Exports of services grew 3.45 percent during first five months of FY 2017-18
ISLAMABAD: The exports of services witnessed increase of 3.45 percent during the first five months of the current fiscal year compared to...
UK announces $400b package of govt-backed loans for business
LONDON: Britain has announced what finance minister Rishi Sunak called an “unprecedented package" of government-backed loans worth £330 billion ($400 billion, 363...
IMF acknowledges Pakistan’s measures to contain spread of Covid-19
The International Monetary Fund (IMF) has acknowledged Pakistan's measures to contain the spread of the coronavirus, Radio Pakistan reported on Tuesday.
IMF's recent...
Sterling dives, FTSE thrives after UK election shock
Pound sterling falls by 2.5pc on Friday
London: Sterling tumbled as much as 2.5 percent on Friday, while the FTSE share index opened...
ADB may extend $2b annual loan to Pakistan
Islamabad: The Asian Development Bank (ADB) Vice President, Wencai Zhang on Thursday indicated that the lender may be considering extending out a...
ECC defers summary to withdraw partial export incentives
The Economic Coordination Committee (ECC) of the Cabinet on Friday has postponed taking a decision on the summary moved by the finance...
Two-thirds of Americans support wealth tax on very rich
WASHINGTON:Â The idea of imposing a wealth tax on the richest Americans has got sharply divergent views across a spectrum of politicians, with...
Investment in country increased by 78%, claims Minister Hammad AzharÂ
LAHORE: Minister for Economic Affairs, Hammad Azhar has said that investment in the country has increased by 78 percent due to the...
IMF sees medium-term risks to global economy
WASHINGTON: The International Monetary Fund (IMF) on Tuesday urged policymakers to keep a close eye on financial vulnerabilities such as rising debt...
US manufactured goods sales plunge 17.2pc in April
WASHINGTON: New orders for US manufactured goods cratered in April by 17.2 percent as the COVID-19 pandemic shut down factories nationwide, the...
Agri package helped sector to grow by 3.46pc in FY 2016-17: Dar
Finance Minister Senator Mohammad Ishaq Dar said Sunday due to the relief package announced by the government, the agriculture sector had received a...
Economic turnaround was a result of prudent policies says: PM
Islamabad: Prime MinÂister Shahid Khaqan Abbasi on Monday said the economic turnaround achieved as a result of prudent economic policies pursued by...
Bears keep control as index drops 285 points
KARACHI: Bearish trend continued at the Pakistan Stock Exchange (PSX) on Tuesday, with the benchmark KSE-100 index falling below the 39,000-mark.
Foreign investors...
Pakistan is fast improving ease of doing business: Ishaq Dar
The present Government is committed to ensuring transparency in all sectors of the economy working closely with international organisations like OECD etc. for...
REAP all set to organise Sharjah Expo 2017
LAHORE
In order to promote Pakistan’s one of the growing industries, the Real Estate and Investment Pakistan (REAP) is preparing for a two-day...