Tea worth $148.3m imported in three months
ISLAMABAD:Â 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:Â 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:Â 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:Â 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
Pakistan to begin talks with IMF over yet another bailout
Pakistan last month announced a $6 billion assistance package from Saudi Arabia, split into $3 billion in foreign currency support and a further loan worth $3 billion in deferred payments for oil
‘PM’s China visit opens up new vistas of economic cooperation’
MoF says discussions were held on immediate market access for Pakistan’s exports as well as balance of payments support
ISLAMABAD:Â Prime Minister Imran...
Pakistan’s inflation rate ringing alarm bells amid financial turmoil
The inflation rate in Pakistan has always been on the high side since the last couple of years. The average Pakistani has...
China says ready for U.S. talks, sees no winners in trade war
Beijing and Washington have imposed tit-for-tat duties on each other’s goods over recent months, with neither side backing down from an increasingly bitter trade dispute that has jolted financial markets and cast a pall over the global economy