PM inaugurates FBR’s track & trace system for sugar sector
ISLAMABAD: Prime Minister Imran Khan on Tuesday unveiled the Federal Board of Revenue's (FBR) Track & Trace System for the sugar sector.
Addressing...
Second Pak-Africa trade moot begins at Lagos
The second Pakistan-Africa Trade Development Conference (PATDC) begun at Lagos on Tuesday to cater for the Western part of Africa.
The conference is...
Govt to hike petroleum levy, electricity tariff to meet IMF’s demands
ISLAMABAD: The federal government has hinted at raising the petroleum levy (PL) by Rs4 per litre every month as well as increasing...
Power consumers likely to face colossal hike in electricity tariff
ISLAMABAD: Already burdened masses may face a hike of Rs4.75 per unit in the electricity tariff on account of fuel charges adjustment...
Pakistan, IMF reach staff-level agreement for revival of stalled programme
The International Monetary Fund (IMF) and Pakistan reached a staff-level agreement on policies and reforms needed to complete the sixth review under...
Petrol pump owners announce countrywide strike on Nov 25
All Pakistan Petrol Pump Dealers Association (APPDA) on Sunday called for a countrywide strike on November 25 over the government’s reluctance on...
IMF damaging Pakistan’s economy by asking for more taxes, American economist says
ISLAMABAD: Renowned American economist Dr Arthur B. Laffer has claimed that international lending agencies, like the International Monetary Fund (IMF) and World...
SBP hikes interest rate to 8.75pc
The State Bank of Pakistan (SBP) on Friday decided to raise its policy rate by 150 basis points (bps) to 8.75 per...
WB says Pakistan’s remittances grew by 26pc in 2021
ISLAMABAD: Compared to the overall growth of 8 per cent in remittances of South Asia, remittances of Pakistan grew by 26pc during...
CNG sector, CPPs likely to face gas shortage during peak winter
ISLAMABAD: The Compressed Natural Gas (CNG) as well as captive power plants (CPPs) may face a shortage of gas in the near...
Germany, UK to provide over €200m in climate change assistance to Pakistan
ISLAMABAD: The United Kingdom (UK) and Germany will provide £50 million and €150 million, respectively, in climate change assistance to Pakistan under multiple...
China overtakes US to become richest nation in the world: report
China has seen vast economic growth over the past couple of decades, propelling the world's latgest nation to become the wealthiest country...
SBP ordinance bill amended by parliament
ISLAMABAD: The joint session of parliament on Wednesday approved an amendment to the State Bank of Pakistan (SBP) Banking Services Corporation Ordinance...
Rupee surge against US dollar continues
The rupee on Wednesday continued its rise against the US dollar for the third straight session on the back of a slowdown...
Pakistan’s exports increase by 25.2pc in 4MFY22
ISLAMABAD: Exports from the country witnessed an increase of 25.2 per cent during the first four months of the current fiscal year...