China confident it can clinch U.S. trade pact, Trump demands “real deal”
In a brief statement on its website, the ministry said China would try to work quickly to implement specific issues already agreed upon, as both sides “actively promote the work of negotiations within 90 days in accordance with a clear timetable and road map”
IMF at initial stage of assessing how much funding Pakistan requires for a bailout: Report
Ms Sanchez said that the IMF doesn’t micromanage countries and instructs as to which development and investment projects they should carry out
Pakistan negotiating $2 billion commercial loans with China: Report
Contrarily, another official stated no progress had been made on market access with China
Pakistan, Italy sign MoU for economic & trade cooperation
Dhaga said Italy would extend cooperation for value addition of different sectors to boost exports
Oil refineries on verge of closure, as furnace oil imports soar
Pakistan State Oil (PSO) is owed dues of Rs268 billion from power powers for the supply of furnace oil
Inflation touches 6.5% in November, decreases 0.3% MoM
On a month-on-month (MoM) basis, it decreased by 0.3 per cent in November 2018 as compared to an increase of 2.3 per cent in the previous month and an increase of 0.4% in November 2017
Federal Cabinet to look into stalled KE- Shanghai Electric deal
Power Division says netting off KE dues is not workable due to a contractual obligation between KE and SSGC as well as KE and NTDC
External debt & liabilities soar to record high of $96.735 billion
According to the central bank’s data, long-term foreign debt was recorded at $64 billion by end of September 2018 compared to $56.3 billion from the corresponding period last year
Railways, PIA & PSM among 12 SOEs removed from privatization list
The committee was further informed that the government would privatize eight SOEs on priority which includes SME Bank, First Women Bank, Haveli Bahadur Power Plant, Parri Petroleum, Lakhra Coal Mines, Services International Hotel Lahore, and Jinnah Convention Center Islamabad
Govt to cut down its expenses by 10pc
In line with the government’s austerity drive, the finance ministry on Tuesday issued a notification announcing a ban on new postings and...
Swiss companies keen to establish businesses in Pakistan
Swiss official says initiatives of new govt in Pakistan have created a positive sentiment among foreign investors
ISLAMABAD: Many Swiss companies are...
ECC allows releasing Rs2bn outstanding claims to sugar mill owners
ISLAMABAD: Economic Coordination Committee (ECC) of the Cabinet has directed the Finance Division to release the outstanding claims, worth Rs2 billion, to sugar...
Asad Umar assures redressal of industrial woes
ISLAMABAD: Finance Minister Asad Umar on Tuesday held a meeting with a delegation of Karachi Chamber of Commerce and Industry (KCCI).
Petroleum Minister Ghulam...
‘Govt to utilise renewable energy sources to meet growing demand’
ISLAMABAD: Planning, Development and Reform Minister Makhdoom Khusro Bakhtiar and Minister for Energy (Power Division) Omar Ayub Khan jointly chaired a meeting on...
Govt seeks early dispatchment of funds from friendly countries
'In case the expected assistance from friendly countries is delayed further, the finance ministry will speed up compliance with the IMF conditions'
ISLAMABAD: As...