GB presents Rs 54.4bn budget for FY 2017-18

ISLAMABAD The Gilgit-Baltistan government has presented Rs 54.40 billion provincial budget for the fiscal year 2017-18 which included Rs 28.2 billion for non-development...

Budget failed to boost confidence of investors,exporters: PEW

ISLAMABAD The Pakistan Economy Watch (PEW) on Wednesday said economic managers have pushed the country to the brink of default as the export-import...

Dar seeks uniform national economic agenda for coming years

ISLAMABAD Minister for Finance, Revenue, Statistics and Economic Affairs Muhammad Ishaq Dar Wednesday urged all political parties to stand united for evolving national...

ICCI urges NADRA to help FBR identify potential taxpayers

ISLAMABAD President Islamabad Chamber of Commerce and Industry Khalid Iqbal Malik, has called upon the National Database & Registration Authority (NADRA) to provide...

Political uncertainty causes KSE 100 to shed another 462 PTs

KARACHI Bad news continues to come in from the Pakistan Stock Index report. From the peak of over 500 points to the wavering...

Italian furniture experts to train Pakistani woodworkers

LAHORE: Italian furniture experts will visit Pakistan soon to impart modern techniques to local artisans engaged in furniture industry to meet the...

In Pakistan, China presses built-in advantage for ‘Silk Road’ contracts

Islamabad: Last year, Pakistan held informal talks with General Electric, Siemens and Switzerland's ABB to build the country's first high-voltage transmission line....

Service exports nosedive by 36pc in April

Islamabad: Pakistan Bureau of Statistics released data on Tuesday revealing that service exports had nosedived by 36pc year on year to reach...

Balochistan to unveil budget on June 15th for FY 2017-18

Quetta: The Balochistan budget for financial year 2017-18 with a total outlay of Rs. 321.67 billion will be unveiled on June 15th. The...

ICCI voices concerns over ballooning trade deficit

Islamabad: The Islamabad Chamber of Commerce and Industry (ICCI) has shown concerns over the all-time high trade deficit that has reached $30...

Trade deficit shoots up by 42pc to reach $30b

Islamabad: Amidst rising imports and declining exports, the trade deficit for financial year 2016-17 has shot up by 42pc to reach $30b....

Pakistan eyes 2018 start for China-funded Diamer-Bhasha dam

Islamabad: Pakistan expects China to fund a long-delayed Indus river mega dam project in Gilgit-Baltistan, part of disputed Kashmir, with work beginning...

Govt seeks Rs13.16t to repay domestic debt

Islamabad: The incumbent government's borrowing appetite knows no bounds, as it is seeking approval of the National Assembly to get additional Rs15t...

Govt abandons $2b Gwadar-Nawabshah gas pipeline project

Islamabad: The $2b Gwadar-Nawabshah gas pipeline project has been abandoned by the incumbent government in light of the brewing diplomatic crisis that...

Govt releases Rs681.36b for social sector development projects

The federal government has released Rs 681.316 billion for different social sector developmental projects under Public Sector Development Programme (PSDP) 2016-17 as...