Govt likely to earmark Rs270bn in subsidies for FY21

ISLAMABAD: The federal government is likely to earmark Rs270 billion under the head of 'subsidies' for the next fiscal year (FY2020-21), Pakistan Today...

Trump says trade talks with China were ‘very productive’

WASHINGTON: United States (US) President Donald Trump said on Sunday that trade talks a day earlier with China had been “very productive,” as...

Asad Umar vows more incentives for investors in next budget

Minister lauds Singaporean businessmen for taking a keen interest in Pakistani market, assures them of complete support ISLAMABAD: Finance Minister Asad Umar said...

Saudi employers given green light to cut wages,  working hours

JEDDAH: In a major development, private-sector employers in Saudi Arabia whose businesses have been affected by the coronavirus pandemic have been told...

SBP to businesses: stop firing people, get a cheap loan instead

Businesses can now get loans at 4% from banks to cover salaries from April to June 2020

Country’s CPI surges to 3.4pc in August 2017: PBS

KARACHI The Consumer Price Index (CPI) inflation surged to 3.4 per cent on a year-on-year basis in August 2017 as compared to an...

US trade negotiators to visit China on March 28-29

Following the visit, Chinese Vice Premier Liu He will head to the United States in April to continue the negotiations BEIJING: Senior US officials...

‘Govt striving for speedy development in Gwadar’

Minister says Zhob-Quetta section of the CPEC western route will be completed soon GWADAR: Planning Minister Makhdoom Khusro Bakhtiar said on Monday that...

Finance minister chairs meeting on measures against currency smuggling

ISLAMABAD: Finance Minister, Dr Shamshad Akhtar here Tuesday chaired a meeting to discuss measures against cross-border illegal transportation /smuggling of currency. The minister at the outset...

APTMA expects improvement in exports from this month

LAHORE: The textile industry has apprised the federal government of its target of achieving 45pc exports in May and 55pc exports in...

SECP prescribes risk management, control guidelines for fund management industry

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has prescribed risk management and control guidelines for Asset Management Companies (AMCs). The...

Trump at odds with strengthening U.S dollar

The U.S. dollar has been climbing against major currencies for several months, with the dollar index up nearly 7.0 percent over the last three months and on Thursday hit a one year high

Amnesty scheme delayed for more deliberations

Finance adviser asks FBR to revisit the plan and make it more transparent for the public ISLAMABAD: Adviser to Prime Minister on Finance,...

Caretaker government proposes minibudget

Cut in expenditure, additional regulatory duties on the cards

Pakistan’s economy faces headwinds as coronavirus, food shortage threats loom

LAHORE: As the post-budget debate and details unfold, the government has set its targets and goals for the upcoming financial year 2020-21...