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Business & Economy Published 14 Dec, 2024 05:52pm

Pakistan, ADB sign $330m loan to strengthen social protection systems

Additional financing will support in achieving programme objectives of achieving inclusive growth, says ADB country director

Pakistan Published 14 Dec, 2024 09:30am

Slum residents spend heavily on racing donkeys amid economic hardship

Funds allocated for children’s need

Business & Economy Published 10 Dec, 2024 10:29pm

TRG Pakistan announces financial restructuring of Afiniti

TRGI has invested $15 million in Afiniti through a second-lien convertible debt instrument

Business & Economy Published 06 Dec, 2024 12:38am

Saudi Arabia extends term of $3b deposit with Pakistan for another year

Extension is continuation of the support provided by Saudi Arabia to Pakistan

Business & Economy Published 02 Dec, 2024 04:54pm

Pakistan’s annual inflation slows down to 4.9% in November

Finance ministry had projected inflation would slow to 5.8% to 6.8% in November

World Published 30 Nov, 2024 12:39pm

Sri Lanka records highest deflation since 1961

Country's economic recovery has been supported by a $2.9 billion bailout loan

Pakistan Published 25 Nov, 2024 09:15am

Aurangzeb says daily economic losses worth Rs190 bn due to protests

Aurangzeb highlights that lockdowns, protests are contributing to a decline in tax revenues

▶️ Pakistan Updated 12 Nov, 2024 11:58pm

Shabbar Zaidi calls for ending ‘supremacy of one province’ to improve NFC Award

Former FBR chairman says Money Bill should also be presented in Senate

Business & Economy Updated 08 Nov, 2024 06:05pm

October remittances soar to $3.1 billion, highest in FY 24-25

Pakistan broke records with $3.24 billion remittances in May 2024

Business & Economy Updated 10 Nov, 2024 05:13pm

Overseas Pakistani group offers Rs100 billion to buy PIA

Will assume Rs250 billion in liabilities under its plan

Pakistan Published 01 Nov, 2024 09:46am

Pakistan achieves fiscal surplus for the first time in 24 Years

Turnaround comes after years of persistent budget deficits

Pakistan Updated 29 Oct, 2024 09:21pm

NEPRA rejects proposed amendments for ‘economic load shedding’

The Supreme Court has also expressed concern over load shedding

Business & Economy Published 28 Oct, 2024 09:02am

Business leader calls for lowering interest rate by 5%

He argued that such a reduction is vital for enhancing trade activities in the country

Business & Economy Published 23 Oct, 2024 10:46am

IMF projects Pakistan’s economic growth at 3.2% amid high inflation

IMF highlights the ongoing global economic challenges

Business & Economy Published 17 Oct, 2024 07:54pm

In meeting with US envoy, Aurangzeb shares Pakistan’s goal of increasing tax-to-GDP ratio to 13.5%

Ambassador Blome reiterates US’ support for strengthening bilateral cooperation

Business & Economy Published 17 Oct, 2024 05:32pm

Structural impediments challenge macroeconomic stability: SBP

Central bank cites unfavourable business environment continue to constrain economy’s growth potential

Pakistan Updated 16 Oct, 2024 02:26pm

Islamabad SCO summit: PM Shehbaz urges expansion of China’s BRI

The premiere also called for end of terrorism from Afghanistan

World Published 07 Oct, 2024 12:17pm

Indonesian women turning to ‘pleasure marriages’ with tourists amid economic hardship

Women receive a dowry in exchange for a short-term partnership

Pakistan Published 04 Oct, 2024 09:08am

Federal govt sets diyat value for new fiscal year

The diyat value for fiscal year 2022-23 was Rs4,318,524

Pakistan Published 27 Sep, 2024 01:33pm

Galiyat Valley welcomes over 1 million eco-tourists

Authority's efforts are expected to create job opportunities

Pakistan Updated 25 Sep, 2024 11:59pm

IMF formally approves $7 billion bailout package for Pakistan

The program will be 37 months long in duration

Business & Economy Published 22 Sep, 2024 03:50pm

Finance Ministry lays out plan to deal with Rs71 trillion debt

The plan includes measures to activate the domestic debt capital market

Business & Economy Updated 14 Sep, 2024 07:34pm

IMF agreement will be made public on Sept 25: Aurangzeb

Finance minister claims superior deal compared to predecessors with IMF

Business & Economy Published 12 Sep, 2024 09:49pm

No plans to lift ban on new domestic gas connections, says petroleum minister

Musadik Malik cites PSO holds two LNG sales purchase agreements with Qatar, valid until December 31, 2031

Pakistan Updated 12 Sep, 2024 07:58pm

PM says constant loan requests diminish Pakistan’s significance as nuclear power

‘Israel has thrown any decisions from the International Court into the trash,’ cites premier

Pakistan Published 08 Sep, 2024 10:44am

Women ride Pakistan’s economic crisis into the workplace

The South Asian nation is locked in a cycle of political and economic crises

Pakistan Published 03 Sep, 2024 02:08pm

IMF conditions to be met ‘timely’, Shehbaz says

Informs cabinet members that conditions set by IMF are being closely monitored

Business & Economy Updated 27 Aug, 2024 06:19pm

Pakistan eyes $4b from Middle Eastern banks to plug financing gap, says SBP chief

Ahmad says recent interest rate cuts in Pakistan have had the desired effect

Business & Economy Updated 19 Aug, 2024 10:09pm

Functioning ‘nervous system’ a must for Pakistan: economist Atif Mian

Laments Pakistan did not have a nervous system to make the right decisions

Pakistan Updated 17 Aug, 2024 06:00pm

Economist Atif Mian laments increasing hopelessness on Pakistan streets

Says Pakistan stuck in poverty trap due to decades of malpractice: economist Atif Mian