Business

Report highlights steps needed to control bulging public debt ISLAMABAD: The International Monetary Fund (IMF) has projected a steep fiscal adjustment of over Rs1.7 trillion in the next two fiscal years aimed at containing a highly…
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ECC sends package to federal cabinet for final endorsement ISLAMABAD: The federal government on Wednesday approved Rs457 billion worth restructuring plan for Pakistan International Airlines to make the national flag carrier…
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World Bank report reveals unemployment, poverty have increased due to pandemic ISLAMABAD: Economic activity in Pakistan will remain dampened in the short term due to the revival of International Monetary Fund (IMF) loan programme while…
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ISLAMABAD: Federal Finance Minister Hammad Azhar announced Wednesday the government's decision to decrease the prices of petrol and diesel. "This decision is not related to the ECC but the first decision we have taken, after…
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ISLAMABAD: Federal Finance Minister Hammad Azhar announced Wednesday the government's decision to decrease the prices of petrol and diesel. "This decision is not related to the ECC but the first decision we have taken, after…
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ISLAMABAD: Pakistani banker and former finance minister Shaukat Tareen is likely to be made Prime Minister Imran Khan's aide on finance and revenue, sources informed Geo News on Wednesday. According to the sources, Tareen —…
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KARACHI: Pakistani rupee strengthened by 74 paisas against the United States (US) dollar at the start of today’s trading in the inter-bank currency market, reported COUNTRY News. According to foreign currency dealers, the local unit…
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Investors pour money in T-bills and PIBs amid rising rate of profit, rupee stability KARACHI: Foreigners are once again seen gradually increasing investments in the government debt securities like T-bills and Pakistan Investment Bonds…
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A single tola of 24-karat gold in Pakistan is being sold for Rs107,150 on Tuesday.10 grams of 24k gold is being traded at Rs91,864.10 grams of 22k gold was sold for Rs84,208. KARACHI: A single tola of 24-karat gold in Pakistan was…
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The buying rate of the US dollar was 156.7, while it was sold at 157.3 on Tuesday.Dealers say the local unit managed to register nominal gains due to thin dollar demand from importers and corporates for payments.Exporters started forward…
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