Economy
IMF rejects all six demands from Pakistan
*ISLAMABAD – Pakistan and the International Monetary Fund (IMF) haveagreed to the bailout package, rejecting six demands of Pakistan.* The...
EconomyPakistan
Biggest Challenge: A 37 billion economic bomb for PTI government
ISLAMABAD – Senate that Pakistan is due to pay $37 billion for servicingforeign loans in the next five years. “Out...
Economy
Rs 750 billion Taxes on cards by PTI government
ISLAMABAD – Federal government is reportedly mulling over withdrawing taxexemptions amounting to Rs750 bln. Under the potential agreement with International...
Economy
Pakistan’s foreign debt hits highest level of history
*ISLAMABAD: Pakistan’s foreign debt has reached to 88.199 billion USdollars, the Senate was informed on Thursday.* Federal Ministry of Finance...
EconomyPakistan
Overseas Pakistanis Remittances fetch 2 billion extra, top 10 remitting countries to Pakistan
ISLAMABAD: Overseas Pakistanis remitted US $17,875.23 million in first 10months (July to April) of FY19, showing a growth of 8.45...
EconomyPakistan
Chinese investors to make big investment in Pakistan energy sector
*KARACHI: A group of Chinese investors announced on Thursday to put theircapital in Pakistan’s energy sector.* According to details, Power...
Economy
IMF imposes strict conditions upon Pakistan for bailout package
*ISLAMABAD – International Monetary Fund has imposed strict conditions uponPakistan.* *The government has agreed to increase gas and electricity prices...
EconomyPakistan
Pakistan remittances, exports to hit unprecedented 47 billion in FY 2018-19
ISLAMABAD – The Senate was informed on Thursday that remittances this yearwill increase to 22 billion dollars breaking the stagnant...
Economy
PTI government launched 36 public welfare projects in 9 month
*ISLAMABAD: Prime Minister Imran Khan on Thursday said the PakistanTehreek-i-Insaf-led federal government launched as many as 36 publicwelfare projects within...
Economy
Karachi Circular Railways project gets a good news
ISLAMABAD – The Supreme Court ordered the authorities concerned torestore the Karachi Circular Railway within a month. During the hearing...