Govt announces Rs200bn package for exporters

ISLAMABAD: The government has decided to announce a support package of Rs200 billion for exporters in order to enhance the country's exports, encourage...

Gas companies seek up to 31pc tariff hike

ISLAMABAD: Two state-owned gas utilities – Sui Northern Gas Pipelines Limited and Sui Southern Gas Company Limited – have asked the Oil...

Pakistan meets all performance criteria for end-September with comfortable margins: IMF

ISLAMABAD: The International Monetary Fund (IMF) and the local authorities have finally reached a staff-level agreement after the lending agency concluded its...

Govt likely to appoint ‘technical advisers’ to oversee ministries, divisions

ISLAMABAD: The government is all set to appoint technical advisers in 15 ministries and divisions to boost their performances and in this regard,...

Govt starts restructuring BoDs of state-owned enterprises

ISLAMABAD: The government has started making changes to the Board of Directors (BoDs) of various state-owned companies, including the Sui Southern Gas Company...

Pakistan, China agree to break ground for ML-I project in six months

JCC approves Gwadar Master Plan, inaugurates Multan-Sukkur Motorway Chinese official says CPEC's 2nd phase to focus on socio-economic and industrial cooperation ISLAMABAD: The...

Cabinet approves Electric Motor Vehicle Policy

ISLAMABAD: The federal cabinet on Tuesday approved the Electric Motor Vehicle Policy, as Prime Minister Imran Khan directed his economic team to formulate...

‘Current account deficit falls 64pc, FDI surges 137pc in first quarter’

ISLAMABAD: Economic Affairs Minister Hammad Azhar has said the current account deficit declined by 64pc during the first quarter of the ongoing fiscal...

Pakistan resolves $1.2bn Karkey dispute with Turkey

The Pakistani government has resolved the Karkey power plant dispute with the help of Turkish President Recep Tayyip Erdogan, Prime Minister Imran...

Buybacks have hit the Pakistani capital markets. Investors beware

Perhaps we should have seen this coming, but count us surprised. Share buybacks – the practice of publicly listed companies buying back...

PM reaffirms support for smart subsidy

Punjab govt mulls launching 'Kissan Card' programme to ensure 'targeted subsidy for small farmers' Farmers having up to five acres of...

CPEC committee to take up ML-1 financing issue with China

ISLAMABAD: The Cabinet Committee on China-Pakistan Economic Corridor (CPEC) has decided to take up the financing issue of Main Line-I project with...

‘Centre, provinces working closely on fiscal, taxation issues’

Dr Hafeez Shaikh says continuous dialogue between centre and provinces has resulted in better budget and expenditure management IMF mission chief...

PM Imran updates WB president on economic reforms

PM says ease of doing business, enhancement of tax base and mobilisation of domestic resources among top govt priorities WB president...

KCR project likely to remain in limbo

ISLAMABAD: The much-delayed mega project of Karachi Circular Railway (KCR) is once again likely to be neglected at the highest forum of...