Govt lets rupee down!
Dollar touches all-time high at Rs146 before bouncing back to Rs144 later in day
Further devaluation on the cards after open...
ECC allows 150MW additional power supply to Karachi
Committee approves Rs1.8bn power subsidy for tribal districts
ISLAMABAD:Â The Economic Coordination Committee (ECC) on Wednesday allowed an additional supply of 150MW power...
Govt approves amnesty scheme
Hafeez Shaikh says 'basic purpose' of scheme is to document economy, make dead assets functional
4pc will be charged for whitened...
Offshore drilling near Karachi coast completed
ISLAMABAD:Â Offshore drilling near Karachi coast on Indus G-Block (Kekra-1) has finally been completed after four months of hard work. The drilling was...
Asad Umar wants IMF accord discussed in parliament
Former finance minister vows to inform the public about discussions he had with IMF before his ouster
Following his appointment as chairman...
IMF agrees to lend $6bn to Pakistan over three years
---IMF official says programme to support country's growth by reducing imbalances, improving business environment
ISLAMABAD:Â The Pakistani authorities and the International Monetary Fund (IMF)...
‘Impossible’ to work on gas pipeline under US sanctions, Pakistan tells Iran
Pakistan has informed Iran in writing that it cannot execute the Iran-Pakistan gas pipeline project as long as Tehran is under the...
FBR chief refrains officials from freezing bank accounts without prior notice
'My aim is to document the undocumented economy, as doing that will automatically increase the tax base'
Federal Board of Revenue (FBR)...
Pakistan growth to hit eight-year low as IMF bailout looms
National Accounts Committee has forecast a mere 3.3pc growth in the current fiscal year against a projected target of 6.2pc
KARACHI:Â Pakistan's growth...
Pakistan, IMF close to sealing $7-8bn loan agreement
ISLAMABAD:Â The Pakistan Tehreek-e-Insaf (PTI) government and the International Monetary Fund (IMF) are likely to announce a staff-level agreement today (Friday), as the...
Electricity, gas prices to be increased as govt accepts IMF demands
'The govt has also agreed to make NEPRA and OGRA autonomous bodies'
The federal government has accepted the International Monetary Fund's demand...
Asad Umar to head NA’s finance committee
PM Imran Khan and FM Shah Mahmood Qureshi held separate meetings with Umar to convince him to rejoin the cabinet
The...
PSX chief fails to justify his involvement in foreign wealth company
Richard Morin was issued a show-cause notice for breaching the employment contract by simultaneously operating his own wealth management company
Pakistan Stock...
Budget likely to be postponed till mid-June
'Finance ministry needs more time to finalise the budget papers in light of the expected IMF programme'
ISLAMABAD:Â Amidst prolonged negotiations with the...
Shabbar Zaidi appointed as FBR chairman
Prime Minister Imran Khan on Monday announced that the government has appointed renowned economist and tax affairs expert Syed Shabbar Zaidi as...