Millions of dollars belonging to Pakistani freelancers stuck indefinitely amid Wirecard fraud
Updated news: Pakistani freelancers to regain access to blocked funds on Payoneer cards today. Â
LAHORE/KARACHI:Thousands of Payoneer users in Pakistan are expected to...
POL price hike adds fuel to Opp’s fire
–PTI's Raja Riaz joins Opp members in criticising govt, laments non-disbursement of development funds
–Energy minister claims prices of petroleum products in Pakistan are...
Govt increases petrol price by Rs25.58
LAHORE:The federal government on Friday announced an increase in the prices of petroleum products with a Rs25.58 per litre increase in the...
Covid cut: SBP slashes interest rate to 7pc
--This is the fifth rate cut since coronavirus pandemic hit the global economy, with total reduction being 625bps in the last 100...
Senate recommends 40 amendments in Finance Bill 2020
–Senators call for raise in salary, pensions, more allocations for health, education sectors
–Reject 11pc proposed cut in share of provinces in NFC...
Covid-19: IMF revises down Pakistan’s FY21 growth forecast to 1pc
Forecast for ongoing fiscal year also revised from 1.5pc to -0.4pc
BHC annuls NFC notification, says members appointed unconstitutionally
QUETTA:Â The Balochistan High Court (BHC) on Tuesday annulled the notification issued by President Dr Arif Alvi for constitution of the 10th National...
Govt says will bring sugar mafia to task
PM directs provinces to enforce zero-tolerance policy on smuggling and hoarding
Economists point out myths and facts about Pakistan’s defence budget
--Govt to spend 17.7pc on defence-related activities in FY21Â
--Army to get 47.6pc of the total defence budget of Rs1.28tr  Â
--Pakistan's military expenditures...
Pakistan to save $2.4bn in 2020 debt relief: World Bank
'Poorest countries can cumulatively save over $12bn owed to sovereign and other creditors this year'
Italy’s Eni mulls exiting Pakistan after 20 years
The proposed plan includes disposal of Eni's producing assets in Bhit, Badhra and Kadanwari, as well as its processing facilities and several non-operating assets
Pakistan, ADB sign $235m loan accord for Karachi’s Red Line BRT corridor
'The project will restructure the entire width of the 26.6km corridor, including construction of 29 stations, green areas, bicycle lanes, sidewalks etc.'
KP finance minister unveils Rs923bn ‘tax free’ budget for FY21
--Govt earmarks Rs317bn for development, Rs124bn for health, Rs184bn for merged districts
--Despite Covid-19 challenges, KP govt expects its income to surge by...
Pakistan signs $1.5bn loan agreements with IFIs to strengthen Covid-19 response
ISLAMABAD:Â Pakistan on Friday signed three financing agreements worth $1.5 billion with three International Financial Institutions (IFIs) -- World Bank (WB), Asian Development...
Pakistan fiscal deficit to hit 9.5pc of GDP: Fitch Ratings
According to Fitch, lower oil prices are expected to offset the decline in remittances, which will keep the current account deficit stable at 2% of GDP through the next fiscal year.