Pakistan to come out of FATF grey list in 2020: minister

ISLAMABAD: Pakistan has set a target to complete all items on its Financial Action Task Force (FATF) action plan and get upgraded from...

Current account deficit contracts by massive 64pc

Pakistan's current account deficit (CAD) in the first quarter of the current fiscal year (FY20) declined by a huge 64pc mainly due...

FATF gives Pakistan until February to act against terror financing

The Finan­cial Action Task Force (FATF) on Friday formally announced that Pakistan will remain on its grey list till February 2020. As the...

Govt to establish Customs Authority to curb smuggling

ISLAMABAD: The government has decided to establish a Customs Authority, besides developing a pool to collect data and information regarding smuggling and similar...

Imran launches Rs100bn youth loan project

ISLAMABAD: Prime Minister Imran Khan on Thursday launched the first phase of the "Kamyab Jawan Programme" to provide technical and financial assistance...

PM irked as ministries fail to comply with cabinet’s directives

ISLAMABAD: Certain ministries and divisions have been allegedly turning a deaf ear to the important directives of the federal cabinet and in this...

Pakistan, Egypt form joint working group on trade

ISLAMABAD: The Ministry of Commerce organised a Pakistan-Egypt Trade Conference in Islamabad. It was the first of a series of such conferences planned...

Hutchison Port Holdings announces $240m investment in Pakistan

'Investment will be used to build greater terminal capacity at Karachi Port' 'Hutchison Ports' total investment in Pakistan has now reached...

FATF ‘satisfied’ with Pakistan over action plan compliance

The Financial Action Task Force (FATF) on Monday expressed satisfaction over steps taken by Pakistan in line with its action plan to...

PM Imran moves against inflation, calls all CMs for meeting

Prime Minister Imran Khan on Monday directed the authorities concerned to take steps for controlling prices of basic food items and called...

Tough economic reforms bearing fruits: Dr Hafeez Shaikh

'Govt did not borrow any money from SBP and refrained from releasing any supplementary grant in order to maintain fiscal discipline' ...

Trade deficit shrinks 35pc to $5.72bn 

ISLAMABAD: With a slight increase in exports and a significant decrease in imports, the overall trade deficit in the first quarter of...

‘Dubai Land Department to provide details of Pakistani property owners’

Federal Board of Revenue Chairman Syed Shabbar Zaidi said on Friday that the tax authority has held a very productive meeting over...

AEDB approves renewable energy policy draft

ISLAMABAD: The Alternative Energy Development Board (AEDB) has unanimously approved the draft Alternative Renewable Energy (ARE) Policy 2019. The 46th board meeting of...

Pakistan, China finalise $8.2bn ML-I project: minister

ISLAMABAD: Railways Minister Sheikh Rasheed Ahmed said on Wednesday that Pakistan and China have finalised the Main Line (ML-I) project – a...