IMF, World Bank assure Pakistan of continued support

The International Monetary Fund (IMF) and the World Bank provided assurances of their continued support to Pakistan in meetings with Adviser to Prime Minister...

PM satisfied with economic progress

Prime Minister Imran Khan has lauded his finance team for "turning the national economy around within a year". Taking to the social networking website twitter,...

‘Cement sales decline 50pc to 70,000 tonnes per day’

LAHORE: The sale of cement in the country has declined by more than 50 per cent to almost 70,000 tonnes per day mainly due...

Pakistan to come out of FATF grey list in 2020: minister

ISLAMABAD: Pakistan has set a target to complete all items on its Financial Action Task Force (FATF) action plan and get upgraded from the grey...

PM’s economic team lauded for chalking out Pak-China FTA-II

KARACHI: Federation of Pakistan Chambers of Commerce & Industry (FPCCI) President Engr Daroo Khan Achakzai on Saturday appreciated the strenuous efforts made by the prime...

Current account deficit contracts by massive 64pc

Pakistan's current account deficit (CAD) in the first quarter of the current fiscal year (FY20) declined by a huge 64pc mainly due to a...

Pakistan briefs IMF, WB and ADB officials on economic reforms

ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh, who is currently on a visit to Washington DC to attend...

FBR extends deadline to file tax returns

The Federal Board of Revenue (FBR) on Friday extended the last date for submission of sales tax and federal excise duty for the tax...

‘Canadian companies mull investments in Pakistan’s energy sector’

ISLAMABAD: Canadian High Commissioner to Pakistan Wendy Gilmour said on Friday that Canadian companies are looking forward to investing in Pakistan, especially in its transmission...

Experts stress bold decisions to avert FATF scare

ISLAMABAD: As the Financial Action Task Force (FATF) has directed Islamabad to take more measures for the complete elimination of terror financing and money laundering,...

PLTL annuls LNG terminal agreement with PGPCL

ISLAMABAD: Pakistan LNG Terminals Limited (PLTL) has terminated the operation and service agreement (OSA) of the LNG re-gasification terminal with Pakistan Gas Port Consortium...

Food imports down 24pc, exports up 14pc in Q1 FY20

Food group imports into the country during the first quarter of the current financial year (July-Sept 2019-20) decreased considerably by 24.7pc, whereas exports increased...

‘$1.2bn penalty in Karkey case likely to be waived’

Senior lawyer and Pakistan Tehreek-e-Insaf (PTI) leader Babar Awan has said that the $1.2 billion penalty that Pakistan has to pay to Turkey's Karkey...

Pakistan, China agree to enhance cooperation in fisheries, tourism sectors

ISLAMABAD: Planning Secretary Zafar Hasan has said that the China-Pakistan Economic Corridor (CPEC) was progressing satisfactorily, as a lot of challenges related to it have...

PIA to operate 13 flights on new int’l routes

ISLAMABAD: Pakistan International Airlines (PIA) will operate 13 flights on its new international routes, an official of the national flag carrier said on Friday. He said...

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FBR extends deadline to file tax returns

The Federal Board of Revenue (FBR) on Friday extended the last date for submission of sales tax and federal excise duty for the tax...

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Steel manufacturers demand ban on import via land routes

ISLAMABAD: As the smuggling of steel items continues at Iran and Afghan borders under the garb of some "certain rules", the steel industry has...