Pakistan diaspora bond likely to be launched within a month
Due to delays in securing a bailout package from the International Monetary Fund (IMF), the issuance of Eurobonds has been put on hold
Pakistan, China agree to explore new avenues under CPEC
ISLAMABAD: Pakistan and China on Monday agreed to expand China Pakistan Economic Corridor (CPEC) to new areas of cooperation in line with the...
Govt to take $490m loan from ADB for Karachi BRT project
ISLAMABAD: The government has decided to take a loan of $490 million from the Asian Development Bank (ADB) in order to fund the...
Pakistan remittances growth to remain flat at 6.2% in 2018: World Bank
Pakistan’s remittances as a percentage of GDP was 6.9% in 2018, ranked at 3rd behind Nepal at 30.1% and two positions above India at 2.8%
With PM taking personal interest will the K-Electric deal finally materialize?
On news of SEP’s delegation meeting with the PM, led to a surge in selling and buying of K-Electric shares and it ended Friday as the market volume leader with 13.90 million shares traded
PLL convinces Gunvor to supply rescheduled LNG cargo in December
PLL has also called tenders for supply of additional LNG cargo's to the country during January and February 2019, said sources
Shaheen Air proprietors escape Pakistan, leave recoveries in limbo
SAI’s fortunes tumbled in April this year when it defaulted on payments of taxes and fee to the Federal Board of Revenue (FBR) and Civil Aviation Authority (CAA) to the tune of Rs1.3 billion
New auto companies express dismay at tax relief for Pak Suzuki Motor
Previously, Pak Suzuki Motor had tried to secure tax exemptions under the Greenfield investment category from the PML-N administration which was declined
IMF calls for further adjustments in exchange rate and monetary policy
The IMF called for 22% further hike in power tariff to address the problem of circular debt
PM likely to sack entire economic squad
Finance Minister Asad Umar, FBR chairman, SBP governor expected to be sent packing
Energy minister Omar Ayyub likely to head finance...
IMF at initial stage of assessing how much funding Pakistan requires for a bailout: Report
Ms Sanchez said that the IMF doesn’t micromanage countries and instructs as to which development and investment projects they should carry out
Pakistan negotiating $2 billion commercial loans with China: Report
Contrarily, another official stated no progress had been made on market access with China
Saudi investor pulls the plug, Shaheen Air on verge of closure
SAI’s fortunes tumbled in April this year when it defaulted on payments of taxes and fee to the Federal Board of Revenue (FBR) and Civil Aviation Authority (CAA) to the tune of Rs1.3 billion
Govt seeks early dispatchment of funds from friendly countries
'In case the expected assistance from friendly countries is delayed further, the finance ministry will speed up compliance with the IMF conditions'
ISLAMABAD: As...
Economic crisis is over, claims finance minister
Mr Umar maintained there had been no change in his party’s policy and shared there would be no concession on the autonomy of the central bank, rather it will be institutionalized