Senate body on finance deliberates on pre-budget proposals
ISLAMABAD: A meeting of Senate Standing Committee on Finance and Revenue held here at Parliament House on Tuesday with Senator Saleem Mandviwalla...
How Wall Street is preparing for possible US debt default
As talks over raising the U.S. government's $31.4 trillion debt ceiling go down to the wire, Wall Street banks and asset managers...
Oil slips as U.S. debt caution offset supply concerns
Oil prices slipped on Monday as caution around the U.S. debt ceiling talks and concerns about demand recovery in China offset support...
Decline in value of rupee per dollar expected next week
KARACHI: The rupee, amid a lack of fresh triggers and an anticipated high dollar demand from importers at month-end, is expected to...
Ishaq Dar says efforts underway to put economy back on track
ISLAMABAD: Finance Minister Ishaq Dar on Sunday asserted that the government was making all possible efforts to steer the economy of the...
India to withdraw 2,000-rupee notes from circulation
India will start withdrawing its highest value currency notes from circulation, the central bank said on Friday, in a move that economists...
SBP releases half yearly report on country’s economy
KARACHI: The State Bank of Pakistan (SBP) on Friday released its half yearly report on the country’s state of economy, encompassing economic...
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...