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Pakistani Rupee to hit Rs 150 mark against US dollar: International Report

News Desk
2018-12-13

LAHORE – Pakistani Rupee is likely to hit Rs 150 mark against US dollar bythe end of FY 2018-19, it...

Rise of Islamic banking in Pakistan is stunning

News Desk
2018-12-13

ISLAMABAD – Islamic finance globally is worth USD 2 trillion. The firstIslamic Bank in Pakistan was launched in 2002 and...

Pakistan inks loan agreement with ADB for power transmission lines

News Desk
2018-12-13

ISLAMABAD – Pakistan has inked a new loan with the Asian Development Bankfor the power transmission lines. Asian Development Bank...

20 increase in the pensions of the retired employees sought

News Desk
2018-12-13

ISLAMABAD – A 20% increase in the pensions of the retired pensioners hasbeen sought. Employees Old-Age Benefits Institution (EOBI) has...

Pakistan Railways set target of Rs 11 billion revenue

News Desk
2018-12-13

ISLAMABAD – Pakistan Railways has accumulated around Rs 905 million revenuefrom the leased land for 33 years from 2003-2018 to...

Chinese loans account for only 10 of Pakistan total foreign Debt

News Desk
2018-12-13

ISLAMABAD – Pakistan Finance minister, Asad Umar has revealed that Chineseloans account for 10% of Pakistan total foreign loans. Umer...

US dollar rises against Pakistani Rupee in open market, hits historic milestone

News Desk
2018-12-13

KARACHI – The US Dollar on Thursday had registered an increase againstPakistani Rupee in the open market. US dollar gained...

Pakistan power sector inefficiencies costed economy loss of 17 billion: World Bank Report

News Desk
2018-12-13

ISLAMABAD – A new World Bank report has revealed stunning information overlosses to Pakistan economy due to power sector inefficiencies....

Moody s unveil future economic report on Pakistan

News Desk
2018-12-13

ISLAMABAD – International credit rating agency Moody’s has appreciated therobust longer-term economic prospects of Pakistan. In its annual credit analysis...

Pakistan will take IMF money and not dictation: Finance Minister

News Desk
2018-12-13

ISLAMABAD – Finance Minister Asad Umar on Wednesday has said that we willtake IMF money but not the IMF dictation....