CDWP clears four projects worth Rs136.74bn
The Central Development Working Party (CDWP) Wednesday cleared four development projects worth Rs136.74 billion during its meeting held here under the chairmanship...
ICCI seeks urgent steps to fix economy
Islamabad Chamber of Commerce and Industry (ICCI) has called upon the government to take urgent measures to fix the economy as the...
Rupee hits record low of 188.66 vs dollar in inter-bank market
Pakistani rupee maintained its fast losing streak against the US dollar on Tuesday and depreciated to 188.66, an all-time low in the...
PSX loses 1,447 points to close at 43,393 points
The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Monday, losing 1,447.67 points, with a negative change of...
Pakistan’s export to China up nearly 17pc in first quarter
Pakistan’s export to China crossed $1.039 billion in the first quarter of 2022, recording nearly 17 per cent increase from January to...
FBR needs Rs1,321bn in two months to achieve revenue target
The Federal Board of Revenue (FBR) needs Rs1,321 billion in two months of the current fiscal year to meet the revised annual...
Int’l developments, inflation impacting economic activities: Outlook
Although the economic recovery is underway, the international developments and persistent high domestic inflation might impact domestic economic activities, says Monthly Economic...
Federal govt constitutes 21 member EAC
The Federal government has constituted a high powered 21 member Economic Advisory Council (EAC).
The EAC shall be chaired by the Prime Minister,...
Asim Ahmad appointed as new FBR Chairman
The federal government on Wednesday appointed Muhammad Asim Ahmad as Chairman Federal Board of Revenue (FBR), as per media report.
He has replaced...
Govt asks for program extension, Fund asks to roll back fuel subsidies
The government has asked the International Monetary Fund for a one year extension of the ongoing program, as well as an enhancement...
Govt aims to bring about economic, fiscal stability: Miftah
Federal Minister for Finance and Revenue, Miftah Ismail said Saturday that the government was aiming to bring about economic and fiscal stability...
Banks’ deposits rise 2.9pc MoM to Rs20.5tr in March
The total deposits held by banks have shown a growth of 2.9 percent on a month-on-month (MoM) basis to reach Rs20.47 trillion...
IMF asks Pakistan to end fuel subsidy, exemptions to revive loan program
As the multiparty coalition government is going to approach the International Monetary Fund (IMF) for revival of the derailed loan program, the...
Pakistani banks may feel heat of Sri Lanka’s default
Pakistan’s banks operating in Sri Lanka are in hot waters as their exposures of around Rs26.78 billion are at stake due to...
POL import bill surge 96pc to $14.812bn in 9 months
The imports of overall petroleum group witnessed an increase of 96.09 percent during the first nine months of the current fiscal year...