EconomyPakistan
Big development for automobile manufacturing sector in Pakistan
BEIJING: Pakistan plans to enhance its annual automobile production fromthe existing 250,000 units to around six to eight million units...
EconomyPakistan
Positive development for Pakistan on the GSP plus status from EU
LAHORE – The highly productive and fruitful visit of Punjab Governor ChMohammad Sarwar to the European countries in connection with...
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...