SBP governor hints further devaluation of rupee
ISLAMABAD: As the experts have already expected a further decrease in the value of Pakistani currency against the dollar, the State Bank of...
Saudi Arabia to make its ‘largest foreign investment’ in Pakistan: Asad Umar
ISLAMABAD: Federal Minister for Finance Asad Umar said on Thursday that Saudi Arabia is about to make “the largest foreign investment in Pakistan’s...
Pak-Turkey ties need to be materalised: envoy
KARACHI: Keeping in mind that the trade volume between Turkey and Pakistan is limited to only $700 million, it is imperative that...
Afghanistan opens new trade route with aim of building link to Europe
The corridor is the latest in a series of energy and transport projects aimed at opening Afghanistan up as a hub at the heart of Central Asia
‘Development of Balochistan among key agendas of upcoming JCC meeting’
ISLAMABAD:Â Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar met Balochistan Chief Minister Jam Kamal Khan at Balochistan House on Thursday.
Senators and Members...
PM directs BOI to present plan on ease of doing business
ISLAMABAD:Â Prime Minister Imran Khan has directed the Board of Investment to formulate and present a comprehensive strategy in order to simplify the...
ADB, Pakistan sign $284m agreement for power transmission enhancement
NTDC is the implementing agency of the tranche 3 project under the existing Multi-tranche Financing Facility (MFF) amounting to $810 million
Pakistan’s GDP growth to slow to 4.3%-4.7% in FY19 and FY20: Moody’s
Moody's said a moderate but increasing level of external government debt also leaves the country’s finances vulnerable to sharp currency devaluations
Rupee to weaken to Rs148 against greenback by end of FY19: Fitch Solutions
It expects the trade deficit to narrow over the coming months irrespective of oil price dynamics taking the country’s dollar shortage and recent rupee weakness into context
USAID, WAPDA sign $78m implementation letter for Mangla refurbishment
MIRPUR:Â Pakistan Water and Power Development Authority (WAPDA) and United States Agency for International Development (USAID) on Wednesday signed Project Implementation Letter (PIL)-2...
Govt plans to protect downtrodden segments from inflation
ISLAMABAD:Â Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar revealed on Wednesday that the government was in the process of devising a strategy...
Pakistan’s external conditions deteriorated in past few months: ADB
MANILA: Pakistan’s external conditions have worsened in the past few months with foreign exchange reserves continuing to fall in the first quarter of...
Finance Division to go paperless from Jan 1, 2019
ISLAMABAD:Â Notwithstanding the fact that majority of senior and middle management level officers lack the required skill to handle digitalised records, the Ministry...
Gas shortfall:Â PM orders immediate inquiry against top management of SNGPL, SSGC
ISLAMABAD: Prime Minister Imran Khan has ordered the initiation of an immediate inquiry against the managing directors (MDs) of Sui Northern Gas...
Uzbekistan keen to help uplift Pakistan’s agriculture sector
Uzbek envoy says both countries need to adopt a new approach, centralise the whole system and do away with ‘shadow economy’
ISLAMABAD:Â Ambassador...