‘Pakistan on track to fulfilling FATF conditions’

SBP governor says FATF and IMF are satisfied with Pakistan's reforms agenda

Pakistan’s performance on track, IMF says ahead of Dec 19 meeting

The International Monetary Fund (IMF) has said that Pakistan met all prior actions and performance criteria under the $6 billion programme. "The IMF...

Energas to start Pakistan’s largest LNG import terminal in 2021

Energas aims to begin construction of the $160m facility next year

Tania Aidrus, Razzak Dawood discuss digitalisation initiative

ISLAMABAD: Tania Aidrus, head of the newly launched Digital Pakistan Initiative, held a meeting with Adviser to Prime Minister on Commerce Abdul Razzak...

US sets China trade deal terms, sources say, but Beijing mum

WASHINGTON/BEIJING: Washington has set its terms for a trade deal with China, offering to suspend some tariffs on Chinese goods and cut others...

Germany to provide €12.5m for GB uplift projects

Pakistan and Germany have signed the financing agreement for Hydropower and Renewable Energy Phase-II worth Rs2.14 billion. Economic Affairs Secretary Dr Syed Pervaiz...

Artists urge IPO to follow NAB’s footsteps to curb piracy

ISLAMABAD: The country's film industry has urged the Intellectual Property Organization (IPO)-Pakistan to follow the National Accountability Bureau (NAB) in its drive against...

Pakistan, World Bank sign $406.6m loan agreement for KPEC

'Khyber Pass Economic Corridor Project aims to construct a 48km-long, dual carriageway, access-controlled motorway from Peshawar to Torkham'

KSE-100 gains 402 points as bourse turns bullish

KARACHI: Bullish sentiments prevailed at the Pakistan Stock Exchange (PSX) on Friday, as the indices remained positive throughout the session, helping the...

SBP reserves rise $120m to $9.23bn

The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased 1.32pc on a weekly basis, according to data released...

India’s November retail inflation jumps to 40-month high

NEW DELHI: India's retail price inflation in November jumped to a 40-month high on higher food prices, reducing the likelihood of the...

Saudi Aramco hits Crown Prince’s $2tr goal

Aramco's IPO is the centrepiece of Saudi crown prince's vision for diversifying the kingdom away from its oil dependence

Trade deficit contracts 33pc to 9.7bn

Pakistan's trade deficit contracted 33pc to $9.7 billion in first five months of the current fiscal year (FY20) on the back of...

SECP issues ‘Regulatory Sandbox Guidelines’ to facilitate startups

ISLAMABAD: In order to promote innovation in the financial sector and to encourage startups, the Securities and Exchange Commission of Pakistan (SECP) has...

ECC approves Rs459.5m technical grant to combat locusts

ISLAMABAD: As the desert locusts have become a threat to the country's agricultural sector, the Economic Coordination Committee (ECC) on Thursday approved...