Govt rejects IMF request seeking details about CPEC
In a meeting on Friday with the Ministry of Finance officials, the US embassy officials raised the issue of transparency in CPEC deals
Rupee downslide restarts, plummets to two-month lows of Rs126 against dollar
The local currency has remained below Rs126 since the end of July when it appreciated against the greenback on news of Pakistan Tehreek-e-Insaf (PTI) winning the general elections
Govt may seek IMF’s help, hints Asad Umar
‘Pakistan could face difficulties if oil prices in global markets do not stabilise’
Furnace oil-based power generation to be phased out over coming few years: Nepra
The power sector regulator opposed any move to reduce power tariff for end-consumers, cautioning any such move being contemplated by the government could impact upcoming power projects
Pakistan has no choice but to seek IMF funding: UNCTAD
The report said a widening of the external debt position which had touched $92 billion or 31 percent of GDP had raised worries about its sustainability
Saudi fund to provide $16mn in grants for infrastructure, health, education
ISLAMABAD: The Saudi Fund for Development (SFD) will provide $16 million in grants to Pakistan in infrastructure, health and education sectors.
Officials informed that...
Pakistan, Russia sign $10bn energy deal
ISLAMABAD: Pakistan and Russia have formally signed a Memorandum of Understanding (MoU) on Thursday in Moscow for the construction of an offshore gas...
Rs1.16 increase in electricity prices approved
CPPA had initially requested a Rs1.50 increase in electricity prices
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Wednesday approved an increase...
China says plots to disrupt ties with Pakistan will fail
China has pledged $57 billion to build power stations, major highways, new railways and high capacity ports along the China-Pakistan Economic Corridor
Pakistan, Russia set to sign $10bn gas pipeline deal
The pipeline will be completed in three to four years
In a major breakthrough, Pakistan and Russia will sign a $10 billion offshore...
What is the PTI’s energy game plan?
How having a former hydrocarbon company CEO as finance minister will shape the government’s approach to Pakistan’s biggest economic challenge
On the budget, Asad Umar capitulates to the Q-Block babus
Asad Umar's lack of preparation on matters of taxation and finance have allowed the civil service to push for a rollback of necessary reforms
Govt’s tax collection can go through the roof
From an academic to leading Punjab’s digital revolution, PITB Chairman Umar Saif has overseen the largest land record digitisation in Pakistan in an effort to not just end corruption and land grabbing but in a bid to promote land as a liquid asset
Al-Futtaim Group to invest $230m in Pakistan’s automobile sector
-- Technology-oriented cars of Al Futtaim-Renault are expected to hit the roads in 2020
ISLAMABAD: Al-Futtaim Group, a large conglomerate operating in the United Arab...
Govt’s housing dream to cost Rs2tr yearly
-- Cost can further jump if prices of land and other services are included
ISLAMABAD: As the Pakistan Tehreek-e-Insaf (PTI) government plans to launch...