Rs330.992 billion released for development projects under PSDP 2017-18
ISLAMABAD: The government has released over Rs330.992 billion under its Public-Sector Development Programme (PSDP) 2017-18 for various ongoing and new schemes against...
Pakistan procured $40 billion loans in last four years
ISLAMABAD: Pakistan procured $40 billion of loans during PML-N’s four-year tenure till end of October 2017.
The figure is $6.2 billion higher than...
Market Weekly: PSX enters the year with a bang, 5pc gains in 5 sessions
LAHORE: The KSE 100 index extended its run-up yet again, for the 12 consecutive sessions, and wrapped the week up with 615.28...
China concerned over Pakistan’s weakening debt repayment capacity
ISLAMABAD: As the projects worth $ 27 billion under China Pakistan Economic Corridor (CPEC) are under implementation, China is reportedly a little...
Inflation risk may shake global markets
NEW YORK: Investors devoted to the idea that inflation will stay subdued should be worried.
Worldwide data have recently made clear that producer-price...
SBP Governor urges business community, banks to ensure smooth implementation of SME finance policy
KARACHI: State Bank of Pakistan (SBP) Governor Tariq Bajwa the business community and banks to ensure smooth implementation of the recently announced...
China welcomes Pakistan’s move to Yuan
BEIJING:Â China has welcomed Pakistan's move allowing the Yuan to be used for imports, exports and financing transactions for bilateral trade and investment...
No plan yet to approach IMF again: Rana Afzal
KARACHI:Â Federal Minister Finance Rana Muhammad Afzal has said the government has no intentions of approaching the International Monetary Fund (IMF) for financial...
Market Daily: Slow yet positive, KSE 100 gains 57.40pts
LAHORE: Investors at the Pakistan Stock Exchange (PSX) led a shaky start to the day following the recent exchange of tweets between...
Pakistan is largest beneficiary of Chinese concessional loans
ISLAMABAD: Over $4 billion in concessional loans have been given by China to Pakistan for current infrastructure projects and additional $8b are...
Pak envoy to China discusses CPEC with planning secretary
ISLAMABAD: Pakistan’s Ambassador to China Masood Khalid called on Planning, Development and Reform (PD&R) Secretary Shoaib Ahmad Siddiqui on Tuesday to discuss...
SBP approves CNY for bilateral trade, investment activities
KARACHI: The State Bank of Pakistan (SBP), in the capacity of the policymaker of financial and currency markets, has taken comprehensive policy...
The biggest threats to China’s economy next year
China starts three years of "critical battles" against debt, poverty and pollution in 2018 as policymakers also face rising US interest rates,...
CPI Index shows 4.57pc increase in December
KARACHI: The Consumer Price Index (CPI), during December 2017 witnessed an increase of 4.57 per cent as compared to the same month...
Reports about gross financing needs highly exaggerated
ISLAMABAD: Pakistan’s external gross financing requirements and the risk they pose to the sustainability of the external account have been exaggerated by media...