EconomyPakistan
New development reported on crucial talks between Pakistan and IMF
ISLAMABAD – Recently appointed Prime Minister’s aide on Finance and RevenueShaukat Tarin has returned to US capital to join ongoing...
EconomyPakistan
Pakistan faces a huge current account deficit in first quarter of FY 2021 – 22
Pakistan’s current account recorded a massive deficit of $3.4 billion inthe first quarter of FY2021-2022 owing to the increasing trade...
EconomyPakistan
Big rise in foreign investment in Pakistan during first quarter of FY 2021 – 22
The foreign investment inflows surged to over $1 billion during the firstquarter of the financial year 2021-22 mainly due to...
EconomyPakistan
Pakistani Rupee hit a new ever low against US dollar
KARACHI: The free-fall in the rupee continued on Wednesday, as the localunit depreciated to the new all-time low of Rs173.47...
EconomyPakistan
Six new projects being launched in petroleum division to achieve energy self sufficiency
ISLAMABAD: The Petroleum Division would carry out six new projects worthRs1.775 billion during the current fiscal year 2021/22 to achieveself-sufficiency...
EconomyPakistan
CPEC: New developments reported over digital infrastructure and IT field
BEIJING: The cooperation in digital infrastructure and IT under theChina-Pakistan Economic Corridor (CPEC) will soon make some significantprogress under the...
EconomyPakistan
Pakistan and IMF failed to strike deal over 6 billion package
ISLAMABAD – Pakistan and the International Monetary Fund (IMF) have failedto strike a staff-level agreement in wake of differences over...
EconomyPakistan
Federal Government further increased power tariff
ISLAMABAD – The PTI-led federal government on Friday approved an increasein the electricity tariff by Rs1.68 per unit. According to...
EconomyPakistan
IMF makes new projections over Pakistan GDP growth
KARACHI – The International Monetary Fund (IMF) Tuesday projected realGross Domestic Product (GDP) to grow by 4.0 percent in the...
EconomyPakistan
63 million smuggled from Pakistan to Afghanistan: Report
The Federal Investigation Agency is investigating 100 people suspected tobe involved in hoarding or smuggling over $63 million to Afghanistan...