Govt considering restoration of RD on vehicles, mobile phones

ISLAMABAD: The Federal Government is considering restoration of regulatory duties on vehicles and mobile phones. Federal Board of Revenue (FBR), Chairman, Asim Ahmad...

Has Pakistan complied with all prior actions of the IMF?

The board demands yet another interest rate hike, as per reports.

Headline inflation in April at record high, hits a distressing 36.4%

Pakistan’s inflation outpaces Sri Lanka as Asia’s fastest

Inflation levels to plateau in coming months, says finance ministry

The balance of payment for the month of March reveals that the trade deficit in goods and services declined by 9.1% on a MoM basis and 54% on YoY basis

US default on debt would trigger ‘economic catastrophe,’ Yellen says

U.S. Treasury Secretary Janet Yellen on Tuesday warned that failure by Congress to raise the government's debt ceiling - and the resulting...

Another day, another claim of ‘just a few more days’ 

The govt’s repeated claims that a deal with the IMF is only a few days away have become laughable

China’s Shanghai to ramp up high-tech investments

China's financial hub of Shanghai will promote investments in specialized technology including chip design, circuitry and artificial intelligence as the country pushes...

Govt to submit SOEs bill in Parliament for better management of losses making entities

No policy framework to cover entire SOEs portfolio at present

Engro announces massive Rs23bn in dividends. But is this a good thing?

After a decade of trying to find the right investment, Engro takes a step back

CAD records surplus after two years

Pakistan's current account achieved a surplus of $654 million in March, as per data released by the State Bank of Pakistan (SBP)...

Soaring inflation dampens Eid holiday spirit

ISLAMABAD: The holiday that marks the end of the Muslim fasting month of Ramazan used to be a guaranteed earner for Pakistan's...

Big industry output contracts by 11.59% in February

LSM output dips 5.56% YoY during July-February

UAE confirms bilateral support of $1bn

ISLAMABAD: Minister for Finance and Revenue Senator Mohammad Ishaq Dar on Friday said that UAE authorities have confirmed to International Monetary Fund...

IMF Managing Director states Pakistan has not yet reached default level

The Finance Minister of Pakistan, Ishaq Dar, announced that the United Arab Emirates has informed the International Monetary Fund (IMF) that they...

The only thing worse than Pakistan’s foreign reserves is its savings reserves  

With inflationary pressures, it’s becoming difficult for households to save money, but the big investors had given up way before