WB lists Pakistan among ‘Top 20 Improvers in Doing Business 2020’

The World Bank has listed Pakistan in the list of 'Top-20 improvers in Doing Business 2020'. "Pakistan has emerged among top 20 reformers...

IMF concerned over ‘political instability’ in Pakistan

ISLAMABAD: Although the International Monetary Fund (IMF) mission, during its recently-concluded visit to Pakistan, had officially lauded the government for making "progress in...

FBR cuts first-quarter revenue target by Rs41bn

The Federal Board of Revenue (FBR) has realigned its quarterly revenue collection targets with the benchmarks set by the International Monetary Fund...

ADB projects Pakistan’s GDP growth at 2.8pc, inflation at 12pc for FY20

ISLAMABAD: Signalling that Pakistan's economy is showing signs of recovery owing to the government's fiscal consolidation and austerity measures, the Asia Development Bank...

The extraordinary rise and spectacular crash of Hascol Petroleum

The 12 months ending June 2019 have wreaked havoc to a company that has been the bright star of the Pakistani energy...

IMF mission concludes visit; notes progress in key areas

Fund projects Pakistan's growth at 2.4pc for FY20; inflation to decline in the coming months Pakistan warned of domestic and int’l...

Pakistan gives green light to five LNG terminal plans

ISLAMABAD: Pakistan has given the go-ahead to five consortiums, including Exxon Mobil, Royal Dutch Shell and Mitsubishi, to progress with their liquefied natural...

Current account deficit contracts 55pc in two months

The current account deficit (CAD) has contracted by a massive 55 per cent in the first two months of the current fiscal...

SBP committed to ‘home-grown’ economic reforms, IMF told

'Volatility and uncertainty in the exchange market has subsided and the confidence is slowly improving' 'Inflationary pressures are expected to recede...

ExxonMobil, Pakistan’s UGDC ink LNG import deal

ISLAMABAD: ExxonMobil, the world's largest oil and gas company, has inked a deal with Universal Gas Distribution Company Pvt Ltd (UGDC) wherein...

IMF satisfied with Pakistan’s three-month performance

ISLAMABAD: The International Monetary Fund's (IMF) Middle East and Central Asia Director Jihad Azour has expressed satisfaction over the three-month performance of...

Pakistan to export cigarettes worth $50m for the first time

ISLAMABAD: Although Pakistan has been exporting tobacco and tobacco products to various countries, now for the first time, the country is going...

POL prices may surge by up to Rs8 from Oct 1

The prices of petroleum products in Pakistan are likely to go up by up to Rs12 in the next two months owing...

Interest rate remains unchanged at 13.25pc

Taking a pause from a series of hikes, the State Bank of Pakistan's on Monday left its main policy rate unchanged at...

PM tells economic team to come up with out-of-the-box solutions

ISLAMABAD: Prime Minister Imran Khan has asked his economic team to come up with some unconventional and out-of-the-box solutions for economic uplift and...