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US dollar rises sharply against Pakistani Rupee in open market

News Desk
2019-02-11

ISLAMBAD – US dollar was up by 90 paisa in the open market on Monday,rising sharply over the last two...

Pakistan – IMF close to signing economic assistance package

News Desk
2019-02-11

ISLAMABAD – Finance Minister Asad Umar says Pakistan is close to signing anagreement with economic assistance package with the International...

Pakistan Banking Sector gets a blow from Moody’s

News Desk
2019-02-11

LAHORE: Moody’s investors’ service on Monday changed its outlook forPakistan’s banking system down (B3 negative) to negative from stable. According...

PayPal likely to make entry into Pakistan

News Desk
2019-02-11

ISLAMABAD – Finance Minister Asad Umar on Monday revealed the PayPal’sentry into the Pakistani market. He claimed that Federal government...

Federal government likely to approve support package for PIA

News Desk
2019-02-11

ISLAMABAD – A meeting of the Economic Coordination Committee (ECC) has beencalled tomorrow (Tuesday) to discuss a six-point agenda, including...

Federal government steps have started to yield positive results for Pakistan economy

News Desk
2019-02-11

*KARACHI: Prime Minister’sAdviser for Trade Abdul Razak Dawood has saidthat the government’s decis**ions have positive impact on the economy.* The...

Overseas Pakistani remittances register significant growth under PTI government, top 10 sending countries

News Desk
2019-02-11

ISLAMABAD: Overseas Pakistani workers’ remittances increased by 12.22percent during first seven months of fiscal year 2018-19 as compared tosame period...

Federal government decides to complete Mohammand Dam ahead of schedule with use of latest technology

News Desk
2019-02-11

ISLAMABAD – Chairman Water and Power Development Authority (WAPDA), Lt Gen(retd) Muzammil Hussain has stated that the Mohmand Dam would...

Yet another 1 billion investment coming to Pakistan from multinational company

News Desk
2019-02-11

ISLAMABAD – Federal Minister of Information Chaudhry Fawad Hussain Mondaywelcomed the decision of PepsiCo International to invest $1 billion inPakistan....

Pakistan trade deficit reduced by 1.1 billion in FY 2019

News Desk
2019-02-11

ISLAMABAD – Finance Minister Asad Umar says economy visibly responding tothe stabilization after measures taken by the PTI Government, which...