Dollar crosses Rs104 in interbank market
KARACHI: The exchange rate of US dollar in the interbank market appreciated by Rs2.10 on Monday to reach a 17-month high of Rs104.10. The...
Talks with IMF moving ahead in a positive way: Hafeez Sheikh
ISLAMABAD: Adviser on Finance Hafeez Sheikh has said that negotiations with IMF are moving ahead in a positive way to reach a programme that...
Govt taking measures to provide investment opportunities for overseas Pakistanis
DOHA: Minister of State for Interior Shehryar Khan Afridi on Monday said the government was taking measures to facilitate and encourage overseas Pakistanis to...
IMF program will stabilize Pakistan economically: spokesperson
ISLAMABAD: The International Monetary (IMF) spokesperson Gerry Rice briefed media persons online on the bailout package that has been granted to Pakistan and said...
ECC approves tax exemption for Orange Line project
ISLAMABAD: A meeting of the Economic Coordination Committee (ECC) of the Cabinet was held in Islamabad on Friday with Finance Minister Ishaq Dar in...
Fitch Rating report acknowledgement of govt’s economic policies: Dar
ISLAMABAD: Finance Minister Mohammad Ishaq Dar has said that report of Fitch Rating about the economic growth of Pakistan is acknowledgement of the government's...
NEPRA announces cut in power tariff for one month
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Tuesday approved a reduction in tariff by Rs 4.11 for the month of March. NEPRA...
SBP to borrow Rs1.6 trillion from commercial banks to plug fiscal...
KARACHI: The State Bank of Pakistan, the country’s central bank has planned to borrow as much as Rs 1.6 trillion from commercial banks in...
Kuwaiti oil exploration company to invest over $9.8 million in Pakistan
ISLAMABAD: Minister for Petroleum Omar Ayub Khan has said that efforts being made by the government will bear fruit for the country in the...
Difficult decisions in economic sector start bearing fruits: Hafeez
ISLAMABAD: Adviser on Finance Abdul Hafeez Sheikh has said the difficult decisions taken by the government have started bearing positive results on the economic...