Pakistan receives first tranche of IMF programme
ISLAMABAD: Pakistan has received the first tranche of $991.4 million of the $6 billion bailout package International Monetary Fund (IMF) bailout, the chief spokesperson for the State Bank of Pakistan said on Wednesday.
This is...
Pakistan to receive $1 billion tranche from IMF today
ISLAMABAD: Pakistan will receive the $1 billion installment from the International Monetary Fund's (IMF) under the recently concluded $6bn bailout package today.
Speaking at a news conference on Monday, IMF chief mission chief for the...
ADB to provide $2.1b to support Pakistan’s reform, development programs
ISLAMABAD: Asian Development Bank (ADB) plans to provide 2.1 billion dollars out of 3.4 billion dollar funds to support Pakistan's reform and development programs during the current fiscal year.
This was stated by ADB Country...
Govt to support development of housing sector: Finance Adviser
ISLAMABAD: Adviser to Prime Minister on Finance Dr. Abdul Hafeez Shaikh has assured the government's support for the development of housing sector as it has the potential of providing employment opportunities to the youth.
He...
Steps being taken to check smuggling, under-invoicing: FBR Chairman
FAISALABAD: Chairman Federal Board of Revenue Shabbar Zaidi has said the government is seriously considering steps to check smuggling, under-invoicing and abuse of Afghan transit trade agreement.
Addressing a ceremony in Faisalabad on Monday, he...
Traders take back strike call after successful talks with government
KARACHI: The Karachi-based traders on Sunday withdrew their call for a three-day shutter down strike after meeting with Sindh Governor Imran Ismail.
According to the details, the negotiations between the Karachi Tajir Action Committee (KTAC)...
Traders announces countrywide strike on July 13 against budget
ISLAMABAD: Anjuman Tajiran Pakistan has announced to observe countrywide shutter down on July 13 to protest the federal budget 2019 for what it says the anti-business.
Central president of the leading traders group, Kashif Chouhdary,...
Iranian trade minister calls on PM Imran
ISLAMABAD: Prime Minister Imran Khan has reaffirmed Pakistan's commitment to strengthen relations with Iran in diverse fields including people to people exchanges.
He was talking to Iranian Minister for Industry and Trade Reza Rehmani in...
IMF loan of $6b to bring sustainable economic growth: Finance Advisor
ISLAMABAD: Advisor to PM on Finance Dr Abdul Hafeez Shaikh says IMF's loan of six billion dollars will bring sustainable economic growth to the country.
Addressing a news conference along with Minister of State for...
IMF approves $6 bln Extended Fund Facility for Pakistan
ISLAMABAD: Adviser to the Prime Minister on Finance Dr. Abdul Hafeez Shaikh has said IMF Board approved a six billion dollars Extended Fund Facility for Pakistan to support economic reform program.
In a tweet message...
