IMF wants further discussion on industrial promotion package
The International Monetary Fund (IMF) has indicated to the Pakistani economic team the need for some further discussions on the industrial promotion...
Afghan, Gwadar chambers explore “Gwadar trade activities”
In order to boost up commercial and business activities in Gwadar, Gwadar Chamber of Commerce and Industry (GCCI) explored Gwadar trade activities...
ADB approves $300mn loan to develop Pakistan’s capital markets
The Asian Development Bank (ADB) Tuesday approved a $300 million loan to further develop Pakistan’s capital markets, promote private investment in the...
US court rejects Pakistan’s request for stay in Reko Diq case
The United States district court of Columbia has dismissed Pakistan’s motion for a stay regarding the enforcement of the $6 billion fine...
Rupee crosses 180-mark against US dollar
The downtrend in the local currency persisted on Thursday and the rupee fell to a fresh all-time low at Rs180.07 against the...
What’s ahead for Pakistan’s startups?
It’s been a little over three months since the year 2022 started and Pakistan’s startups have announced raising investments worth $130 million....
PTCL requests NEPRA for revision in power tariff
Pakistan Telecommunication Company Limited (PTCL) filed a petition with National Electric Power Regulatory Authority (NEPRA) on Friday, for the revision of its...
IMF asks govt to provide clarification on industrial package
The International Monetary Fund (IMF) has sought clarification from Pakistan on the announced industrial package.
Finance Secretary Hamid Yaqoob on a query informed...
Pakistan’s economy moving in the right direction, says Tarin
Finance Minister Shaukat Tarin in a press conference held at the Press Information Department (PID) on Wednesday, discussed the current economic situation...
SBP keeps policy rate unchanged at 9.75pc
The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to maintain the policy rate at 9.75 per...
Pakistan will exit FATF grey list this year: Tarin
Finance Minister also casts doubts on independence of FATF
Chief Secretary Punjab orders deflation
Transportation fares and prices of essential food items to be reduced in line with reduction in petrol prices, smuggling of wheat and fertiliser to be curbed.
Are we heading towards another petrol crisis?
Another fuel crisis might be on the cards in the wake of the Hascol scam case, as the State Bank of Pakistan...
Blowout on Pakistani bonds
Turmoil in the foreign capital markets hit Pakistan’s bonds all last week with sharp sell offs coming on Friday. Bid yields on...
Was IMF approval taken before launching the massive subsidy plan?
Conversations with members of the Prime Minister’s Economic Advisory Council (EAC) suggest the IMF may not have been consulted before the Rs250...