Pakistan signs $1.5bn loan agreements with IFIs to strengthen Covid-19 response
ISLAMABAD:Â Pakistan on Friday signed three financing agreements worth $1.5 billion with three International Financial Institutions (IFIs) -- World Bank (WB), Asian Development...
Stocks extend losses amid lack of triggers
Despite a good start, KSE-100 settles lower by 100 points at 33,438.94
Exports increase by 8.48pc in 11 months
ISLAMABAD: Pakistan’s exports increased by 8.48 per cent during the first eleven months of the current fiscal year compared to the corresponding...
NPMC takes notice of essential food items price hike
ISLAMABAD: A meeting of the National Price Monitoring Committee (NPMC) held on Tuesday, under the chairmanship of the finance secretary took notice...
11MFY20: Cement exports fall 6.8pc to $242mÂ
ISLAMABAD: The export of cement from the country witnessed a decline of 6.79pc during the first 11 months of the current financial...
Pakistan fiscal deficit to hit 9.5pc of GDP: Fitch Ratings
According to Fitch, lower oil prices are expected to offset the decline in remittances, which will keep the current account deficit stable at 2% of GDP through the next fiscal year.
Big industry suffers monthly contraction of 32.9pc in April
Overall output of large-scale manufacturing during July-April FY20 decreased by 8.96pc as compared to the same period of last year
SBP raises Rs47bn from Sukuk auction
KARACHI: The State Bank of Pakistan (SBP) has reported that the government raised Rs47.24 billion through the auction of the five-year Government...
Mango exporters welcome opening of borders with Iran, Afghanistan
--Iran allows six more Pakistani companies to export mangoes
--PIA announces concessional air freight charges for mango exportersÂ
ISLAMABAD: With the government's intervention, major...
SBP reserves rise by $11m to $10.1bn
KARACHI: The net foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $11 million to $10.107 billion during...
PMLN asks PTI government to increase budgetary allocation for livestock, dairy sector
LAHORE: Pakistan Muslim League Nawaz (PMLN) on Thursday asked the Pakistan Tehreek-e-Insaf (PTI) government to increase budgetary allocation for livestock and dairy...
Pakistan’s economy to grow by 2pc in FY21, says ADB
'Pakistan was on a path of economic recovery before Covid-19 and will resume efforts to address macroeconomic imbalances once the virus subsides'
Bears dominate PSX as index sheds 308 points
'Political uncertainty amid emergency lockdown in different parts of the country caused investors to rethink their decisions'
LCCI urges govt to bring business centric amendments in budget FY21
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) during a seminar held on Thursday, urged the government to make some amendments...
Timely action helped Pakistan mitigate Covid’s impact on home remittances: MoF
Finance secretary says remittances declined by a meagre 4.3pc in 11 months, as compared to World Bank's forecast of -23pc for the ongoing fiscal