SBP says government to raise Rs3,650b via treasury bills
State Bank of Pakistan reported on Thursday that the government will be raising Rs3,650b via the auction of treasury bills and Pakistan...
Foreign Direct investment reaches $1.733b during FY 2016-17
According to figures released by the State Bank of Pakistan (SBP), it has been revealed that foreign investors repatriated $1.5b on account...
Punjab government set to unveil budget for FY 2017-18 today
The Punjab government will unveil the annual budget for Financial year 2017-18 at the Punjab Assembly today. The Finance Minister Dr Aisha...
Government taking steps to reduce debt burden
The government is taking steps to reduce the debt burden of the country, place the debt to GDP ratio on a firm...
Pakistan uses $1b loan from China to pay off eurobond debt
Pakistan’s indebtedness towards the Chinese sees no diminishing as the country again borrowed $1b to pay back for a Eurobond debt of...
Pakistan’s emerging market status first step toward becoming Asian Tiger: Report
Pakistan’s re-entry into the emerging market block, achieved with an amazing speed due to China Pakistan Economic Corridor (CPEC), driven optimism, is...
Imports under CPEC not major cause of trade deficit: analysts
ISLAMABAD: Though the government considers the import of machinery and equipment under the China Pakistan Economic Corridor (CPEC) as a major reason...
CPI inflation hikes by 5% on YoY basis
KARACHI: Consumer price index (CPI) inflation general increased by 5.0 per cent on a year-on-year basis in May 2017 as compared to...
Senate body rejects Super Tax extension
PTI leader termed it as most anti-corporate budget in Pakistan's history
ISLAMABAD: The Senate Standing Committee on Finance on Thursday unanimously rejected...
KSE-100 takes a plunge of 1800 points as PSX loses out at the Emerging Market Index
The benchmark KSE-100 index dropped 4.61% as the day progressed. The index fell by 1,810.76 points ending at 48,780.81. The KMI 30...
Senate standing committee on finance grills FBR over pending sales tax refunds
The issue of pending sale tax refunds on part of the Federal Board of Revenue (FBR) has earned them the ire of...
Service sector exports reach $4.708b in FY 2016-17: SBP
Thanks to the inflows coming from the Coalition Support Fund (CSF), Pakistan trade services recorded a $2.3b deficit during financial year 2016-17...
Early harvest energy projects under CPEC to be completed by 2018
China reaffirmed that most of the early harvest energy projects being built under the China-Pakistan Economic Corridor (CPEC) framework would be completed...
PSO receivables touch all time high of Rs300b
As Pakistan State Oil’s receivables cross Rs300b, it has been learnt that the Ministry of Finance is gearing up to release Rs45b...
TAPI partners plan to meet in Dubai, review project progress
The four-nation consortium, Turkmenistan-Afghanistan-Pakistan-India (TAPI), will be meeting in Dubai in June to review progress on the multi-billion dollars gas pipeline project...