FBR to brief PM on upcoming mini budget today

ISLAMABAD: The Federal Board of Revenue (FBR) will brief Prime Minister Shehbaz Sharif on the upcoming mini budget on Tuesday. In this regard,...

Central govt debt witnesses biggest monthly hike of PKR3,145bn

KARACHI: Central government debt increased to PKR47.8trn after increasing 7% in a month during June 2022 making the PKR 3,145 bn jump...

2,000 containers of unbanned items remain stuck at ports

ISLAMABAD: Around 2,000 containers of non-banned items have been stuck at ports for the past over two months even as the incumbent...

SBP allows exchange firms to export forex other than US dollar

The State Bank of Pakistan (SBP) Monday allowed all exchange companies to export foreign currencies other than the US dollar and bring...

PSX hits two-month high with KSE-100 index over 43,000-mark

ISLAMABAD: The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish  trend on Monday, gaining 764.25 points, hit a two-month high...

NEPRA notifies Rs9.90 per unit hike in power tariff

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has approved and notified a massive Rs9.90 per unit increase in the power price...

Pakistan inches closer to receive $1.17bn from IMF

ISLAMABAD: In a major development for the release of $1.17 billion tranche, the International Monetary Fund (IMF) has agreed to the letter...

Pakistan, Turkiye sign PTA

ISLAMABAD: Pakistan and Turkey on Friday signed the Preferential Trade Agreement (PTA) aimed at boosting trade in goods between the two countries. In...

PM seeks early report on suspended power projects

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday asked the inquiry commission for an early submission of the report on the suspension of...

Govt raises Rs466.56bn, cut off yields remain mostly unchanged

KARACHI: The government lifted Rs466.56bn in debt, primarily focused in 3 month T-bills through an auction conducted by the State Bank of...

Fertilizer industry offers support to govt for implementing subsidy scheme for farmers

The Fertilizer Manufacturers of Pakistan advisory council, in a letter to Finance Minister Miftah Ismail on Wednesday, has offered the federal government...

Finance ministry handpicks candidates for NBP president post 

ISLAMABAD: The Ministry of Finance has reportedly shortlisted 10 candidates for the post of president/CEO of the National Bank of Pakistan (NBP). Sources...

Bangladesh announces fuel price jumps by 50pc, stokes inflation fears

DHAKA: Bangladesh raised fuel prices by around 50% on Saturday, a move that will trim the country's subsidy burden but put more...

Saved country from going default, says Miftah

Karachi: Federal Minister for Finance and Revenue Miftah Ismail said that the federal government had made tough decisions and saved the country...

Imports will be controlled for next three months: Miftah

ISLAMABAD: Finance Minister Miftah Ismail on Friday said that the government will be controlling imports for the next three months even if...