Miftah meets WB CEO, apprises regarding 75 reforms implemented by Pakistan
ISLAMABAD: Pakistan delegation led by Adviser to Prime Minister on Finance, Revenue and Economic Affairs Dr Miftah Ismail participated in the IMF, World Bank...
Transport corridor projects to create economic surplus: WB report
ISLAMABAD: A report launched by the World Bank Group (WB) here on Thursday revealed that investment in transport corridors is expected to create large...
PSX ends 129 points higher amid positive sentiment
KARACHI:Â Bullish sentiments prevailed at the Pakistan Stock Exchange (PSX) on the last trading session of the week.
Foreign investors were once again the net sellers...
PSX ends in green amid range-bound trading
KARACHI:Â The Pakistan Stock Exchange witnessed a slow start to the trading week, as the indices remained range-bound while volumes remained thin. Foreign investors, much...
Resurfaced circular debt threatening the economy: PEW
The Pakistan Economy Watch (PEW) on Sunday said the circular debt has again resurfaced and is threatening the fragile national economy.
The infamous power sector...
ADB to provide $2.7bn to Pakistan in 2019
KARACHI:Â The Asian Development Bank (ADB) on Wednesday announced that it will provide $2.7 billion in approved financing to Pakistan during the outgoing calendar year.
Taking...
PSX gains 749 points following finance bill announcement
KARACHI:Â The months' long wait was finally over for investors at the Pakistan Stock Exchange (PSX). With the announcement of the amended Finance Bill for...
Pakistan to inadvertently suffer if world goes to ‘trade war’
KARACHI: US President Donald Trump is embarking on a journey to adopt protectionist policies which might result in a global trade war. Although Pakistan...
Finance ministry reviews matters related to FATF meetings
ISLAMABAD: The Finance Minister, Dr Shamshad Akhtar, in the wake of Financial Action Task Force (FATF) Plenary meeting in Paris, here on Friday chaired a meeting on matters...
NAB sends notices to defaulting buyers in privatisation of 14 companies
ISLAMABAD: Privatisation Commission (PC) has informed that National Accountability Bureau (NAB) has issued final notices to defaulting buyers of various organisations under the privatisation...
FBR releases Rs26.43billion tax refund claims of exporters
ISLAMABAD
Finance Minister Ishaq Dar, with the push of a computer button on Tuesday, electronically transferred Rs 26.43 billion worth of tax refunds into the...
IMF says satisfied with Pakistan’s implementation of economic reforms
Pakistan’s inflation to fall to 4.8pc, debt-to-GDP ratio to 73pc in 2025
Lucky Cement records consolidated profit of Rs14.82b
KARACHI: On a consolidated basis, Lucky Cement Limited reported a net profit after tax of Rs14.82 billion after taking out Rs1.35 billion attributable to...
MCB Bank posts highest ever profit before tax of Rs48.25bn, 200pc cash dividend for 2020
The Board of Directors of MCB Bank Limited (MCB) met under the chairmanship of Mian Mohammad Mansha on Wednesday to review the bank’s performance...
NBP to receive preparatory license to open branch in China
BEIJING
The National Bank of Pakistan (NBP) will be granted a preparatory license by the Chinese government to establish a branch in the Chinese capital...
