IMF bailout still in Pakistan’s best interest, says Asad Umar
'It will be a huge challenge if there is no headway in the negotiations in the next few days'
Finance Minister Asad...
IMF hopeful of economic turnaround under incumbent regime
Mission says CPEC will not only increase Pakistan's energy production but will also help the country achieve sustained economic growth
ISLAMABAD:Â The International Monetary Fund...
‘Rupee depreciated 7.7pc against dollar since PTI takeover’
State minister attributes the fall in exchange rate to the deterioration in balance of payments during last fiscal
ISLAMABAD:Â State Minister for...
Pakistani businessmen urged to form strong liaison with US counterparts
LAHORE:Â An eleven-member delegation of US businessmen, led by Bolingbrook (USA) Mayor Roger C Claar, held business-to-business meetings with their Pakistani counterparts to...
Foreign direct investment dips 46.4pc in four months
KARACHI: The country’s foreign direct investment (FDI) dipped by 46.4 per cent ($519.2 million) in July-October 2018-19 and stood at $600.7 million, as...
China to boost grain imports from ‘Belt & Road’ countries amid Sino-U.S. trade spat: Official
The country’s meat demand could hit 123 million tonnes while demand for grain is expected to peak at 750 million tonnes, the researcher added, without saying when those numbers would be reached
Centre’s resentment growing on provinces failure to forward nominations for NFC
The solitary nomination is said to have been received from KP and rest of the provinces including Punjab, Sindh and Balochistan have failed to forward their nominations for non-statutory (technical expert) members to the NFC.
Tapi gas pipeline to move forward after decades of delays
The first gas could be delivered to Afghanistan within around a year from the FID, and to Pakistan within two years
Sindh excise & taxation recovers record Rs700 million from vehicle tax defaulters
Sindh's Minister for Excise and Taxation Mukesh Kumar Chawla extended his gratitude to the media for advertising the campaign
Govt wants to establish ICT SEZ on priority basis in Islamabad
As per data accumulated by the central bank, the export of IT and related services rose to $1.067 billion in FY18 against $939 million in FY17, posting a 13% increase
Pakistan’s possesses massive potential for export of engineering goods: Dawood
The government has recently revived the EDB and intends to align it with regional and global counterparts in a bid to serve best industrial interests
Law ministry delay hinders Privatisation Commission from appointing financial advisers
The commission was seeking the board’s go-ahead for hiring financial advisers for the privatisation of two LNG-fired power plants namely 1,230-megawatt Haveli Bahadur Shah and 1,233MW Balloki
IMF seeks increase in revenue collection without bringing in new measures
As per the IMF’s determination, the current growth rate in revenue collection of the FBR should almost be doubled without bringing new measures, said the sources.
Borrowing by low and middle-income economies tripled in 2017: WB
WASHINGTON:Â Borrowing by low and middle-income economies from external official and private creditors surged to $607 billion in 2017 from $181 billion the...
IMF team to hold discussions on CPEC projects tomorrow
ISLAMABAD:Â As the policy level talks between Pakistan and International Monitory Fund (IMF) are underway, the IMF team is scheduled to visit the...