EconomyPakistan
Pakistan is left with no option other than IMF loan again: Analysts
ISLAMABAD – Pakistan is left with no option but to approach InternationalMonitory Fund (IMF) yet again for another loan programme...
Economy
China to construct desalination plant, coal power plant in Gwadar and give free electricity to locals
QUETTA: China Power Company head Sho has said that his firm will set up a300 megawatts coal-based power plant at...
EconomyPakistan
Turkey to help Pakistan in PIA uplift
ISLAMABAD: Pakistan and Turkey mutually agreed to extend bilateralrelations and to work collectively in the field of aviation particularlyfor the...
Economy
Pakistan to import LNG from Central Asian Republic
ISLAMABAD: Pakistan LNG Limited (PLL) is negotiating supply of LiquefiedNatural Gas from State Oil Company of Republic of Azerbaijan (SOCAR)...
Economy
State Bank of Pakistan raises interest Rate
KARACHI – The State Bank of Pakistan (SBP) raised its main policy interestrate by 25 basis points to 6 percent...
Economy
How much annual revenue CPEC will generate for Pakistan: Report
ISLAMABAD: Pakistan’s debt and other repayments on China’s “Belt and Road”initiative will peak at around $5 billion in 2022, but...
EconomyPakistan
World Bank, IFC expresses interest in renewable energy investment in Pakistan
ISLAMABAD – Minister for Power Division Sardar Awais Ahmed Khan Legharisays renewable energy institute will be established to conduct research...
EconomyPakistan
PIA to increase new routes, enhance flights to two main countries
LAHORE – The Pakistan International Airlines (PIA) is planning tointroduce new destinations and increase its flights to Saudi Arabia andChina....
EconomyPakistan
PIA flights to Europe may be banned: Report
Lahore – Pakistan International Airlines is yet to face another setback asreports have surfaced that PIA flights to Europe and...
EconomyPakistan
Pakistan s economic outlook downgraded by international Agency
*LAHORE:* Fitch on Thursday downgraded Pakistan’s outlook from stable tonegative and reaffirmed the ‘B’ credit rating, citing political uncertaintyand upcoming...