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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),...

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...

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