Pakistan secures only 36% of external financing in 10MFY23
Pakistan secured only $8.12b, against a target of $22.81b in the first ten months of current fiscal year
China’s Xi unveils grand development plan with Central Asia allies
China's President Xi Jinping on Friday unveiled an ambitious plan to help elevate Central Asia to the next level of its development...
Minister refutes claims of abandoning $6.5b IMF bailout
Minister of State for Finance and Revenue, Dr Aisha Ghaus Pasha, dismissed rumors of Pakistan's withdrawal from the $6.5 billion IMF bailout...
ADB evaluation: TA project’s rating fell short in terms of overall success
Project’s design framework failed to account for potential delays caused by regulatory bodies and work deliverables
Senate finance committee directs SBP to prohibit cryptocurrency in Pakistan
Committee calls the exchange medium a “total fraud” and says it should never be legalised in Pakistan
Smuggling threatens closure of Pakistan’s steel industry, billions at stake
ISLAMABAD: Pakistan's domestic steel industry faces an uncertain future as large-scale smuggling operations continue to cripple the sector. The Pakistan Association of...
ECC approves Rs1bn for parliamentarians schemes
Rs1.6bn also approved for restoration of roads in flood affected areas
CAD surplus continues in April amid decreased imports
Data released by the State Bank of Pakistan (SBP) on Tuesday revealed that Pakistan's current account recorded a surplus for the second...
South Korea defers Pakistan’s loan worth $19.91m
ISLAMABAD: The Republic of Korea has differed Pakistan’s loan worth $19.911 million, under the G-20 Debt Service Suspension Initiative (DSSI) framework on...
Pakistan’s external financing requirements for IMF deal unchanged: IMF
KARACHI: Pakistan’s external financing requirements have not been changed in talks with the International Monetary Fund (IMF) over bailout funds, the IMF...
Pakistan cannot take harsh decisions on IMF instructions, says Ishaq Dar
ISLAMABAD: Finance Minister Ishaq Dar said on Thursday that Pakistan cannot take harsh decisions on the instruction of the International Monetary Fund...
‘Digital Pakistan’ in a coma: What is the cost of the broadband shut down?
The three days of internet outage have affected gig-workers, freelancers, PoS machines, and telco operators alike.
Pakistan’s deepening political crisis douses hopes for IMF relief
LONDON/KARACHI: The political crisis engulfing Pakistan is eroding hopes that the South Asian country can get its much needed programme with the...
Chinese company earnings reveal lopsided economic recovery
People in China splashed out on dining, travel and luxury goods after emerging from three years of pandemic restrictions but are still...
Could the bull-headed decision to arrest Imran Khan finally tip Pakistan towards default?
As former prime minister Imran Khan was pushed, manhandled, and shoved into the back of a rangers vehicle and hurried away into...