Saudi Aramco earns $161b profit for 2022
RIYADH: Saudi Aramco said on Sunday it achieved "record" profits totalling $161.1 billion last year, drawing an outraged response from activists warning...
Remittances slide 9.5% to $2b in February
ISLAMABAD: Overseas workers’ remittances posted a decline of 9.5% to $2 billion on a year-on-year (YoY) basis in February FY23 as compared...
Opinion: Reaching an agreement with IMF will only postpone the crisis
Writing for Dawn, author Zubair Khan explains that Pakistan is on the verge of default despite its engagement with the IMF at...
PKR depreciates by 1.13% against US dollar
On Thursday, the Pakistani rupee experienced a depreciation of 1.13% against the US dollar, settling at 282.3 as reported by the State...
‘SBP to facilitate import transactions as balance of payment situation improves’
Central bank says pharma industry can import raw material without prior approval
Jo Dar gaya woh mar gaya
What tools does Ishaq Dar have at his disposal, and is now the right time to use them?
Economy tightened: Monetary Policy at 15% after a 125 bps hike
KARACHI: The Monetary Policy Committee (MPC) at the State Bank of Pakistan (SBP) has decided to hike the policy rate by 125...
Economy on right track, 5pc growth to be achieved: Tarin
ISLAMABAD: Minister for Finance and Revenue Shaukat Tarin Sunday said that economy was on the right track to post an inclusive and...
Govt gets ‘mini-budget’ & SBP amendment bill passed in NA
ISLAMABAD: Federal government Thursday got the Finance (Supplementary) Bill 2021, also called as 'mini-budget' by the opposition parties, sail through the National...
PM summons cabinet meeting to discuss Finance Supplementary Bill 2021
ISLAMABAD: The Prime Minister has summoned a special meeting of the Federal Cabinet on Thursday, December 30, to discuss the Finance Supplementary...
Govt mulling granting citizenship to foreign investors
ISLAMABAD: The Government of Pakistan (GoP) is considering granting residency/citizenship to those foreigners who bring investment in the country.
According to reliable...
Exports up 27.4pc YoY in September: Razzak Dawood
Adviser to the Prime Minister on Commerce, Abdul Razak Dawood announced on Monday that exports grew by 27.4% to $2.41 billion in...
HBL, DIBPL join hands to become lead advisors, arrangers for Eighteen
Karachi: HBL and Dubai Islamic Bank Pakistan Limited (DIBPL) joined hands as mandated lead advisors and arrangers for Eighteen (Elite Estates Pvt....
Breaking the habit: will the government let the rupee go?
Trying to control the exchange rate has been one of Pakistan’s biggest macroeconomic policy blunders since Partition. Will the Imran Khan Administration break the cycle, or will they fall prey to their baser instincts?
Pakistan’s regional exports increase up to 20.5pc in July FY22
ISLAMABAD: Pakistan’s exports to the seven regional countries witnessed an increase of 20.50 per cent in the first month of the current...