IMF demanding implementation of free float exchange rate mechanism in Pakistan
The IMF has sought full disclosure of all the financing details regarding CPEC projects with projected inflow and outflow figures for a number of years
Pakistan remained a net loser in FTAs with Indonesia, China, Malaysia and Turkey: Dawood
Govt planning to give a comprehensive industrialisation policy, wherein, the focus will be on engineering, chemical, IT and agriculture sectors instead of the textile sector alone, said Dawood
Govt produces ten-point economic strategy for boosting growth
Officials stated the government is going to approve an SME policy in current FY19 and bolster Small and Medium Enterprise Development Authority (SMEDA) in the next financial year
Foreign loan disbursements to Pakistan recorded at $1.7 billion
Pakistan external financing requirements have been revised to $22 billion on expectations that the current government would be able to rein in current account deficit to $13 billion in current FY19
Pakistan, Egypt agree on measures to boost bilateral trade
ISLAMABAD: Pakistan and Egypt on Monday agreed to take measures like visa facilitation for businessmen, exchange of trade-related information and business delegations as...
‘Govt striving hard to make garment industry competitive’
LAHORE: Adviser to Prime Minister on Commerce Abdul Razak Dawood has said the government is taking all necessary measures to make the...
Efforts underway to improve trade ties with regional countries: Asad Umar
‘Economic and trade policies are being formulated to ensure provision of job opportunities to the youth’
QUETTA: Finance Minister Asad Umar said on...
Statistics Division asked to focus on poverty mapping for targeted resource allocation
ISLAMABAD: Planning, Development and Reform Minister Makhdum Khusro Bakhtiar on Monday visited the Statistics Division wherein he was given a detailed briefing on...
PSX closes in green amid volatility
KARACHI: The investors of the Pakistan Stock Exchange (PSX) witnessed a jittery ride on Monday as they waited for the verdict by the...
SEP resubmits offer to acquire 66.4% stake in K-Electric
On December 21st, as per regulations, Shanghai Electric withdrew its offer due to lapse in the prescribed time period for making a public announcement of the offer
FBR to extend EPOS to retail stores and shopping malls
The tax department has informed the International Monetary Fund (IMF) that the government will extend the EPOS to retail chain stores and shopping malls till March 2019
China unveils tariff adjustments for next year to boost foreign trade
Import tariffs on so-called alternative meals, including rapeseed meal, cotton meal, sunflower meal and palm meal, will be removed from Jan. 1, 2019, along with those for the materials of some pharmaceutical goods
$3 billion to be received in one go from UAE: Report
According to sources, an interest rate of 2.18% will be charged on the $3 billion to be deposited in the central bank
Talks with IMF face obstacles, as adjustments sought deemed “too steep”
The forthcoming IMF programme envisages an adjustment between Rs1,600 to Rs2,000 billion over a three to four years duration
NAB likely to cut out names of accused from ECL in KASB-BankIslami case
LAHORE: Prime Minister Imran Khan has directed authorities to consider taking off names of four accused in the KASB Bank merger case,...