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Pakistan external debt rises to dangerous highs of 85 billion, unprecedented in history

News Desk
2017-12-16

ISLAMABAD – Pakistan’s external debt and liabilities have mounted to $85 billion by September-end this year – a year-on-year increase...

Pakistan to sell surplus electricity, claims Power Minister

News Desk
2017-12-13

ISLAMABAD – Minister for Power Sardar Awais Ahmed Khan Leghari says Pakistan is witnessing surplus energy generation due to effective...

Pakistan – IMF hold technical discussion over economy

News Desk
2017-12-09

ISLAMABAD – The visiting International Monetary Fud (IMF) Post Programme Monitoring Mission held various rounds of technical discussions over the...

What s behind Pakistani Rupee Devaluation

News Desk
2017-12-09

ISLAMABAD: The Pakistani rupee tumbled on Friday after what appeared to be an effective devaluation by the central bank, which...

Pakistan market shakes as Dollar shoots up

News Desk
2017-12-08

KARACHI – The market was shaken on Friday as both the interbank and open market rates of U.S. dollar went...

Pakistan has the potential for strong economic growth: Study

News Desk
2017-12-04

FAISALABAD: Pakistan has the potential for achieving strong economic growth till 2030, says a study, provided it successfully overcomes five...

Pakistan to become load shedding free country from tonite, claims minister

News Desk
2017-12-03

ISLAMABAD – Minister for Power Division has declared five thousand two hundred ninety seven feeders as load-shedding free from tonight...

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),...

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