Pnjab govt announces Rs18bn tax waiver, Rs10bn relief package

Doctors and paramedics to get additional month’s salary over anti-corona efforts

SBP reduces cheque clearing time in wake of virus outbreak

KARACHI: The State Bank of Pakistan (SBP) has significantly reduced the time it takes to clear a cheque, according to a circular...

IMF chief says ready to help Pakistan avert corona crisis

'Our team is working expeditiously to respond to PM Khan's request so that a proposal can be considered by the IMF’s Executive Board as soon as possible'

Telcos call for ease in restrictions as lockdowns disrupt services

ISLAMABAD: As the usage of internet has increased 15pc due to lockdowns imposed across the country, the service providers are finding it...

Rupee makes sharp recovery against dollar

KARACHI: After suffering a massive loss in early trade on Friday morning, the Pakistani Rupee made a sharp recovery against the US dollar...

OMCs asked to cancel oil import orders as demand drops

ISLAMABAD: The Ministry of Energy (Petroleum Division) has directed all oil marketing companies and refineries to cancel their planned import of motor...

SBP announces relief package for borrowers 

KARACHI: The State Bank of Pakistan (SBP) and the Pakistan Banks Association (PBA) have announced a relief package, amid growing concerns about...

NDMA gets Rs5bn ‘emergency grant’ to fight coronavirus

'The amount shall be utilised to ensure the provision of different types of personal protection equipment against COVID-19'

Is cash in Pakistan’s economy expected to rise?

KARACHI: In the midst of the COVID-19 pandemic, there has been anecdotal evidence to suggest that demand for cash has increased. Much...
Dr-Hafeez-Shaikh

Govt seeks IMF’s help to insulate economy from coronavirus

–Hafeez Shaikh says Fund requested to provide additional $1.4bn to contain fallout, WB to provide $1bn –Sys economy will slow down, Rs1.2tr announced...

Govt to procure record wheat worth Rs280bn: Asad Umar

'If I was a member of the monetary committee, I would have suggested a bigger cut in interest rate'

‘Govt working on local manufacturing of ventilators’

--Official says body on coronavirus will soon test drugs that are believed to be useful in curing the disease --Says developers have been...

SBP relaxes import rules for medical supplies

KARACHI: The State Bank of Pakistan has relaxed import regulations on medical equipment in order to help the country fight the COVID-19...

‘Konnect by HBL’ offers medical consultation and much more

There have been times all of us have gotten stuck in some bad situation and have wondered, wish I could solve this...

GB to open border for Chinese medical supplies

Supplies include three ventilators, 200,000 face masks among other things