Germany keen to invest in Pakistan’s SMEs

Germany is keen to expand trade and investment ties with Pakistan, particularly in the area of small and medium-sized enterprises (SMEs), a...

Govt prepares new budget amid balance of payments squeeze

'This is not just about taxation measures, it is about encouraging investment, whether in the stock exchange, industry, financial sector or...

PSX gains 358 points on mini-budget optimism

Index has surged by 5.02pc since Jan 1 KARACHI: The Pakistan Stock Exchange (PSX) piled up gains for another session as the prime...

Govt releases Rs233bn for development under PSDP

Rs86.5bn released for federal ministries, Rs111bn for corporations, and Rs25.6bn for special areas ISLAMABAD: The federal government has released Rs233.4 billion against the...

World’s richest 26 own same wealth as poorest half: Oxfam

Analysts found that 3.4 billion people have barely escaped extreme poverty and are living on less than $5.50 a day The world's...

‘Serious reservations’ in Cabinet over upcoming mini-budget

ISLAMABAD: While Finance Minister Asad Umar has announced to introduce the mini-budget on January 23, the government has yet to develop consensus...

Economic zones to help reduce trade deficit: Khusro Bakhtiar

LAHORE: Federal Minister for Planning, Development and Reforms Makhdoom Khusro Bakhtiar Sunday said Pakistan was at present facing a trade deficit of $9...

Economic indicators show improvement, says finance ministry

The ministry of finance's spokesperson, Doctor Khaqqan Najeeb has said that the last six months of the incumbent government have resulted in...

SECP chief visits PSX, discusses reform agenda with directors

KARACHI: Securities and Exchange Commission of Pakistan (SECP) Chairman Farrukh H Sabzwari, along with his team, visited the Pakistan Stock Exchange Limited...

ECC to review China’s coal power plant request tomorrow

Finance Minister Asad Umar would chair a meeting of the Economic Coordination Committee tomorrow (Tuesday). The ECC would discuss a five-point agenda, including...

No funds released for over 200 development projects in six months

ISLAMABAD: Despite allocations under the Public Sector Development Programme (PSDP), funds were not released for over 200 development projects in the first half...

SBP expands National Financial Literacy Programme to all over Pakistan

KARACHI: In order to create awareness about the National Financial Literary Programme (NFLP) and to particularly sensitise the masses regarding the on-ground execution,...

Service trade deficit shrinks by 35.4pc

ISLAMABAD: The service trade deficit during first five months of the year 2018-2019 has witnessed a whopping decline of 35.4 per cent...

Debt skyrocketing but manageable: PEW

ISLAMABAD: The Pakistan Economy Watch (PEW) on Sunday said that the country's total debt stocks that have jumped to over Rs26.5 trillion are...

Finance Bill to have incentives for business community, says Asad Umar

ISLAMABAD: Finance Minister Asad Umar on Sunday said that a number of incentives will be announced for the business community in the Finance...