LSM posts 9pc growth in 9MFY21

Big industries posted 9 per cent growth during the first nine months of current fiscal year but the index slid for the...

Amazon adds Pakistan to approved sellers list

US e-commerce giant Amazon has added Pakistan to its approved Seller’ List, Adviser to Prime Minister of Pakistan for Commerce and Investment...

IMF told Pakistan won’t increase tariffs, says Shaukat Tarin

ISLAMABAD: Finance Minister Shaukat Tarin said on Wednesday that Pakistan had informed the International Monitory Fund (IMF) that increasing taxes or tariffs...

Tarin hints at renegotiating IMF programme

ISLAMABAD: Federal Minister for Finance and Revenue, Shaukat Tarin, has hinted at renegotiating the International Monetary Fund (IMF) programme. During the National Assembly...
Exports-Japan

Exports cross $2bn for seventh consecutive month

Pakistan’s exports have crossed the $2-billion mark for seven successive months (Oct-April) of FY21, according to a tweet by Adviser to Prime...

First-ever shipment from Pakistan under TIR leaves for Uzbekistan

ISLAMABAD: As a major development showing increasing trade ties with Central Asian countries, the first-ever shipment from Pakistan under Transport Internationaux Routiers...
ADB-Pakistan

ADB projects Pakistan’s growth at 4pc in 2022

ISLAMABAD: Pakistan’s economic growth is expected to rebound this year before gaining pace in 2022 as business activity gradually resumes after the coronavirus...

Pandemic exacerbates debt vulnerabilities of Pakistan: IMF

ISLAMABAD: The International Monetary Fund (IMF) has said that the Covid-19 pandemic has exacerbated existing debt vulnerabilities of Pakistan and led to a...

Kisan Card initiative to transform agriculture sector: PM

MULTAN: Prime Minister Imran Khan has said that the government’s historic initiative of Kisan Card will transform the agriculture sector in the country,...

NAB, FIA initiate probe to ascertain facts, fix responsibility for last year’s petroleum shortage

ISLAMABAD: The National Accountability Bureau (NAB) and the Federal Investigation Agency (FIA) have separately moved to take action against individuals responsible for...

China agrees to open Khunjerab border for trade

ISLAMABAD: Following Pakistan's persistent requests, China has agreed to open Khunjerab border for trade but with stiff conditions in view of the...

Petrol smuggling costing national exchequer Rs240bn loss annually

ISLAMABAD: Pakistan is bearing an annual loss of Rs240 billion due to the smuggling of Petroleum products, according to the Petroleum Commission's...

UAE rolls over $2bn loan for another year

LAHORE: The United Arab Emirates (UAE) on Tuesday rolled over $1 billion loan which was due to be paid on April 19,...

Tarin directs PBS to compare wholesale, retail prices of food items in more cities

ISLAMABAD: The Finance Minister Shaukat Tarin on Monday directed the Pakistan Bureau of Statistics (PBS) to regularly compare the difference in wholesale...

Sugar crisis intensifies in Punjab’s provincial capital

LAHORE: Despite the government's claims, the sugar crisis in Lahore could not be overcome and has instead intensified, leaving citizens worried to...