Forex reserves shrink to $11.4bn
KARACHI: Declining by 1.4 per cent on a weekly basis, the country's foreign exchange reserves held by the State Bank of Pakistan (SBP)...
Over Rs466b provided to BISP beneficiaries since 2012: Senate told
ISLAMABAD:Â The Senate was informed on Thursday that an assistance of over Rs466 billion have been provided to BISP beneficiaries since 2012.
Responding to...
PEW sees economic improvement despite trade deficit
ISLAMABAD: The Pakistan Economy Watch (PEW) has said that Pakistan's economic indicators, despite showing some serious concerns in the trade deficit, are...
FPCCI asks government to reduce minimum tax rate
KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) in their budgetary proposals has urged the Federal Board of Revenue (FBR)...
Cabinet approves tripartite MoU between Pakistan, China in transport sector
ISLAMABAD: The federal cabinet on Thursday approved signing of tripartite memorandum of understanding (MoU) between National Transport Research Center, Pakistan and China...
Rana Afzal seeks opposition support for evolving charter of economy
ISLAMABAD: Minister of State for Finance, Revenue and Economic Affairs Rana Muhammad Afzal Khan on Thursday sought support from the opposition for...
IMF director discusses CPEC’s impact on Pakistan’s economy
BEIJING:Â The International Monetary Fund's (IMF)Â Director, Jihad Azour called on the Minister for Interior and Planning, Development and Reform, Ahsan Iqbal, on Thursday...
Deals worth $75m finalised at agri expo to bolster Pakistan’s economy
KARACHI: Balochistan Economic Forum's President, Sardar Shaukat Popalzai has hoped that foreign investment would reach Pakistan during the next seven years and...
USAID launches ‘Challenge Fund’ to support local SMEs, entrepreneurs
ISLAMABAD: The United States Agency for International Development (USAID) has launched the Challenge Fund in order to support the growth of small...
Pak, UK have strong potential to boost trade
LAHORE: Further strengthening of trade and economic relations with United Kingdom should be the corner stone of Pakistan’s foreign policy as this...
Country’s largest fuel farm inaugurated at new Islamabad airport
ISLAMABAD: Adviser to Prime Minister on Aviation Division Sardar Mehtab Ahmed Khan on Thursday inaugurated Pakistan’s largest and most advanced Fuel Farm Facility at the...
FBR selected 44,868 tax cases through parametric computer ballot
ISLAMABAD: The Federal Board of Revenue (FBR) has selected 44,868 tax cases through parametric computer ballot on Thursday.
Parametric computer ballot as per Audit Policy...
Growers of tobacco threaten to stage sit-in in Islamabad on April 24
ISLAMABAD: The Anjuman-e-Tahfuzi Hoqiqi Kashtkaran and the Dealer Association Khyber-Pakhtunkhwa (KP) have threatened to stage a sit-in in the federal capital on April 24 if...
Car assemblers come under fire for price increases, low standards, and cartelisation
ISLAMABAD: As the Competition Commission of Pakistan (CCP) organised a public hearing on complaints against car assemblers in the country here on Thursday,...
Better connectivity leads to stronger markets, increased demand: Ahsan Iqbal
ISLAMABAD:Â While speaking about the global economy, Federal Minister for Planning, Development and Reform, Ahsan Iqbal said that undermined economies in the world...