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: 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: As the policy level talks between Pakistan and International Monitory Fund (IMF) are underway, the IMF team is scheduled to visit the...

Pakistan, China urged to tackle global conspiracies by trading in local currencies

Chinese economist says Pakistan’s agricultural capacity should be utilised to stimulate growth Former DG ISI affirms Pakistan is capable of withstanding...

Pakistan risks foreign investment with threat to reopen LNG deals: Former PM

Exxon Mobil returned to Pakistan in May with an investment in an offshore drilling project. It has expressed interest in building an LNG terminal in the country

‘Govt’s export-oriented policies will lead to speedy economic development’

PM’s advisor says second phase of Free Trade Agreement with China will be worked out till June 2019 LAHORE: The government is...

Energy blackouts have lessened due to CPEC: Report

Gwadar Port, a major project under CPEC, is fully operational, connecting Pakistan with a broader export market from the Middle East with Central Asia via land and maritime routes

Economic growth in energy-rich Gulf to recover in 2018: IMF

For oil-importing countries in MENA, growth is expected to continue at a modest pace of 4.5 percent in 2018, before dropping back to four percent next year, the IMF said

China offers Pakistan to establish foot and mouth disease-free zones

Meat and meat preparation exports to overseas market rose by a meagre 2.26% to $225.646 million in the previous FY18

KP to construct 496MW ‘Spat Gah’ hydropower project in Kohistan

It would be constructed under public-private partnership mode

Hurdles have been removed to execute reforms agenda, Senate informed

The State Minister for Finance revealed data of 96,000 offshore account holders from Pakistan in 27 countries had been accumulated, whilst data from another 13 was awaited

IMF raises questions over measures to rein in fiscal deficit

IMF pondered over how the government aimed to achieve the projected fiscal deficit target of 5.1% when the development programme had been slashed severely

Gwadar rising fast in Pakistan’s economic landscape

BEIJING: Once a small backward fishing town off the Arabian Sea in the southwest Balochistan province, Gwadar now is rising fast in the...

China hints at Afghanistan’s inclusion to CPEC, Belt & Road Initiative

Beijing sees Kabul as a ‘natural partner’ of China-Pakistan Economic Corridor Panelists discuss way forward on regional peace, development at 4th Trilateral...