Pakistan Published 17 Jun, 2023 11:25pm Greece boat disaster: a Pakistani father’s anguish over his missing son Mehmood says a local travel agent had charged Rs2.2 million for his son’s trip
Business & Economy Updated 17 Jun, 2023 12:04am Pakistan engaged with IMF to reach amicable solution: finance ministry Says government is committed to loan programme
Pakistan Published 16 Jun, 2023 03:47pm Dar says growth targets will be ‘easily’ achieved Adds that revenue target was made on scientific basis
Pakistan Published 14 Jun, 2023 09:18am Importing Russian oil Pakistan’s ‘own choice’, says US The first shipment of Russian oil arrived in Pakistan recently
Business & Economy Updated 13 Jun, 2023 04:59pm Pakistan seeks spot LNG cargoes, inks supply deal with Azerbaijan Pakistan is dependent on gas for power generation
Business & Economy Published 12 Jun, 2023 08:29pm Pakistan ‘not considering’ bilateral debt restructuring We are not considering any such plan, so there is no question of what will be the haircut, sources quoted SBP as saying
Business & Economy Updated 12 Jun, 2023 12:44am IMF deal ‘in the offing’ as Pakistan fulfils all conditions PM Shehbaz says law will take its course while commenting on May 9 events
Business & Economy Published 08 Jun, 2023 12:09pm New budget crucial to securing IMF board review Talks on $1.1billion bailout package have been stalled for months
Business & Economy Published 07 Jun, 2023 03:20pm Pakistani budget caught between IMF expectations and election IMF money is crucial to avoid crisis, but the government wants to win votes
Business & Economy Updated 07 Jun, 2023 02:25pm Economic growth fell to 0.3%, official economic survey reveals Inflation stood at 29% in the current fiscal year
Business & Economy Published 06 Jun, 2023 04:57pm Pakistan ‘proposes’ inflation target of 21% in estimates for FY24 budget Proposals ahead of budget presentation also include fiscal deficit target of 7.7% of GDP
Business & Economy Updated 06 Jun, 2023 01:48pm Provincial development budgets exceeded allocation by over Rs400b Govt had set Rs1692 billion for three provinces, but it went over Rs2,000 billion.
Business & Economy Updated 02 Jun, 2023 05:18pm Pakistan to begin barter trade with Afghanistan, Iran and Russia Pakistan has been forced to limit LCs due to falling reserves
Business & Economy Published 02 Jun, 2023 01:25am Pakistan central bank’s forex reserves fall $102m to $4.09b Total liquid foreign reserves held by the country stood at $9.513 billion
Business & Economy Published 01 Jun, 2023 02:45pm Govt decides to abandon IMF program, negotiate new one later The IMF has been tough in its negotiations over the last year
Business & Economy Published 30 May, 2023 08:42am IMF hoping for board meeting on Pakistan before current program expires This engagement will focus on the restoration of foreign exchange proper market functioning, says IMF mission chief
Business & Economy Published 29 May, 2023 09:55am Pakistan’s unemployment rate lower than India and Turkey, shows data Pakistan’s unemployment rate stands at 6.5%
Business & Economy Published 22 May, 2023 06:24pm Gold prices fall internationally but increase in Pakistan Gold became $5 per ounce cheaper in the international market
Business & Economy Updated 20 May, 2023 12:29pm What India’s decision to scrap its 2000-rupee note means for its economy The decision is reminiscent of a shock move in 2016 when the Narenda Modi
Pakistan Published 19 May, 2023 10:22pm Prices of life-saving medicines to be increased by 14% Prices could drop if value of rupee improves
Business & Economy Published 14 May, 2023 04:35pm Pakistan’s external financing requirements for IMF deal unchanged: IMF Pakistan has already quashed a controversial fuel subsidy scheme
Business & Economy Published 11 May, 2023 03:25pm Pakistan ‘tells’ IMF it will scrap fuel subsidy plan Government has assured IMF of not introducing new tax exemptions
Business & Economy Published 10 May, 2023 06:56pm Pakistan’s deepening political crisis douses hopes for IMF relief The country faces the risk of a default unless it receives massive support
Business & Economy Published 09 May, 2023 02:15pm Pakistan set to repay or roll over $3.7b debt Coalition government has averted the default, says ministry
Business & Economy Published 07 May, 2023 12:16pm Saudi Arabia economy grew 3.9% in Q1 boosted by non-oil activities Non-oil activities grew by 5.8% in the first quarter from a year prior
Business & Economy Published 05 May, 2023 12:48pm IMF says it is working with Pakistan on bailout review IMF supports the authorities in the implementation of policies, says mission chief
Business & Economy Updated 04 May, 2023 04:56pm IMF to discuss Pakistan’s budget plans in fresh hurdle to funding IMF's Porter says current baseline is to proceed sequentially with reviews
Business & Economy Published 02 May, 2023 06:43pm Food pushes Pakistan inflation to record 36.4% in April Officials hope inflation will slow down after June
World Published 01 May, 2023 12:11pm Uzbek leader wins referendum on extending powers The reform, passed with 90.21% of Sunday’s vote
Business & Economy Updated 28 Apr, 2023 05:47pm Pakistan hikes drug prices by 20%, manufacturers want more Inflation is already at a record 35% percent