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Pakistan Economy shows robust growth in first quarter of FY 2017-18

News Desk
2017-11-29

ISLAMABAD: With the fiscal deficit recorded at 1.2 percent of the gross domestic product (GDP), the federal government’s financial operations...

Pakistan Economy FY 2017-18 shows positive indicators

News Desk
2017-11-23

ISLAMABAD: The economy, as indicated by indicators for first quarter of the current fiscal year, has been reflecting strong performance...

Pakistan takes foreign loans worth 1 billion in first four months of FY 2017-18

News Desk
2017-11-23

ISLAMABAD: Pakistan has obtained yet another foreign commercial loan of $500 million from the Industrial and Commercial Bank of China (ICBC),...

21 Wind energy projects under construction in Pakistan

News Desk
2017-11-19

KARACHI – Work on twenty-one wind energy projects with a total capacity of over one thousand megawatts of electricity is...

Pakistan would not avail IMF bailout package

News Desk
2017-11-17

LAHORE: Prime Minister Shahid Khaqan Abbasi and State Bank of Pakistan (SBP) firmly believe Pakistan can face twin challenges of widening...

Pakistan to raise 2 billion through bonds to support economy

News Desk
2017-11-13

ISLAMABAD – Pakistan has picked arrangers for a potential $2bn debt sale planned for later this year, according to two...

Pakistan economy rating revealed by Standard and Poor Global Ratings

News Desk
2017-10-30

ISLAMABAD: The global rating agency, Standard & Poor’s Global Ratings (S&P), in its report on Monday affirmed Pakistan’s long-term ‘B’...

Pakistan economy already under pressure may face another blow

News Desk
2017-10-30

ISLAMABAD – Asian Development Bank forecast that remittance to slow down as less movement of workers to the Asian countries...

Pakistan to raise 2 billion via Euro and Sukuk bonds to ease balance of payment

News Desk
2017-10-26

ISLAMABAD: To raise $2b via Euro and Sukuk bonds for easing balance of payments position, the government has decided to appoint...

Pakistan government to take loans worth 8 billion in FY 2017-18

News Desk
2017-10-25

ISLAMABAD – Pakistan has taken fresh foreign loans of $1.5 billion in the first quarter of the current fiscal year against...

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