Not consulted on plan to raise fuel prices to finance subsidy: IMF

Fund seeking more information on regarding scheme’s details and will viability discuss with Pakistani authorities

Default watch: Is the government giving up?

The government may have just given up on a deal with the IMF. The least they can do now is be honest

China deposits another $500m to Pakistan

LAHORE: Pakistan on Friday obtained $500 million as the second payment from the $1.3 billion facility provided by the Industrial and Commercial...

Despite global downturn, ed-tech sector sees hope with Maqsad’s $2.8 million round

LAHORE: Despite a global slump in venture financing and an abysmal year for Pakistan’s startup ecosystem, ed-tech startup Maqsad has managed to...

What is happening at Credit Suisse — the Swiss bank that had at least 1400 Pakistani accounts

Credit Suisse has been plagued by a series of scandals, leading to a significant decline in its shares. Pakistani names have regularly been associated with the bank’s scandals.
Urea fertiliser

ECC directs Petroleum Division to supply indigenous gas to urea fertiliser

Shortfall between demand, supply of fertiliser estimated to be 0.3MMT

Exclusive: Embattled Shehbaz claims political uncertainty not a hindrance in IMF talks 

Claims his govt has accepted ‘harsh’ terms from the fund and is trying its best not to offend the IMF

Deal with IMF just few days away: PM Shehbaz

Govt has now accepted even the toughest conditions set by IMF, PM says
Cotton

ECC pegs cotton price

ECC fixes cotton price at Rs8,500 per every 40 kg
Singapore-economy

Good governance: The secret sauce to Singapore’s economic, political stability

Writing for Dawn, Seyyda Taskeen Abbas Naqvi talks about Singapore, a small island nation in Southeast Asia, which in recent years has...

Saudi Aramco earns $161b profit for 2022

RIYADH: Saudi Aramco said on Sunday it achieved "record" profits totalling $161.1 billion last year, drawing an outraged response from activists warning...

Remittances slide 9.5% to $2b in February

ISLAMABAD: Overseas workers’ remittances posted a decline of 9.5% to $2 billion on a year-on-year (YoY) basis in February FY23 as compared...

Opinion: Reaching an agreement with IMF will only postpone the crisis

Writing for Dawn, author Zubair Khan explains that Pakistan is on the verge of default despite its engagement with the IMF at...

PKR depreciates by 1.13% against US dollar

On Thursday, the Pakistani rupee experienced a depreciation of 1.13% against the US dollar, settling at 282.3 as reported by the State...

‘SBP to facilitate import transactions as balance of payment situation improves’

Central bank says pharma industry can import raw material without prior approval