Pakistan not planning to freeze foreign currency accounts: Minister
ISLAMABAD: State Minister for Finance and Revenue Dr Aisha Ghaus Pasha said government had no intention of freezing foreign currency accounts despite nation facing severe dollar crunch. “We do not plan on freezing foreign currency accounts and...
Despite constraints, budget 2023-24 promises to turn things around: PM
ISLAMABAD: Prime Minister Shehbaz Sharif said that despite constraints imposed by domestic and global circumstances, budget 2023-24 promised to turn things around and has outlined clear path for purpose. In a tweet he said that achieving economic sel...
PM links economy with political stability as Cabinet okays budget proposals
ISLAMABAD: Prime Minister Shehbaz Sharif said country’s sound economic growth was linked with its political stability. “Without political stability, even billions of budget could not make difference in improving economic situation,”...
Pakistani-American Texan lawmaker discusses with Ambassador Masood Khan plans to boost Pak-Texas trade
WASHINGTON: Salman Bhojani, a Pakistani-American who was recently elected to the Texas House of Representatives, met Pakistan Ambassador to the United States, Masood Khan, Wednesday and briefed him about his efforts to forge unity among Muslim commun...
Convener KZBF Sindh, Chairman Gohar Group discuss economic activity
Karachi: Convener of Karachi Zone Business Forum Sindh (KZBF) of Pakistan Muslim League (Functional) Abdul Qadir Hashmani met with businessman Muhammad Hanif Gohar Chairman of Gohar Group of Companies. Abdul Qadir Hashmani presented flowers to Hanif...
TAPI gas pipeline project to usher in region’s prosperity: PM
ISLAMABAD: Prime Minister Shehbaz Sharif expressed confidence that TAPI (Turkmenistan-Afghanistan-Pakistan-India) gas pipeline project would usher in an era of regional cooperation, development and prosperity. Addressing here at signing ceremony of T...
Pakistani budget caught between IMF expectations, election
KARACHI: Government will hope to find balance between reforms to satisfy International Monetary Fund and measures to win over voters in an imminent election in its budget for 2023-24 fiscal year to be announced on Friday, analysts said. Pakistan&rsqu...
Inter-bank: rupee weakens further, settles at 286.88 against dollar
Karachi: Rupee registered losses, depreciating 0.11 percent against dollar in inter-bank market. At close, domestic unit currency settled at 286.88, decline of 0.32 paisa as per State Bank of Pakistan. However, in open-market unit dollar was being qu...
KSE-100 rises 219pts to close 42,143 mark
Karachi: Buying spell continued at Pakistan Stock Exchange (PSX) and KSE-100 Index surpassed 42,000-point mark again on back of expected resumption in International Monetary Fund (IMF) deal. KSE-100 index closed trading session at 42,142.71, an incre...
Pakistan now hopes to ink deal with IMF before budget on Friday: Report
Karachi: Amid an incessant delay in revival of bailout programme, Pakistani authorities are now hopeful of inking deal with International Monetary Fund (IMF) before they unveil budget on June 9, said Ministry of Finance in an emailed response to ques...
