SBP increases discount rate by 25bps to 6 per cent after 19 months
KARACHI:Â The State Bank of Pakistan (SBP) governor, on Friday, increased the discount rate by 25 basis points to 6 per cent after...
PAC asks AGP to hold inquiry into purchase of expensive electricity
ISLAMABAD: Public Accounts Committee (PAC) Chairman Syed Khursheed Ahmed Shah, on Tuesday, directed the Auditor General of Pakistan (AGP) to hold an inquiry for fixing...
NA panel directs FBR to take revenue enhancing measures
ISLAMABAD: The National Assembly's Standing Committee on Finance and Revenue, on Tuesday, directed the Federal Board of Revenue (FBR) to take further measures to increase...
Government pursuing business friendly environment: PM
ISLAMABAD:Â Prime Minister Shahid Khaqan Abbasi, on Tuesday, reiterated the commitment of the government to undertake all possible measures aimed at creating an...
China considers Pakistan most important partner in foreign policy: Parliamentary body told
ISLAMABAD: Parliamentary Committee on China Pakistan Economic Corridor (CPEC) was informed here on Monday that China considers Pakistan the most important partner in its foreign...
SAI Pakistan keen to work with WB to introduce audit reforms: AGP
ISLAMABAD: The Supreme Audit Institution (SAI) is keen to work with World Bank (WB) and other stakeholders for introducing and implementing reforms...
NADRA reduces microfinance verification cost under NFIS
ISLAMABAD:Â National Database and Registration Authority (NADRA), on the recommendation of Technical Committee on Insurance, formed under the National Financial Inclusion Strategy (NFIS),...
Pak-China CPEC Cultural Caravan to boost tourism: MD PTDC
ISLAMABAD: Pakistan Tourism Development Corporation (PTDC) Managing Director (MD) Abdul Ghafoor, on Sunday, said that Pakistan and China’s joint cultural caravan will boost...
Railways set to re-launch Kohat Rail Car on January 25
RAWALPINDI:Â Pakistan Railways (PR) will re-launch Kohat Rail Car on January 25 and all arrangements in this regard are being finalised.
Earlier, PR had...
PM directs to focus on ensuring continuation of GSP Plus status
ISLAMABAD: Prime Minister (PM) Shahid Khaqan Abbasi chaired a high-level meeting at PM Office on Friday which reviewed the efforts for the...
US should announce economic package for repatriation of Afghan refugees: Ahsan Iqbal
GWADAR:Â Interior Minister Ahsan Iqbal, while responding to the United States (US) said that the US should do more instead of telling Pakistan...
Government committed to protect rights of traders: PM
ISLAMABAD:Â Prime Minister (PM) Shahid Khaqan Abbasi on Friday said that the present government is committed to protecting rights of traders as the...
Economy maintaining growth momentum despite external headwinds: SBP
KARACHI:Â The State Bank of Pakistan on Friday stated that preliminary data on key macroeconomic indicators suggest that growth momentum remained strong in...
Retired DMG officer Shahid Mehmood appointed Asian Development Bank ED
ISLAMABAD:Â Government on Thursday appointed Shahid Mehmood, a close aide of the defunct finance minister Ishaq Dar, as Executive Director (ED) Asian Development...
SBP’s reserves go down by $383m in last 15 days
KARACHI: The total reserves of the State Bank of Pakistan (SBP) declined by $383 million in the last 15 days as the country’s...