Rs16.26bn released for Lahore-Multan Motorway

ISLAMABAD: The federal government has so far released Rs16.266 billion for Lahore-Multan section (M-3 section) of the Karachi-Lahore Motorway. The government had allocated a...

ECC approves export of 0.5m tonnes of surplus wheat

Committee directs Ministry of Energy to proceed with the raising of syndicated Islamic Term Finance Facility of Rs200bn to repay circular...

Computer services have fueled ICT exports in recent years: SBP

The central bank said the country’s informal exports were higher than its formal exports and projections by industry experts put the total size of its ICT exports at $2.5 billion

SBP releases first quarterly report on state of economy

'With foreign investments declining on a yearly basis and external borrowing by the private sector remaining subdued, the financial inflows proved...

PSX lands in green amid volatile trading

KARACHI: The Pakistan Stock Exchange (PSX) witnessed another volatile trading session on Tuesday. After an initial dip, the indices recovered to end the...

New aviation policy in the offing, says minister

ISLAMABAD: Privatisation and Aviation Minister Muhammad Mian Soomro said on Tuesday that a new aviation policy was being designed keeping in view the...

SBP launches M-Wallet scheme to promote home remittances

'Remittance can now be received directly in M-wallets and there is no requirement to visit a bank branch, fill forms or stand...

‘Uzbekistan keen to enhance trade ties with Pakistan’

Envoy says steps are underway to promote banking and air services, in addition to ensuring safe transit of trade consignments through Afghanistan FAISALABAD:...

Wall Street rattled by Caterpillar, Nvidia warnings

US stocks fell on Monday as weak forecasts from Caterpillar Inc and Nvidia Corp fueled worries about a slowdown in China taking a...

PML-N’s Zubair lambasts Asad Umar, terms mini-budget ‘a political statement’

Former Sindh governor Muhammad Zubair, while criticising the economic policies of the incumbent government, has termed the recently announced mini-budget as a...

How to fix the Pakistani economy: Dr S Akbar Zaidi

Technocratic solutions are not enough; Pakistan needs to have major political parties agree on the broad contours of economic policy

How to fix the Pakistani economy: Dr Nadeemul Haque

We need to deregulate our cities to allow more construction and high-rise development

‘Punjab govt to host int’l livestock show next month’

Punjab Chief Minister Sardar Usman Buzdar has said an International livestock show will be hosted by his provincial government in the month...

ECC meeting to be held tomorrow

ISLAMABAD: Finance Minister Asad Umar has called the meeting of Economic Coordination Committee tomorrow (Tuesday) to discuss on a two-point agenda. Report related to...

How to fix the Pakistani economy: Dr Akmal Hussain

The key determinant of long-term economic growth of the country is the depth and range of innovations that take place within that society