Pakistan’s GDP grows at a nine-year high of 5.3%
GDP to clock in at 5.5% in 2017-18 whereas government is targeting 5.7%
KARACHI: Pakistan’s GDP grew by 5.3 per cent in...
Economic survey 2016-17: Sluggish demand in world imports hit Pakistan’s exportsÂ
Imports increased by 18.7 per cent in first nine months of FY 2016-17
ISLAMABAD: Admitting that government will not be able to...
Economic Survey 2016-17: Massive machinery imports under CPEC to raise trade deficit
The trade deficit is expected to rise in the short term as a result of import of machinery and equipment under the...
Dar unveils Economic Survey 2016-17
Finance Minister Ishaq Dar while unveiling the economic survey 2016-17 today said that the economy had grown 5.28pc in the current financial...
Global X MSCI Pakistan ETF’s assets quadrupled says: Bloomberg report
A Bloomberg report has cited that investors have been on a spree of buying up a US listed exchange trade fund dedicated...
OBOR is a symbol of golden age of globalisation says: PM Nawaz Sharif
As Pakistani leadership stands by China in implementation of its multi-billion dollar ‘One Belt, One Road (OBOR) initiative’ the region is set...
Federal budget with 4.8t outlay to be presented on Friday
Finance Minister Ishaq Dar will present the fifth federal budget of ruling democratic dispensation with an estimated outlay of Rs4.8t for the...
PM to inaugurate first 660 MW Sahiwal coal power project today
The Sahiwal Coal Power Plant's first 660 MW unit will be inaugurated by the Prime Minister Muhammad Nawaz Sharif today. The project...
Federal government allocates Rs25b for Karachi projects in upcoming year’s budget
For Karachi, the federal government has earmarked Rs 25b in the upcoming year’s budget 2017-18 for the projects and schemes there. These...
Pakistan Railways and PSO sign fuel transportation agreement
The Ministry of Petroleum and Pakistan Railways have signed an agreement for fuel transportation of 2m tonnes to be facilitated by the...
Circular debt in power sector crosses Rs400b
In a briefing to the Public Accounts Committee (PAC) provided by the Ministry of Water and Power (MOWP), it was revealed that...
Decrease corporate tax and CGT rate says: PSX
The government has been requested by the Pakistan Stock Exchange (PSX) to reduce the corporate tax rate for companies listed on the...
SSGC jacks up LPG prices by Rs10 per kg
The Sui Southern Gas Company (SSGC) has increased the LPG prices by Rs10 per kilogram after which domestic cylinder and commercial cylinder...
Pakistan’s foreign borrowings may cross $11b
The government plans to obtain $8.1b worth of new foreign loans in the upcoming financial year 2017-18 for project and budget financing...
FBR’s anti-money laundering cell starts probe into bitcoin trading
Islamabad: The Federal Board of Revenue’s (FBR) anti-money laundering cell of the Directorate General of Intelligence and Investigation, Inland Revenue ((I&I-IR) on...