$13 Billion Have Been Invested in CPEC: Mansoor
ISLAMABAD: Special Assistant to Prime Minister on China-Pakistan Economic Corridor Affairs, Khalid Mansoor on Tuesday said the government was taking comprehensive measures to provide maximum...
US Dollar Crosses Rs165 Mark
The exchange rate of US Dollar strengthened by 77 paisa in the interbank on Tuesday against Pakistani rupee.The greenback closed at Rs165.20 on second business...
PSX Loses 283 Points on Second Business Day of the Week
KARACHI: On the second day of the trading week, the market was down on the Pakistan Stock Exchange. With a decrease of 283 points, the...
Pakistan Foreign Exchange Reserves Jumps To $27.4 Billion Dollars
KARACHI:Pakistan’s foreign exchange reserves have jumped to $27.4 billion after the transfer of $2.75 billion dollar by the IMF. #SBP has received US$ 2.75 billion...
IMF Recongnizes Pakistan’s Assistance In Evacuation Of Its Personnel From Afghanistan
Islamabad: International Monetary Fund (IMF) has recognized Pakistan’s assistance in the safe and swift evacuation of its personnel and their families from Afghanistan. In a...
Rupee Falls By 25 Paisa Against USD
KARACHI: The exchange rate of US Dollar strengthened by 25 paisa in the interbank on Monday against Pakistani rupee.The greenback closed at Rs164.43 on first...
Bullish Trend At PSX
KARACHI: The Pakistan Stock Exchange (PSX) got off to a great start with a gain of over 500 points. On the first day of the...
IMF To Release Loan To Pakistan Under SDRs Today
Washington: International Monetary Fund (IMF) will start today a general allocation of Special Drawing Rights (SDRs) equivalent to US$650 billion (about SDR 456 billion) to...
President Disposes Of FBR Pleas In Rs1.2 bn Fake Invoices Scam
ISLAMABAD: President Dr Arif Alvi has disposed off 42 representations of the Federal Board of Revenue in cases of bogus sales tax invoices, worth over...
Govt Failed in Resolving Some Issues Due to IMF: Tarin
KARACHI: Marking the three years of the Pakistan Tehreek Insaf (PTI) government, Federal Minister for Finance and Revenue Shaukat Tarin said Friday that to allay...
PIA Resume Its Kabul Flight Operation
ISLAMABAD: Federal Minister for Information and Broadcasting Fawad Chaudhry’s tweet says that PIA has resumed its Kabul operation, three hundred and fifty passengers will arrive...
IMF Suspends Afghanistan’s Access To Funds
An IMF spokesperson said it was due to “lack of clarity within the international community” over recognising a government in Afghanistan. Resources of over $370m...
ADB Approves $235m To Upgrade National Highway
Islamabad: Asian Development Bank (ADB) has approved a 235 million dollars loan to upgrade the National Highway in Pakistan. According to an ADB press statement,...
Dollar Weakened by 11 Paisas Against Pakistani Rupee
KARACHI: The exchange rate of US Dollar weakened by 11 paisa in the interbank on Tuesday against Pakistani rupee. The greenback closed at Rs164.08 on...
Licenses Issued To 5 Companies For Exploration Of Oil and Gas
ISLAMABAD: The government has issued five licenses to the Oil and Gas Development Company for the exploration of oil and gas in the country. OGDCL...
OGRA Recommends Increase in Petroleum Prices
ISLAMABAD: Prices of petroleum products may go up by Rs2.50 from August 15, as the Oil and Gas Regulatory Authority (OGRA) has sent a summary...
PM Khan Chairs Meeting of Economic Advisory Council
ISLAMABAD: Prime Minister Imran Khan has directed the authorities concerned to accelerate the process of reforms to entice investment in different sectors. Chairing a meeting...
Spike In Tomato, Chicken Prices Pushes Up Inflation
ISLAMABAD: Inflation based on the Sensitive Price Index (SPI) for the combined consumption group for the week ended on August 12 increased by 0.61% due...
IMF Tranche To Boost Country’s Foreign Reserves: Governor SBP
ISLAMABAD: Governor State Bank of Pakistan (SBP) said on Friday that the country’s economic conditions were improving with growth rate expected to be between four...
Pak-Afghan Border Crossing At Chaman Reopened
ISLAMABAD: Pak-Afghan border crossing at Chaman has been reopened for pedestrian traffic and trade activities on Friday after remaining closed for a week. The border...