KP finance minister Taimur Jhagra throws spanner into IMF talks
KARACHI: The finance minister of Khyber Pukhtunwa province has withdrawn his commitment to run a provincial surplus this fiscal year, thereby potentially...
IMF to release tranche on Monday following board meeting: Miftah
ISLAMABAD: Minister for Finance and Revenue Miftah Ismail on Friday said that the International Monetary Fund (IMF) will release a loan tranche...
MoIP directed to take action against automotive manufacturersÂ
LAHORE: The National Assembly Standing Committee on Industries and Production on Thursday directed the Ministry of Industry and Production (MoIP) to take...
Saudi Arabia to invest $1bn in Pakistan
ISLAMABAD: Following the Qatari leadership's announcement to invest $3 billion in Pakistan, Saudi Arabia has also assured the Pakistani leadership of an...
Public-owned Qatari companies to run Islamabad, Karachi airports
ISLAMABAD: State Minister for Finance Aisha Ghaus Pasha on Thursday announced that public-owned companies of Qatar plan will run Islamabad and Karachi...
Qatar Investment Authority aims to invest $3bn in Pakistan
DOHA: The Qatar Investment Authority (QIA) plans to invest $3 billion in Pakistan, Qatar’s Emiri Diwan said on Wednesday, lending support to...
PM seeks Qatari investment in energy, aviation sectors
ISLAMABAD: Prime Minister Shehbaz Sharif has invited Qatar to invest in Pakistan's energy and aviation sectors during a meeting with the Qatar...
KE customers likely to get temporary relief before massive tariff hike
ISLAMABAD: The Karachi Electric (KE) has asked the National Electric Power Regulatory Authority (NEPRA) to approve relief worth Rs6.2 billion to its...
No tax relief without NA approval under IMF conditions
ISLAMABAD: The International Monetary Fund (IMF) has made it compulsory for Pakistan to get the National Assembly's (NA) approval before launching any...
Pakistan to receive $2bn in bilateral support from Qatar
Pakistan will receive $2 billion from Qatar in bilateral support to help ease the country’s financial crunch and the consequent risk of...
Monetary tightening takes pause as policy rate kept at 15pc
KARACHI: The State Bank of Pakistan (SBP) on Monday maintained the status quo by keeping the interest rate on hold at 15%.
According...
Power price likely to go up by Rs4.69 per unit
ISLAMABAD: The price of electricity is likely to go up once again as the Central Power Purchasing Agency (CPPA) has filed an...
Why did KIA Motors not reduce their prices?Â
LAHORE: KIA Motors has chosen to opt out of the downward price revisions that have been introduced by other automotive companies.Â
In this...
Dr Nadeem Javed appointed as chief economist
ISLAMABAD: The federal government on Friday appointed Dr Nadeem Javed as the country's chief economist whereas sources claim that the notification regarding...
Pakistan launches national priority sectors export strategy
ISLAMABAD: The Ministry of Commerce and the Trade Development Authority of Pakistan (TDAP)Â on Friday unveiled the National Priority Sectors Export Strategy...