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Pakistani rupee makes gains against US dollar

Pakistani rupee makes gains against US dollar

KARACHI: The rupee gained against the dollar in the inter-bank and open market in the outgoing week largely due to strong foreign inflows, while positive macroeconomic indicators also helped in the currency's appreciation. The rupee...
Govt decides to set up markets in border areas with Afghanistan, Iran

Govt decides to set up markets in border areas with Afghanistan, Iran

ISLAMABAD: The federal government has decided to establish border markets in the border areas with Afghanistan and Iran. Prime Minister Imran Khan has tasked the commerce ministry to complete necessary requirements for the establishment of...
ADB approves $1 billion budget support to strengthen Pakistan's economy

ADB approves $1 billion budget support to strengthen Pakistan’s economy

MANILA: The Asian Development Bank (ADB) Friday approved $1 billion in immediate budget support to Pakistan to shore up the country’s public finances and help strengthen a slowing economy, said an official ADB news...
US welcomes Moody's upgrade in Pakistan's credit outlook

US welcomes Moody’s upgrade in Pakistan’s credit outlook

WASHINGTON: Crediting the finance ministry's reform efforts and the International Monetary Fund (IMF) programme, the in-charge of South Asia affairs at the US State Department, Alice Wells, on Wednesday welcomed Moody's revision in Pakistan's...
Pakistan's financial and trade deficit is decreasing: Hafeez Sheikh

Pakistan’s financial and trade deficit is decreasing: Hafeez Sheikh

ISLAMABAD: Adviser to the Prime Minister on Finance Dr Abdul Hafeez Sheikh said that financial and trade deficit of the country is decreasing, while global organizations are also acknowledging Pakistan’s economic growth. Speaking at a...
SC moved against increase in petroleum products prices

Ogra recommends reduction in prices pf petroleum products

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) recommended Rs0.85 decrease for petrol prices on Friday. According to the details, the Ogra has recommended 0.85 decrease in petrol prices and Rs2.40 decrease in the price...
PM Imran Khan to attend World Economic Forum in Davos

PM Imran Khan vows to economically uplift country by bolstering exports

ISLAMABAD: Prime Minister Imran Khan has vowed to economically uplift the country by bolstering exports and attracting the foreign investment. He was addressing a tripartite signing ceremony between MSD Tire and Rubber Company, Doublestar China...
Distribution companies propose hike in gas prices

Distribution companies propose hike in gas prices

ISLAMABAD: Distribution companies have asked the federal government to raise the prices of gas in the country. As per details, Sui Northern has demanded 31% rise in the prices of gas whereas Sui Southern has...
Govt increases petrol price by Rs1 per litre for November

Govt increases petrol price by Rs1 per litre for November

ISLAMABAD: The government on Thursday has increased petroleum product prices for the month of November 2019. According to notification issued on Thursday, petrol price has been increased by Re1 per litre, whereas the price of...
LHC moved against hike in prices of petroleum products

OGRA recommends increase in prices of petroleum products

ISLAMABAD: Prices of petroleum products are likely to be increased as Oil and Gas Regulatory Authority (OGRA) has sent a summary seeking change in hydrocarbons’ prices to cabinet division. It is expected that price of...

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