Govt will arrange $20bn from external sources, IMF told
ISLAMABAD: The government will arrange $20 billion from external sources to bridge the financial gap and to build the reserves for 2019, Pakistan informed...
SBP launches incentive scheme to promote home remittances
The State Bank of Pakistan (SBP) has announced an incentive scheme for the promotion of home remittances.
According to a circular issued by...
China’s Exim Bank vows to extend cooperation with Pakistan
Pakistani delegation, led by the planning minister, reaches Beijing ahead of the 8th JCC meeting Â
BEIJING:Â Planning, Development and Reform Minister Makhdum...
Govt plans visa on arrival for 55 countries to uplift tourism sector
Adviser to the Prime Minister for Commerce and Investment Abdul Razak Dawood said on Tuesday that Pakistan is considering allowing visa on...
IMF to check Pakistan’s debt sustainability before giving loan
The International Monetary Fund on Tuesday said that Pakistan’s capacity to return loans will be assessed, adding that it will consider the...
Pakistan’s economic growth likely to hit nine-year low in FY19
Pakistan's economic growth in the current fiscal year is likely to hit a nine-year low, dipping to almost 2.9 per cent, a...
PSX drops another 193 points in triggerless trade
KARACHI: In the absence of positive triggers, the Pakistan Stock Exchange (PSX) continued with its downward streak on Tuesday. Market participation remained...
From Jakarta to Buenos Aires, the world feels Fed’s sting
JAKARTA:Â When the US Federal Reserve kept lifting interest rates this year, a world away in Jakarta profits dropped to next to nothing...
British Airways to resume Pakistan flights after a decade
BA, which is owned by Spanish-registered IAG, is due to begin the London Heathrow-Islamabad service on June 2, with three weekly flights by the airline’s newest long-haul aircraft, the Boeing 787 Dreamliner
Afghan Transit Trade hurting domestic stationary industry
Govt urged to impose regulatory duties on the import of pencils
ISLAMABAD: Adviser to the Prime Minister on Commerce Abdul Razak...
PM for efforts to meet target of 15m cotton bales production
Working group constituted to revamp the existing seed registration institutes
ISLAMABAD:Â Prime Minister Imran Khan on Monday called for consorted efforts to...
Agreements worth $260m signed at 14th Build Asia Exhibition
KARACHI:Â The three-day '14th Build Asia Exhibition' concluded successfully in Karachi on Monday, as it facilitated the signing of agreements worth $260 million...
Omar Ayub for immediate action against power pilferers
'A total of 15,489 cases of theft have been detected since the launch of Power Division's crackdown'
ISLAMABAD: Power Division Minister Omar Ayub...
Foreign direct investment dips 35pc in five months
KARACHI:Â Despite the efforts and claims of the incumbent Pakistan Tehreek-e-Insaaf (PTI) government, the foreign direct investment (FDI) dipped by 35.2 per cent...
ECC approves imported urea price at Rs1,712 per 50kg bag
ISLAMABAD: Finance Minister Asad Umar on Monday chaired the Economic Coordination Committee meeting which reviewed the fertiliser availability situation in the country.
The...