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Pakistan trade balance with China registers positive growth

News Desk
2019-05-12

ISLAMABAD – Pakistan’s exports of goods and services to China grew by 3.93percent during the first eight months of the...

Pakistan Railways to resume several train routes across Punjab

News Desk
2019-05-12

ISLAMABAD: Pakistan Railways (PR) will resume Bahawalnagar, Fort Abbas,Haroon Abad and Samma Satta Railway section. This was agreed during a...

Rs 12 billion subsidy on Metro Buses, PM Khan takes key decision

News Desk
2019-05-12

*LAHORE – Rs 12 billion subsidy on Metro Buses has forced PM Imran Khan totake key decision. * *Prime Minister...

Pakistan IMF finally strike 6 billion bailout package

News Desk
2019-05-12

ISLAMABAD – The government has struck a deal with the InternationalMonetary Fund (IMF) on financial packages for about $6 billion,...

Pakistan offshore reserves are so large that country will no longer need to import oil

News Desk
2019-05-11

ISLAMABAD – Minister for Petroleum Omar Ayub Khan and Special Assistant tothe Prime Minister on Petroleum Nadeem Babar visited the...

FBR takes vigorous actions against money laundering

News Desk
2019-05-11

ISLAMABAD – Federal Board of Revenue is taking vigorous actions to counterillicit movement of currency, which is the primary tool...

Finance Ministry responds over talks with IMF

News Desk
2019-05-11

ISLAMABAD – Pakistan and the visiting International Monetary Fund (IMF)Mission have made good progress in their discussions, Finance Ministry saidFriday....

8 billion bailout package: IMF rejects Pakistan draft agreement of loan program

News Desk
2019-05-11

ISLAMABAD – International Monetary Fund (IMF) on Friday has expressedreservation over the draft agreement of loan program with Pakistan. According...

US dollar takes a jump against Pakistani Rupee in open market

News Desk
2019-05-11

ISLAMABAD – The Pakistani currency suddenly weakened over one-rupee toRs142.7 to the US dollar in the open market on Friday...

Pakistan Stock Exchange feels the heat of strong IMF conditions

News Desk
2019-05-11

KARACHI – The KSE-100 index extended its losses on Friday and shed 171points as investors were wary of the conditions...