Govt seeks Rs13.16t to repay domestic debt
Islamabad: The incumbent government's borrowing appetite knows no bounds, as it is seeking approval of the National Assembly to get additional Rs15t...
Tesco seeks entry into local retail industry
Tesco PLC – United Kingdom’s (UK) largest and the world’st third largest retailer has allianced with Alpha Supermarkets in Pakistan to introduce...
Financial crisis hits two-thirds of KP Municipal Administrations, urgent need for Rs343mn
PESHAWAR: In Khyber Pakhtunkhwa, 92 tehsil municipal administrations are struggling with a severe financial crisis. These administrative bodies, employing 343,000 individuals and...
Remittances grew 12% in first seven months of FY19: Asad Umar
The Finance Minister said that the economy is visibly responding to the stabilization measures taken by the PTI government
KP GDP growth reduces by half in FY23
P&D estimates that it would take at least 2 years for GDP growth to climb back to FY22 levels
‘Imran likely to announce economic package, provincial rights for GB’
ISLAMABAD: Gilgit-Baltistan (GB) Governor Raja Jalal Hussain Maqpoon on Sunday said that Prime Minister Imran Khan is likely to announce an economic...
Prime Minister chairs meeting of ECC
Islamabad: Prime Minister Shahid Khaqan Abbasi on Tuesday chaired a meeting of the Economic Coordination Committee (ECC) here in PM Office Islamabad.
ECC...
Govt committed to establishing water & hydropower projects
LAHORE: The Federal Minister for Water Resources Muhammad Faisal Vawda said on Monday that the government was committed to constructing water and hydropower...
Govt rejects IMF request seeking details about CPEC
In a meeting on Friday with the Ministry of Finance officials, the US embassy officials raised the issue of transparency in CPEC deals
Pakistan obtains $500 million loan from China to boost forex reserves
ISLAMABAD: The borrowing spree of Pakistan sees no end as it has got a $500 million foreign commercial loan from Industrial and...
Unity Foods announces new edible oil under brand name ‘Dastak’
LAHORE: Unity Foods Limited on Monday informed all stakeholders regarding the launch of its new edible oil under the brand name “Dastak”....
Tussle intensifies between PIA management, finance department
LAHORE: Pakistan International Airlines (PIA) management and its finance department seem to be at loggerheads in the aftermath of a letter written...
New Pakistan PM Khan calls for austerity; wants bullet-proof cars sold
He also announced plans to sell a fleet of bullet-proof vehicles to help Treasury shortfalls, a bold move in a country where Islamist militants still pose a threat.
Moody’s upgrades Pakistan’s outlook from ‘under review for downgrade’ to ‘stable’, maintains B3 rating
---Moody's forecasts current account deficit (CAD) for ongoing FY21 at 2 per cent of GDP compared to 1.1 per cent recorded in FY20
Market Daily: Interest seen in select sectors, KSE-100 gains 300 points
Overall, the KSE-100 fell to day’s low of 42,453.88 with the loss of 57.17 points in early trade. It later added 349.27 points and touched intraday high of 42,854.32.