Pakistan criticizes World Bank for overestimating repayment obligations
Islamabad: Pakistan criticized the World Bank for overestimating its external repayment obligations by $13b, which actually stands at $18b, the Finance Ministry said...
Economic diplomacy among govt’s top priorities: Qureshi
ISLAMABAD: Foreign Minister Shah Mehmood Qureshi has said that economic diplomacy was one of the top priorities of his government's foreign policy.
In a...
Govt striving for technology promotion
FAISALABAD: State Minister for Finance Rana Muhammad Afzal Khan said on Saturday the government was striving hard to promote technology which was...
French budget deficit sinks to 12-year low
PARIS: France's budget deficit fell to a 12-year low of 2.5pc in 2018, a greater-than-expected decline achieved despite falling growth and purchasing...
Revised CPEC LTP plan remains unshared with provinces
ISLAMABAD: Federal government has once again refused to share revised Long-Term-Plan (LTP) of China-Pakistan Economic Corridor with provinces.
The government on Wednesday had...
Weekly inflation rises 0.31 pc
ISLAMABAD: The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on May 10 for the combined income groups witnessed...
FBR to devise ‘transparent central system’ for issuance of refunds
In compliance of decision taken by the federal government to address the grievance of the business community, the Federal Board of Revenue...
Punjab provides Rs1.5 billion aid to AJK for its education sector
Muzaffarabad: The government of Punjab has provided RS1.5 billion as aid to Azad Jammu and Kashmir (AJK) government for the betterment of...
Concern expressed over constant decline in textile exports
LAHORE
Chairman Pakistan Hosiery Manufacturers and Exporters Association (PHMA) Aadil Butt has expressed concern over decline in textile exports, which have decreased by...
China, Belt and Road countries’ trade volume amounted to $1.1 trillion last year
BEIJING: Last year, trade volume between China and countries along the Belt and Road amounted to $1.1 trillion, up 14.8 per cent...
Pakistan upgraded to MSCI Emerging Markets status
Karachi: The Pakistan Stock Exchange was upgraded to Morgan Standley Capital International Emerging Markets status on Tuesday (today).
The PSX observed a bullish...
Govt releases Rs53.615 billion for development projects
Islamabad: The government has so far released Rs53.615 billion under its Public-Sector Development Programme (PSDP) for the fiscal year 2017-18 for various...
Investment Boards of Sindh, Balochistan agree to work together
KARACHI:Â The heads of the boards of investment of Sindh and Balochistan agreed to form a Joint Marketing and Project Development Strategy to...
Textile exports increase 7.2pc to $7.73bn in the last seven months
KARACHI: Pakistan’s textile exports surged by 2.1 per cent year-on-year (YoY) to $1.085 billion in January 2018 compared to $1.064 billion in...
Govt striving for development of country: Rana Afzal
ISLAMABAD: Minister of State for Finance Rana Muhammad Afzal has said the Pakistan Muslim League-Nawaz (PML-N) government was effectively working for the...