Saudi Arabia Deliberates Upon Increasing Pakistan Deposit Amount To $5b
RIYADH: Saudi Crown Prince Mohammad Bin Salman Tuesday directed the authorities to study increasing the amount of the deposit by $2 billion to reach $5...
Bloomberg Rejects Pakistan’s Default Fears
Islamabad: US-based financial news service, Bloomberg has dismissed reports speculating that Pakistan was heading towards default, warning of economic hardship in near future. In a...
PM Thanks IDB President For His support To Flood Victims, Cooperation with Pakistan
Geneva: Prime Minister Muhammad Shehbaz Sharif held a meeting with President of Islamic Development Bank, Dr Muhammad Al-Jasser on the sidelines of International Conference on...
IDB Pledges Amount Of $4.2b For Pakistan’s Climate Resilience
Islamic Development Bank (IDB) has pledged to finance an amount of 4.2 billion dollars over the next three years for achievement of Pakistan’s climate resilience...
PM Shehbaz Hold Telephonic Conversation With MD IMF On His Request Regarding Geneva Moot
ISLAMABAD: Prime Minister Shehbaz Sharif had a constructive call with International Monetary Fund (IMF) Managing Director Kristalina Georgieva regarding the International Conference on Resilient Pakistan...
Pakistan Has Net Foreign Reserves Of $10.5 Bln: Ishaq Dar
Islamabad: Finance Minister Ishaq Dar has said that the net foreign reserves held by commercial banks stood at nearly $6 billion along with the reserves...
Karachi Trade Union Refuses to Close Markets Early
KARACHI: President Karachi traders union Hammad Poonewala has efused to comply with the federal government’s decision of early closure of markets in a bid to...
AIIB Assures Its Full Support, Cooperation to Pakistan
Finance Minister Ishaq Dar says the government inherited weak economic legacy, but is focusing on fixing things to put their in right direction and is...
Pakistan Committed To Complete IMF Programme: PM
ISLAMABAD: Managing Director of the International Monetary Fund Kristalina Georgieva on Friday called Prime Minister Muhammad Shehbaz Sharif over telephone, expressed her deep sympathy and...
Dollar Prices Increased By 50 Paisa In Open Market
Karachi: According to exchange companies association, the US dollar prices uptick on Friday (today) by 50 paisa in the open market. The dollar prices stand...
Pakistan Business Council Voices Satisfaction Over govt’s Economic Policies
Pakistan Business Council has expressed confidence in the economic policies and various energy saving initiatives take by the current government. This was stated by the...
Pak Business Express Narrowly Escapes Accident
HAIDERABAD: Pak Business Express has narrowly escaped an accident at American Quarter area. The train was saved from the accident by the presence of mind...
Traders Reject Govt’s Decision of Early Markets Closure
After the Pakistan Democratic Movement (PDM)-led coalition government announced to shut all malls and markets by 8:30pm in new energy conservation, the trading community Tuesday...
Govt Keen to Expand IT Industry for Economic Development : Dar
Finance Minister Ishaq Dar says present government is keen to expand IT industry to increase youth’s contribution to the economic development of Pakistan. He was...
Govt Decreases Prices Of 20 Essential Medicines By 30 Percent
ISLAMABAD: The federal government has approved up to a 30per cent reduction in the prices of 20 essential medicines. The decision was taken in the...
Power Ministry Is Working On efforts To Control Power Sector Losses: Khurram Dastagir
ISLAMABAD: Minister for Power Division Khurram Dastgir on Tuesday said currently no large-scale privatization of power distribution companies (DISCOs) was on card adding that efforts...
2023 to Be Tougher for Global Economy Than 2022: IMF Managing Director
The International Monetary Fund (IMF) has warned that this year will be tougher than the last year for global economy as one-third of the world’s...
Banks to Remain Closed for Public today
KARACHI: The State Bank of Pakistan and all private banks are closed for public dealing today (January 2) in the wake of bank holiday. The...
People Enrolled In BISP To Get Essential Items On Cheap Rates From USC
Islamabad: Under the Prime Minister’s Relief Package, essential food items will be provided at subsidized rates at the Utility Stores Corporation outlets across the country...
PoL Prices To Remain Unchanged For Next 15 Days
Finance Minister Ishaq Dar has announced to maintain prices of the petroleum products to provide relief to the people in view of harsh weather. Talking...