K-Electric should clear its books, ledgers, for sale go-ahead

The committee was told due to the ongoing dispute there was no power purchase agreement between KE and Central Power Purchase Company (CPPC)

Pakistan to brief IMF on wealth fund for state-owned institutions

ISLAMABAD: The economic managers of Pakistan Tehreek-e-Insaf (PTI) will brief the visiting delegation of International Monetary Fund (IMF) on the proposed wealth fund...

Pakistan, S Korea agree to enhance economic cooperation

ISLAMABAD: Pakistan and Republic of Korea (RoK) have agreed in principle the need for high-level visits from RoK to Pakistan in order to...

IMF tells Pakistan to ‘do more’

Technical team expresses reservations on Pakistan’s failure to implement its 14-point agenda formulated four years ago The technical team of the International...

Tea worth $148.3m imported in three months

ISLAMABAD: Tea import into the country during the first quarter of the current financial year grew by 8.51 per cent as compared the...

Senators call for reduction in gas, electricity prices

Opp senators demand details of PM’s visit to Saudi, China ISLAMABAD: The senators on Thursday called for effective measures to bring down prices...

‘No comprise’ on national security in IMF deal, Asad Umar assures

Finance minister says conditions presented by IMF will be taken to National Assembly for discussion Finance Minister Asad Umar confirmed on Wednesday...

Pakistani officials leave for China to finalise relief package

ISLAMABAD: A high-level delegation from Pakistan left for China to finalise a potential relief package to inject in the country, sources said on...

Pakistan’s economy to grow 2.9% annually from 2018-2023: EIU

Surmising a modest rise in remittances, EIU estimated the current account deficit will fall to $13.1 billion in 2019 against projections of $18.3 billion in 2018

‘China agrees to double its import from Pakistan’

PM's advisor says China has accepted Pakistan’s request to allow imports with similar conditions that it had offered to member countries...

Envoy urges Pakistanis to benefit from Belgian expertise

Belgian ambassador stresses close liaison between business communities of the two countries to enhance economic cooperation LAHORE: Belgian Ambassador Frederic Verheyden on Wednesday...

Pakistan gets a confidence boost but IMF bailout still on the cards

ISLAMABAD: The finance minister’s bullish comments declaring the end of an economic crisis have bolstered confidence ahead of crunch talks with the International...

Banking sector in shambles over a plausible cyber-attack

MCB, ABL, other major banks reassure customers’ safety, SBP certifies only Bank Islami was affected

Ambassador-designate pledges to enhance Pakistani exports to Ukraine

FAISALABAD: A comprehensive, viable and foolproof system will be evolved to ensure speedy payment to Pakistani exporters dealing with Ukraine, said Pakistan's...

On eve of IMF talks, Pakistan says balance of payments crisis over

On Tuesday, Finance Minister Asad Umar said that Prime Minister Imran Khan’s securing of a $6 billion package from Saudi Arabia plus promised help from China would cover a projected $12 billion shortfall in foreign currency to service Pakistan’s debt