Chinese bank approves rollover of $1.3 billion loan for Pakistan
ISLAMABAD: The Industrial and Commercial Bank of China ((ICBC) has approved a rollover of $1.3 billion loan for Pakistan, which will help shore up...
OGRA recommends hike in petroleum products prices: sources
ISLAMBAD: The Oil and Gas Regularity Authority (OGRA) has sent a summary for increase in the prices of the petroleum product to the federal...
Rupee plunges to a historic low against the dollar
KARACHI: The rupee has plunged to a historic low against the dollar on Friday. According State Bank of Pakistan (SBP), the dollar was closed...
SBP increases policy rate to 20 per cent
KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) Thursday increased interest rate by 300 basis points, taking it to...
IMF’s conditions, Govt makes officials’ assets declaration mandatory
ISLAMBAD: The government started implementation of the IMF conditions for revival of the programme by deciding to collect the assets details of the civil...
Prices of food items increased at Utility Stores
ISLAMABAD: The Utility Stores Corporation of Pakistan has increased prices of various items at utility stores across the country. The increase in prices will...
Imran destroyed country’s economy, says Ishaq Dar
ISLAMABAD: Finance Minister Ishaq Dar has reacted strongly to a recent tweet of PTI Chairman Imran Khan against the government describing it irresponsible and...
Dar holds Imran Khan’s govt responsible for current economic crisis
ISLAMABAD: Federal Minister for Finance and Revenue Ishaq Dar Friday held the Imran Khan’s government responsible for the current economic crisis in the country,...
IMF conditions: ECC approves increase in gas prices
ISLAMABAD: The Economic Coordination Committee (ECC) has approved increase in prices of the gas as per the IMF condition for revival of the programme.
The...
Staff level agreement between Pakistan, IMF likely this week
ISLAMABAD: There has been significant progress in the virtual talks between Pakistan and the IMF, source said, adding that the IMF has given a...
