Asad Umar says will only take IMF’s money, not dictation

PTI govt has clear strategy to get Pakistan out of the begging-bowl syndrome - Asad Umar

Pakistan’s economy registers 5.3pc growth in FY 2016-17

According to provisional figures released by the National Accounts Committee, Pakistan’s economy grew at 5.3pc in the current financial year.  This is...

China ready for equivalent response to US tariffs, says Chinese envoy

BEIJING: China will take counter-measures of the “same proportion” and scale if the United States imposes further tariffs on Chinese goods, China’s...

Ministry of Planning proposes development projects worth Rs1.3 trillion in next budget

ISLAMABAD: While the Ministry of Finance (MoF) is unlikely to reconsider its decision to cut the development budget to Rs750 billion in...

Reko Diq award not expected for at least 6-8 months

Govt denies report that PIA will not be allowed touchdown until payment of the fine in question on time

AIIB pledges support for Pakistan’s development agenda

'The bank has decided to finance scores of development projects in line with government priorities'

Govt decreases power tariff by Rs3 per kWh for zero-rated industry to enhance exports

Consequently, the tariff cut will be beneficial for the industry and enhance the country’s competitiveness in the global market besides reducing the cost of doing business

Auto-parts industry on brink of collapse

Increase in regulatory duties hurting auto-parts industry, on the brink of collapse and endangering 200,000 jobs  Karachi: Regulatory duties imposed by the government...

‘Automation of data imperative for authentic economic statistics’

Minister directs PBS to include 'disabled' column in Pakistan Social and Living Standards Measurement questionnaire ISLAMABAD: Planning and Statistics Division Minister Makhdum Khusro...

PSX down 28 points amid volatility

KARACHI: Volatility continued at the Pakistan Stock Exchange (PSX) for second consecutive session where the indices kept shedding gains to end the day...

Pakistani’s have stashed Rs153b in Swiss banks: SNB

Zurich: According to data released by the Swiss National Bank (SNB) on Thursday, the amount of money kept there by Pakistani nationals...

IMF team to evaluate Pakistan’s 2nd quarter progress from Feb 3

--A detailed review of NEPRA Act on the cards --FBR likely to request up to Rs150bn reduction in revenue target ISLAMABAD: The International Monetary Fund...

CPEC to open up attractive avenues for investment

Islamabad: The China-Pakistan Economic Corridor (CPEC) is a unique opportunity to integrate regional economies, an analyst on contemporary politics and international relations...

‘Govt envisions Pakistan among world’s top 50 economies in 5 years’

PM's advisor says govt working on simplifying the taxation system and visa regime for businessmen BOI chief says dedicated business units...

OGRA penalises PLL Rs560 mn over cancellation of four LNG cargoes

ISLAMABAD: In a blow to the government’s efforts to promote LNG business in the country, OGRA has imposed a Rs560 million penalty...