Dar to lead delegations to IMF-World Bank from April 21-23

Minister for Finance Senator Muhammad Ishaq Dar will be leading Pakistan delegations to the IMF – World Bank spring meetings in Washington...

Dar chairs 5th meeting of NFIS

Finance Minister, Senator Mohammad Ishaq Dar chaired the 5th meeting of National Financial Inclusion Strategy (NFIS) Council on Friday. UN Secretary General’s...

APTMA chief demands immediate disbursement of refunds

All Pakistan Textile Mills Association (APTMA) Chairman Aamir Fayyaz has denounced the Federal Board of Revenue (FBR) for rolling back all sales...

Approval of Companies Bill postponed until next meeting

The Senate Standing Committee on Finance on Friday announced that it has deferred the approval of Companies Bill 2017 until the next...

Pak may borrow $750m from China to pay back Eurobond debt

The Pakistani government is considering borrowing an additional $750m in short-term loans from China, in order to pay back the Eurobond debt...

Declining exports: Commerce ministry seeks implementation of Rs 180bn bailout package

Though the government is yet to implement the Rs180 billion incentive package to boost the country’s exports since its announcement in January...

Pak can achieve 8-10 pc economic growth, says Ahsan Iqbal

The country can achieve 8 to 10pc economic growth for the next three decades mainly due to the China-Pakistan Economic Corridor (CPEC),...

Foreign exchange reserves decline 1.57pc

Foreign exchange reserves have decreased 1.57pc week-on-week.According to data released by State Bank of Pakistan (SBP), on March 31, the foreign currency...

ADB report forecasts GDP growth of 5.2pc in 2017

Stressing that continued economic reform is an absolute necessity to reach a high growth trajectory, the Asian Development Bank (ADB) has suggested,...

PSE borrowing reaches a record high of Rs 128.5bn in July -Mar

Public-sector enterprises (PSEs) continue to borrow from the commercial banks as all attempts by the government to privatise loss-making PSEs continues to...

PM recommends estabilishment of trade chamber with Germany

As a step forward to enhancing bilateral economic ties between Pakistan and Germany, the Prime Minister  (PM) Nawaz Sharif has recommended the...

Asad stresses on exploring Chinese export markets

National Assembly’s Standing Committee on Industries and Production Chairman Asad Umar has said that the economic relations with China should be exploited...

China’s Xiaohong likely to replace Liepach as ADB country director to Pak

The Asian Development Bank (ADB) has nominated China’s Xiaohong Yang as the country director to Pakistan, media sources have reported. The step...

IMF warns of challenges as Pak misses fiscal deficit target

Pakistan on Wednes­day adjusted its fiscal deficit target by a significant margin, owing to a shortage in revenue collection, media sources have...

Export led sustainable growth our top priority: Ahsan Iqbal

Federal Minister for Planning, Development and Reform (PD&R), Ahsan Iqbal has said that obtaining export-led sustainable growth is our top priority, where...