ISLAMABAD: In an unprecedented economic decision, PTI government launches largest ever financial instrument listing in PSX. Pakistan Energy Sukuk-I (PES-I) issue of Rs200 billion got listed at the Pakistan Stock Exchange (PSX) on Thursday. PES-I is the largest Shariah-compliant financial ...

ISLAMABAD: PTI government mulls taking unprecedented economic decision, media report has revealed. Federal government is mulling to reduce sales tax from 17pc to 12pc. The tax department would soon issue a notification pertaining to reduction of sales tax on yarn from 10 to 5pc. Federal Board ...

ISLAMABAD - Federal Minister for Economic Affairs Hammad Azhar says economy has achieved stabilization and now it will move to the phase of growth. Addressing a news conference in Lahore on Sunday, he said when the PTI government came into power it inherited a massive debt and had to ...

ISLAMABAD: Pakistan will have to undertake key reforms on internal and external fronts of the economy in order to bring a paradigm shift in economic policy making, IMF’s Resident Representative in Pakistan Teresa Daban Sanchez said on Friday. While speaking at a seminar titled ‘Pakistan ...

ISLAMABAD - Fitch Solutions, a US-based global research house predicts stability in Pakistan economy following tough economic decisions. Fitch solutions expects stability to return in Pakistan’s economy after the government made two tough decisions in the past week. The research arm of Fitch ...

KARACHI: Federal government in a big economic decision may relocate government deposits worth Rs 1.9 trillion to a single treasury account. The Pakistan Tehreek-e-Insaf government, in consultation with the State Bank of Pakistan (SBP), is considering relocating the governments’ deposits worth ...

ISLAMABAD - In a major economic decision, Pakistan has raised the key interest rates to harness the economic woes. State Bank of Pakistan increased its main interest rate by 100 basis points to 8.5 percent on Saturday, citing rising inflation and economic worries over the large fiscal and current ...

The Economic Coordination Committee (ECC) of the Cabinet has directed the relevant ministries to ensure price stability especially during the holy month of Ramazan.The committee, which met in Islamabad on Wednesday with Finance Minister Ishaq Dar in the chair, also approved 864 million rupees for ...