ISLAMABAD – The cash-strapped country sought Washington's support in reviving the crucial International Monetary Fund programme. Deputy Assistant Secretary of the US Department of the Treasury for Asia Robert Kaproth called on Federal Minister for Finance Ishaq Dar on Wednesday and Pakistan’s ...

KARACHI – US envoy to Pakistan Donald Blome reiterated boosting bilateral commerce and investment between Islamabad and Washington under US-Pakistan Green Alliance. In a statement, the US embassy said the diplomat visited the country’s financial capital Karachi on November 17 and 18 to ...

The International Monetary Fund (IMF) has unveiled the World Economic Outlook and predicted Pakistan’s growth rate at 3.5%. The IMF’s World Economic Outlook report said that unemployment and inflation will further rise in Pakistan while the economic growth target would not be achieved. The ...

ISLAMABAD – Federal Finance Minister Ishaq Dar left for a visit to the United States to attend important meetings on Tuesday, the finance ministry said. Dar will attend the annual meetings of the International Monetary Fund (IMF) and the World Bank. He is also likely to meet with the IMF and ...

*ISLAMABAD: The International Monetary Fund (IMF) Executive Board has stalled the loan program for Pakistan and extended its volume to $6.5 billion from $6 billion, earlier.* The Fund in a press release announced that the executive board completed the combined seventh and eighth reviews of the ...

KARACHI: Foreign investment in Pakistan’s equities has declined by 83 percent to an estimated $1.4 billion since 2016, a recent study by a leading Pakistani brokerage house suggested on Monday, with financial experts attributing it to persistent economic and political instability and a US ...

For decades, India believed China did not represent a military threat, said Lieutenant General DS Hooda, who from 2014 to 2016 headed Indian military’s Northern Command, which controls India-administered Kashmir, including Ladakh. But that calculus changed in mid-2020 when a clash high in ...

Pakistan strongly rejected the ludicrous comments and fallacious claims made by the Indian ministry of external affairs (MEA) spokesperson regarding a statement of the Organization of Islamic Cooperation (OIC). The Foreign Office Spokesperson in a press release said, “India’s hubris in this ...

link link link. link *ISLAMABAD: The National Savings on Saturday announced a hike in profit on regular income certificates and saving accounts. * According to a handout issued today, the interest rate has been hiked to 12.6 percent on regular income certificates while profit on saving ...

*ISLAMABAD: The Federal Board of Revenue (FBR) shared the details of the new taxation measures of Rs400-450 billion, including the proposed plan on the Personal Income Tax Reforms to be incorporated in the Finance Bill 2022, with the Prime Minister Shehbaz Sharif on Saturday.* Sources told ...