On Wednesday, Commerce Minister Gohar Ejaz expressed a willingness to explore the potential of imposing tariffs on imported steel products in order to protect the local industry. This development occurred during a meeting between the minister and a delegation from the steel industry, led by ...

ISLAMABAD – The coalition government has decided to establish a Special Investment Facilitation Council (SIFC) to attract foreign investment with Pakistan Army giving a formal role. During a high-level meeting, Prime Minister Shehbaz Sharif informed the participants about the decision. The ...

LAHORE – Talks between the crisis-hit Pakistan and International Monetary Fund will resume virtually on Monday as the two sides eye finalizing a deal to unlock funding critical to keep Pakistan afloat amid economic meltdown. Islamabad and US-based lender could not reach a deal earlier in ...

ISLAMABAD – Cash-strapped Pakistan and the International Monetary Fund (IMF) are holding policy-level talks on the budget deficit, external financing, and other key issues, as the global lender keeps eye on untargeted subsidies. IMF asked Pakistani officials to collect additional taxes to ...

ISLAMABAD – The International Monetary Fund mission arrived in Pakistan late Monday to discuss the stalled ninth review of the crucial funding programme, with the country’s economy worsening with each passing day. Reports in local media suggest that the IMF mission chief for Pakistan Nathan ...

The Pakistan Cricket Board has formally written to 27 leading departments, seeking their interest in participating in the PCB Domestic Cricket Season 2023-24, which will start in August. The letters were dispatched to the departments on behalf of Mr Najam Sethi, Chair of the PCB Management ...

ISLAMABAD – International Monetary Fund has linked the revival of stalled loan programme of cash strapped country with the completion of all prerequisites in three weeks. Reports in local media said the global lender told Islamabad to take essential actions within three weeks for the revival of ...

The Pakistan delegation held several meetings with the IMF officials and discussed pathways to complete seventh review of the IMF programme. The delegation led by Finance Minister Miftah Ismail laid out Pakistan government’s priorities and efforts to bring fiscal discipline while insulating the ...

According to the minister, the IMF has put five major demands before the Shehbaz Sharif government for slashing down the primary deficit by Rs1,300 billion through withdrawal of fuel subsidy of Rs150 billion on monthly basis and taking additional taxation measures for reviving the stalled ...

Tehran, April 4 (AFP/APP):Iran will only return to Vienna to finalise an agreement to revive its landmark 2015 nuclear deal with world powers, foreign ministry spokesman Saeed Khatibzadeh said Monday. "We will not be going to Vienna for new negotiations but to finalise the nuclear ...