SAARC CCI to organise seminar on ‘Climate Resilient South Asia’
ISLAMABAD: The South Asian Association for Regional Cooperation (SAARC) Chamber of Commerce and Industry (CCI) will organise a one-day seminar on “A...
Commercial attaches urged to help promote Pak products in foreign markets
LAHORE: The Pakistan Carpet Manufacturers and Exporters Association (PCMEA) has urged the government to direct the Commercial Attaches abroad to facilitate the...
IMF bailout on the cards for Pakistan’s next government: analysts
Amid stability fears, the caretaker government pledged in June to stem the current account deficit with rapidly dwindling foreign reserves
Govt decreases petrol price by Rs4.26
The government would suffer an estimated loss in revenue of Rs 10 billion as a result of the reduction in petroleum prices.
Direct flights between Pakistan, Azerbaijan to be launched soon
Direct flights to promote public links and mutual trading between Pakistan and Azerbaijan will be launched soon.
Govt willing to reduce GST on HSD to appease apex court
At current rates, the government hopes to fetch Rs55 billion per month on all POL products which includes Rs22 billion from petrol, Rs30 billion from HSD and Rs500 million from other products
Government borrowing soars 58.5 percent, touches Rs1.43 trillion in FY18
Collectively, the government obtained loans of Rs1.36 trillion from commercial and central banks during FY18, registering a rise of 25 percent against Rs1.08 trillion in FY17.
Living standards in Pakistan will be hampered by climate change: World Bank
In Pakistan, Sindh emerges as the most vulnerable hotspot, followed by Punjab, said the report
Top leadership in conundrum over IMF bailout
Also, sources revealed the country’s external financing requirement would range from $25 to $27 billion for FY19 and they couldn’t be met alone with the assistance of China
SBP notifies stricter rules for inland foreign currency and PKR movement
To ensure compliance with the FATF guidelines, the central bank on Friday announced stricter instructions to be followed by exchange companies for the movement of foreign currency and rupee within Pakistan
FBR again misses the mark, revenue collection falls short by Rs90 billion
Due to missing the revised revenue collection target of Rs3.935 trillion, the budget deficit could likely surpass 7 percent, although the final figure for FY18 is yet to be finalized
Cotton research station to be set up at Rajanpur
Secretary Agriculture Punjab Wasif Khursheed said Friday that a cotton research station would soon be established in Rajanpur district to improve cotton crop quality and increase per acre production.
Fitch Ratings appreciates steps taken to ease pressure on external account situation
In a brief analysis report, the agency has highlighted issues pertaining to foreign exchange and the current account deficit as factors likely to adversely impact the external account.
Exports of engineering goods up by 20.19pc
ISLAMABAD: Exports of engineering goods during 11 months of the financial year closed on June 30, 2018, registering about 20.19 per cent...
Economists divided over Nawaz’s verdict
On Friday an accountability court had announced the verdict in the Avenfield properties corruption reference filed by NAB, handing ousted prime minister Nawaz Sharif 11 years as jail time, Maryam Nawaz with 8 years and Captain Safdar with 1 year in jail.