Pakistan can afford to run a deficit due to simpler external account, says Citibank EMEA head
KARACHI: Pakistan can afford to run a deficit as it has a ‘simple’ external account when compared to other emerging market countries,...
Govt ‘facilitates’ JWP’s Shazain Bugti ahead finance bill voting
OGDC to pay Shazain Bugti an additional 36pc as rent for 2,500 acres of land in Uch, Dera Bugti
SBP reserves surge $1.27bn to $11.23bn
--SBP received $2.05bn in official inflows last week
--Reserves calculated after taking into account external debt payments of $809m
KARACHI: The net foreign exchange...
PM announces establishment of 15 national parks
Imran Khan launches 'Protected Area Initiative', wherein the coverage of protected areas will be enhanced to 15pc of the country's overall land area
PSX sets up Rs10m fund for martyred security personnel
Sindh CM and a private security firm also announce financial assistance for families
Govt decides against privatisation of PIA’s Roosevelt Hotel
ISLAMABAD: The Cabinet Committee on Privatisation (CCoP) on Thursday decided that Roosevelt Hotel in New York, a property of Pakistan International Airlines...
TDAP refuses to issue permits to jewellery exporters
ISLAMABAD: The Trade Development Authority of Pakistan (TDAP) has refused to issue permits to jewellery exporters who have been unable to manage...
Pakistan’s exports decline 6.8pc YoY in June
Commerce ministry terms the single-digit reduction in June as a 'sign of recovery', as exports had declined 54pc and 33pc in April and May
Tax experts laud FBR for exceeding revenue collection target by Rs92bn
LAHORE: The country's leading tax experts have lauded the Federal Board of Revenue (FBR) for exceeding the FY20 revenue collection target of...
Replace or convert Rs40,000 bonds by Dec 31: SBP
KARACHI: The deadline for the replacement or conversion of Rs40,000 national prize bonds has been extended to December 31, according to a...
Govt decides to abolish posts vacant for more than one year
The decision has been taken in light of 'increasing salary bill of federal govt'
AGP reveals Rs2.96tr irregularities in Power Division
ISLAMABAD: The Auditor General of Pakistan (AGP) has revealed irregularities of Rs2,962 billion in 318 cases of Power Division and its attached...
PIA gets temporary permission to serve EU states
BRUSSELS: The European Union has granted temporary permission to Pakistan International Airlines (PIA) to operate flights to and from the continent till July...
‘Fuel shortage must not be linked with partial curtailment of oil imports’
Petro Division urges media to provide objective info to public and reserve comments till court judgments
Razak Dawood stresses economic integration with Afghanistan, CARs
PM's aide urges IDFC to act as an interlink between regional countries so that mutual objectives could be achieved