World Bank warns brewing trade storm jeopardizes global economy

The growth of the world economy is expected to slow to 2.9 percent this year, and 2.8 percent in 2020, slightly below the previous forecast, and the estimates for nearly all regions and countries were downgraded

Economic stability achieved by Pakistan’s caretaker govt, says Finance Minister

In a recent press conference, Dr. Shamshad Akhtar, Caretaker Federal Minister for Finance, announced that Pakistan's economy has stabilized due to effective...

Govt focusing on enhancing exports to strengthen economy: Miftah

Minister for Finance Miftah Ismail has said that country's exports have increased while imports are decreasing due to effective policies of the government.

Power consumers data to be scrutinized for widening tax base

ISLAMABAD: To broaden the tax net, Ministry of Finance requested distribution companies (Discos) to share data of power consumers for determining people...

More than two-thirds female engineering graduates jobless: Survey

ISLAMABAD:  A recent joint research initiative by Gallup Pakistan and Population Research in Identity and Disparities for Equality (PRIDE) has shed light...

Pakistan suggests ADB strengthen its resident mission

“The ADB may also further strengthen its capacity to support social sector, help expand private sector, operations including Public-Private-Partnerships (PPPs), enabling development member countries to address these challenges,” Economic Affairs Division Secretary Syed Ghazanfar Abbas Jilani said

Pakistan, Afghanistan agree to resolve issues hampering bilateral trade

ISLAMABAD: A Technical Working Group (TWG) of Afghan officials is currently in Pakistan to negotiate on issues that are hampering bilateral and transit trade...

PM directs for ensuring availability of wheat throughout the country

ISLAMABAD: Prime Minister (PM) Imran Khan has directed to ensure availability of sufficient stock of wheat in line with the requirements of...

Miftah chairs monetary and fiscal policy coordination meeting

ISLAMABAD: The Adviser to Prime Minister on Finance, Revenue and Economic Affairs, Dr Miftah Ismail Chaired the meeting of Monetary and Fiscal Policies...

Market Daily: KSE 100 hits another 52-week intraday low

LAHORE: After Thursday’s bloodbath with KSE 100 shedding well over 1,100 points, the Pakistan Stock Exchange (PSX) ended last trading session of the...

1.2Bcf LNG being imported to plug deficit, Senate told

ISLAMABAD: Energy Minister Omar Ayub Khan on Friday informed the Senate that the government was importing around 1.2 billion cubic feet (Bcf)...

Dollar reserves of commercial banks exhibit 24 percent rise

KARACHI: Data available from State Bank of Pakistan for last 13 months till end of January 2018 revealed reserves held by commercial...

KSE-100 ends in green after volatile session

KARACHI: Investors at the Pakistan Stock Exchange (PSX) witnessed a volatile trading session on Wednesday, with the benchmark KSE-100 Index managing to...

Stocks extend losses amid lack of triggers

Despite a good start, KSE-100 settles lower by 100 points at 33,438.94

Tax collection had enhanced 17pc before Covid-19: Asad Umar

ISLAMABAD: Planning and Development Minister Asad Umar has clarified that tax collection had been enhanced by about 17 per cent by February...