saturday that only foreign...

Finance adviser, provincial ministers apprise IMF Mission of fiscal policies

ISLAMABAD: Adviser to the Prime Minister on Finance Dr Abdul Hafeez Shaikh, along with the Sindh Chief Minister Murad Ali Shah and provincial...

IMF man to head State Bank of Pakistan

IMF's resident director for Egypt Dr Reza Baqir appointed as governor of central bank for three years Dr Ahmed Mujtaba Memon...

‘Govt envisions facilitation of underdeveloped areas under next PSDP’

ISLAMABAD: Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar said on Saturday that the next Public Sector Development Programme (PSDP) would consist of...

Iran must resist US sanctions through oil, non-oil exports: Rouhani

'We should increase production and raise our (non-oil) exports and resist America's plots against the sale of our oil' DUBAI: President Hassan Rouhani...

SBP governor Tariq Bajwa, FBR chief Jahanzeb Khan shown the door

In a late night move, the federal government on Friday removed State Bank of Pakistan (SBP) Governor Tariq Bajwa and Federal Board...

Trump ‘firm’ on China structural demands, tariffs part of enforcement: Pence

WASHINGTON: US Vice President Mike Pence said on Friday that President Donald Trump would “stand firm” on his demands for structural changes...

New chairman has straightforward plans for OGDCL

'The only way forward is to keep drilling new wells, keep experimenting' ISLAMABAD: Dr Qamar Javaid Sharif, the newly-appointed board chairman of the...

Govt urged to initiate crackdown against counterfeit drugs

'Pharma companies will stop making drugs if a transparent and rational pricing mechanism is not put in place' ISLAMABAD: The Pharma industry has...

IMF mission visits planning ministry, discusses economic policies

ISLAMABAD: International Monetary Fund (IMF) Mission Chief Ernesto Rigo on Friday called on Planning, Development and Reform Secretary Zafar Hasan and discussed the...

Petrol to touch Rs108 after ECC okays hike

'Oil prices had gone up in int'l markets owing to new sanctions imposed by US President Donald Trump on Iran' The Economic...

‘Govt pursuing economic diplomacy for sustainable development’

Foreign minister says it is time for entrepreneurs to take advantage of lucrative business opportunities in the country Foreign Minister Shah Mehmood...

‘Budget to focus on macroeconomic stability, welfare of vulnerable segments’

PM's adviser says the IMF programme will create a platform for sustainable macroeconomic stability in Pakistan Says it is not in...