Rupee has attained its “optimal value”, no further need for devaluation: Dr. Miftah Ismail
WASHINGTON: Pakistan’s de-facto Finance Minister Dr. Miftah Ismail in an interview to Bloomberg TV on Friday said the rupee had attained its...
IMF requires to control large external imbalances: US Treasury secretary
WASHINGTON: U.S. Treasury Secretary Steven Mnuchin said on Friday that the International Monetary Fund needed to “step up to the plate” to...
Pakistan informs U.S it isn’t seeking any bailout from the IMF
WASHINGTON: Pakistan’s de-facto Finance Minister, Dr. Miftah Ismail apprised U.S officials in a meeting in Washington on Thursday that Pakistan wasn’t seeking...
Pakistan, Afghanistan agree to meet next month for resolving trade dispute
WASHINGTON: To resolve trade-related problems, Pakistan and Afghanistan have decided to set-up working groups and a high-level meeting in this regard will...
UPS targeting Pakistan’s growing international trade and CPEC
LAHORE: UPS, the international global logistic company is entering into a partnership with local logistics and shipping titan TCS, as it eyes...
Efforts afoot to introduce 5G technology in Pakistan by 2020: Anusha Rahman
ISLAMABAD: Minister of State for Information Technology and Telecommunication, Anusha Rahman on Friday said the government was making all-out efforts to ensure...
Govt spent $7 billion to keep rupee overvalued against the U.S dollar
ISLAMABAD: A member of the Economic Advisory Council (EAC) has said the government spent $7 billion in last few years to keep...
Pakistan contemplating floating a Panda Bond: Report
LAHORE: Adviser to the Prime Minister on Finance, Dr. Miftah Ismail has stated Pakistan is contemplating to issue a debt denominated in...
K-Electric & SSGC given 24-hour ultimatum to resolve dispute
ISLAMABAD: Ministry of Energy efforts to resolve the raging dispute between K-Electric and Sui Southern Gas Company (SSGC) over outstanding payments and...
Bank of Khyber profits surge by 25pc to Rs447.711 million
LAHORE: The Bank of Khyber (BOK) in a notification to Pakistan Stock Exchange (PSX) on Friday, released its financial results for the period...
Shell, Unilever to invest £100 million in Pakistan
LAHORE: As Pakistan struggles to sustain its depleting foreign reserves, on Thursday global consumer brand Unilever and Anglo-Dutch oil giant Shell announced investments worth...
OGRA likely to question SNGPL on charging local gas consumers with LNG rates
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) is likely to seek a response from Sui Northern Gas Pipelines Limited (SNGPL) over...
NA body discusses PSM losses, Ramazan package
ISLAMABAD: The National Assembly Standing Committee on Industries and Production met here in the Parliament Lodges on Friday with MNA Asad Umar...
TDAP-industry relationship to boost trade sector
LAHORE: The government is committed to facilitating trade and help generate a greater pace of economic development in the country.
All trade-related issues of...
Miftah meets IMF, WB, ADB reps in Washington, discuss economic outlook
ISLAMABAD: Visiting Pakistan delegation led by Dr Miftah Ismail, Adviser to Prime Minister on Finance, Revenue and Economic Affairs participated in the IMF /...