Caretaker finance minister requests APG to be accommodating in its deadline
A six-member visiting delegation of the Asia Pacific Group (APG) found some deficiencies in Pakistan’s systems, agencies, and laws to meet its global obligations against money laundering and terror financing but noted that progress was taking place
China’s record trade surplus with U.S. risks further inflaming trade tensions
China’s trade surplus with the United States, which is at the centre of the tariff tussle, widened to a record monthly high of $28.97 billion, up from $24.58 billion in May, according to calculations based on official data going back to 2008
Stock market sheds 120 points amid range-bound trading
KARACHI:Â Investors of the Pakistan Stock Exchange (PSX) witnessed a nervous session where the indices traded within a narrow range while volumes declined...
WB approves $825mn loan to support power transmission, health, education
ISLAMABAD: The World Bank (WB) on Monday approved an $825 million funding for Pakistan to bolster its electricity transmission and distribution network,...
Pak signed FTAs with China, Sri Lanka, Malaysia so far, Senate told
ISLAMABAD: Minister for Commerce and Textile Muhammad Pervaiz Malik Friday informed the Senate that so far Pakistan has signed Free Trade Agreements...
Punjab finance minister discusses financial matters with Miftah Ismail
ISLAMABAD:Â Punjab Finance Minister Ayesha Ghaus Pasha had a meeting with Adviser to Prime Minister on Finance, Dr Miftah Ismail here on Wednesday.
The...
Strategy on cards to go after tax-evaders, growth target achievable: Rana Afzal
ISLAMABAD: Finance Minister Rana Muhammad Afzal Khan on Thursday said the government was devising a strategy to go after the tax-evaders and initially...
ECNEC gives go-ahead for revival of Karachi Circular Railway project
Islamabad: Nine development schemes worth Rs310b were given go-ahead on Friday in a meeting of Executive Committee of National Economic Council (ECNEC).
Also...
Agreements worth $305mn signed with World Bank
ISLAMABAD: Agreements worth $ 305 million were signed with the World Bank (WB) here on Friday to support projects in the agriculture...
Fertilizer exports surge by 100pc during 1st quarter FY 2017-18
ISLAMABAD: Pakistan earned US$ 26.372 million by exporting fertilizer during first quarter of current financial year 2017-18 against exports in same period...
PSM may shift liability to next government
ISLAMABAD
At present, despite tall claims, the government has failed to revive or privatise Pakistan Steel Mills (PSM) during the past four years....
Pakistan’s economy to grow close to targeted rate for FY 2017-18: IPR
LAHORE: A report released by the Institute for Policy Reforms (IPR) has said Pakistan’s economic growth rate for FY 2017-18 would be...
China won’t resort to massive stimulus but more easing seen: central bank adviser
To ward off a sharp slowdown, China has unveiled a raft of policy measures this year, including four rounds of reserve requirement ratio cuts to boost lending, along with lower taxes and fees, and moves to fast-track infrastructure projects
Govt in a fix over impending peak electricity season
LAHORE:Â Speaking to Pakistan Today, sources in the ministry have said that a one-off payment of circular debt is strongly being considered by...
‘Russia desires strong trade ties with Pakistan’
ISLAMABAD:Â Russian Federation Trade and Industry Minister Denis Manturov called on Prime Minister Imran Khan on Wednesday.
The minister briefed the PM on a...