USDA projects Pakistan’s sugar production may decline to 6.5 million tons in 2018-19
The projected decline in sugar production has been attributed to a reduced area as farmers shifted to other crops like cotton and corn because of better prices and faster return on their investment
Pakistan, China committed to uplifting deprived segments through CPEC
Planning minister says a major breakthrough is expected in JCC meeting with regard to Gwadar social sector projects, including new airport,...
82% of Pakistani urban consumers made a online purchase in 2018: Nielsen
Fashion ranks as the top online purchased category in Pakistan at 40%, followed by travel 31% and IT 29% respectively
ECC allows export of 500,000 tonnes of wheat
ISLAMABAD:Â The Economic Coordination Committee (ECC) has granted an approval for the export of 500,000 tonnes of wheat.
Finance Minister Asad Umar on Tuesday...
No headway made in first round of talks with IMF
Discussions will continue in the coming weeks toward reaching a staff-level agreement, said the IMF
Pakistan’s GDP growth to slow down to 5.4% in FY19: Fitch
An analyst pointed out a discrepancy between projections of Fitch Ratings and Fitch Solutions of 40 basis points in GDP growth, i.e. 5% and 5.4% respectively
CRRC keen to invest in Pakistan under CPEC
BEIJING:Â China Railway Rolling Corporation (CRRC), Tangshan, has shown keen interest to invest in Pakistan under the China Pakistan Economic Corridor (CPEC) by...
Pakistan’s economic potential needs better projection: Saudi envoy
ISLAMABAD:Â Ambassador of Saudi Arabia to Pakistan Nawaf Saeed Al-Malkiy has said that Pakistan has a great business and economic potential which needs...
Govt in a fix over ‘tough’ IMF conditions
IMF suggests Pakistan increase GST, interest rate, gas and electricity tariffÂ
Pakistan asked to further devalue its local currency by Rs10...
Pakistan receives $1bn from Saudi Arabia, SBP confirms
KARACHI: Pakistan has received $1 billion from Saudi Arabia as part of the $3 billion pledged by the kingdom to Islamabad as...
57th CPEC progress review meeting to be held tomorrow
ISLAMABAD:Â As the Joint Coordination Committee (JCC) of China Pakistan Economic Corridor (CPEC) is scheduled to be held in Beijing next month, the...
PM Khan to take final decision on IMF bailout
Finance ministry to brief PM on talks with IMF and Arif Naqvi’s presence in the meeting chaired by PM may ignite a new controversy
IMF sets stringent conditions for receiving bailout package
The government officials have clearly stated that no such conditions would be accepted which impact the country’s welfare and sovereignty
Pakistan’s new rulers grapple with an old problem: How to get people to pay taxes
One of the world’s lowest tax collection rates partly help explain the shoddy state of Pakistan’s hospitals and schools, and why the illiteracy rate hovers above 40 percent in the mainly Muslim nation of 208 million people
China says no developing country will fall into debt trap by cooperating with it
Speaking at the Asia Pacific Economic Co-operation (APEC) summit on Saturday, Pence took aim at China’s Belt and Road initiative, saying countries should not accept debt that compromised their sovereignty