Islamabad: Minister for Finance and Revenue Miftah Ismail said that he was hopeful International Monetary Fund (IMF) executive board would meet on August 29, after which process to disburse funds to Pakistan will start. “There were minor edits...
ISLAMABAD: Minister for Planning Development and Reforms Ahsan Iqbal assured business community to address all hurdles in export promotion and investment development within 15 days to facilitate them for enhancing local exports while attracting forei...
Karachi: Irfan Iqbal Sheikh President FPCCI categorically rubbished claims of news articles that private-sector of Pakistan was not consulted on recently signed and well-anticipated Preferential Trade Agreement (PTA) between Pakistan-Turkiye Trade in...
KARACHI: State Bank of Pakistan (SBP) allowed all exchange companies to export foreign currencies other than dollar and bring in greenback in their foreign currency accounts maintained with banks in Pakistan. In a statement issued in this regard, ce...
ISLAMABAD: Saudi Arabia has decided to extend period of its $ 3 billion safe deposit in assistance to Pakistan. According to sources in finance ministry, Kingdom of Saudi Arabia will extend its $ 3 billion safe deposit for one more year adding that...
ISLAMABAD: Prime Minister Shehbaz Sharif underscored need for urgently operationalising Transit Trade Agreement and Preferential Trade Agreements with Uzbekistan to fully unlock immense bilateral economic potential. ...
It was once believed that increasing economic growth will open doors for employment opportunities and in turn raise the living standards of the general public. However, with the pandemic still on the loose, the business world has come to a very diffe...
ISLAMABAD: Pakistan and Turkey signed Preferential Trade Agreement (PTA) aimed at boosting trade in goods between two countries. Prime Minister Shehbaz Sharif witnessed inking of PTA at a ceremony held at PM Office, as visiting Turkish Trade Minister...
Islamabad: Pakistan reached a staff-level agreement with International Monetary Fund (IMF). Islamabad received letter of intent (LOI) a document declaring preliminary commitment of one party to do business with another from global lender. Receipt of...
ISLAMABAD: National Electric Power Regulatory Authority (Nepra) increased in electricity tariff by Rs 9.90 per unit on account of monthly fuel adjustment (MFA) for June 2022. According to notification issued by Nepra, CPPA had requested an incr...
RAWALPINDI: Chief of Army Staff (COAS) General Asim Munir has expressed resolve that the Pakistan Army, in collaboration with law enforcement agencies (LEAs), remains determined to eliminate terrorism and extremism in all its forms, ensuring the rest...
ISLAMABAD: Parliamentary Secretary for the Cabinet Division, Syed Sajid Mehdi, yesterday suggested that people should "use the internet less" and for "important matters only" as a solution to frequent internet slowdowns in Pakistan. In recent months,...
KARACHI: Governor Sindh Kamran Khan Tessori stated that Pakistan lacks no talent, noting that many renowned doctors in the United States are of Pakistani origin. He further highlighted that graduates from Dow University are making their mark globally...
ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Chairman Barrister Gohar has welcomed the formation of the government's negotiation committee, expressing hope that all issues will be resolved in the shortest possible time. In a statement, he said, "We welc...
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