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Pakistan government borrowing touched historic high of Rs 1.439 trillion in FY 2018

News Desk
2018-07-07

KARACHI: The government borrowing to finance its budgetary deficit vaulted58.48 percent during the last fiscal year as the gap between...

State Bank of Pakistan tightens currency movement within country

News Desk
2018-07-07

ISLAMABAD – The State Bank of Pakistan has tightened currency movement offoreign currency and rupee within the country after grey...

In a surprise, federal government reduces petroleum prices significantly

News Desk
2018-07-07

ISLAMABAD – Federal government on Saturday night cut the prices ofpetroleum products by Rs6.37 per litre following the orders of...

Pakistanis hold 150 billions worth of foreign assets: Report

News Desk
2018-07-06

*ISLAMABAD: *An April 5, 2017 assessment of the chartered accountancy firm,A F Ferguson, showed that Pakistanis hold about $150 billion...

Pakistan Stock Exchange under severe pressure

News Desk
2018-07-06

ISLAMABAD – The Pakistan Stock Exchange remain under pressure for thewhole week and also during the last session before the...

Punjab government employees salaries in danger due financial crunch

News Desk
2018-07-06

LAHORE: Caretaker Finance Minister of Punjab Zia Haider Rizvi has said theinterim government has inherited outstanding payments of Rs71 billion...

Pakistan seeks more loans from China

News Desk
2018-07-06

LAHORE: As foreign exchange reserves squeeze, Pakistan has reached out toChina asking for more loans to avoid a foreign currency...

Pakistan demands 2 billion outstanding money from US

News Desk
2018-07-06

ISLAMABAD: Pakistan has asked the United States (US) to provide USD 2billion committed money under the Kerry-Lugar Bill (KLB) aid...

Sinkhole on Mall Road near Orange Line Route: Startling facts appear

News Desk
2018-07-04

LAHORE – A huge sinkhole that emerged after heavy rainfall near GeneralPost Office (GPO) on Mall Road exposed the tall...

Pakistan extends CPEC facility to yet another state

News Desk
2018-07-04

ISLAMABAD: The China–Pakistan Economic Corridor (CPEC) is significant forAzerbaijan, due to the fact this project would allow Azerbaijan to exportgoods...