Caretaker government proposes minibudget
Cut in expenditure, additional regulatory duties on the cards
Trade deficit plunges by 16.5pc in July
ISLAMABAD: The trade deficit of Pakistan has decreased to $3.192 billion in July, a decrease of about 16.15 per cent from the...
Dr Shamshad for improving quality of local products to decrease imports
ISLAMABAD: Caretaker Finance Minister Friday said that improving the quality of local products at par with international standards was imperative to discourage imports into...
Finance Minister chairs NEC meeting to outline steps for FATF action plan
ISLAMABAD: Finance Minister, Dr Shamshad Akhtar chaired a meeting of the National Executive Committee (NEC) here on Thursday.
NEC is a high-level body established to...
Government to finalise budget on June 8
The government is set to finalise the outlay for the federal budget 2020-21 on June 8 in a meeting of the National...
Respite for PSX as index closes 100 points higher
KARACHI:Â The Pakistan Stock Exchange (PSX) changed its direction on Wednesday, as indices managed to recover losses from the preceding session. Foreign investors...
Barclays ends partnership with cryptocurrency exchange Coinbase: sources
LONDON:Â Barclays is no longer providing banking services to major cryptocurrency exchange Coinbase, sources familiar with the matter told Reuters, ending a relationship...
Market Daily: Interest seen in select sectors, KSE-100 gains 300 points
Overall, the KSE-100 fell to day’s low of 42,453.88 with the loss of 57.17 points in early trade. It later added 349.27 points and touched intraday high of 42,854.32.
K-Electric posts Rs2.96bn loss for FY20
The Board of Directors of K-Electric Limited recently approved the company's financial results for the year ended June 30, 2020.
As per the...
FATF grey-listing does not affect Pakistan’s ability to borrow: IMF deputy director
The grey-listing of Pakistan by the global watchdog Financial Action Task Force (FATF) has no direct consequences for its ability to borrow...
Senate committee expresses concerns over non-availability of agri-credit
ISLAMABAD
Senate’s Standing Committee on National Food Security and Research here on Wednesday expressed its concerns over the non-availability of credit for the...
Following another positive session, KSE-100 gains 2,537 points in week
KARACHI:Â The Pakistan Stock Exchange witnessed a volatile session on the last trading day of the week, as the indices swung in both...
Top leadership in conundrum over IMF bailout
Also, sources revealed the country’s external financing requirement would range from $25 to $27 billion for FY19 and they couldn’t be met alone with the assistance of China
Pakistan to borrow $1bn from China, as traditional lenders withhold loans
LAHORE: As inflows from traditional lenders are expected to fall below budgeted projections, Pakistan has initiated talks with a Chinese financial institution...
Looming FATF meetings spark debate on Pakistan’s possible inclusion in ‘grey list
KARACHI: The Financial Action Task Force's (FATF's) committee may put the country’s transactions on its grey list, but the decision is not...