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IMF sees Rs1.7tr fiscal adjustment
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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Govt approves Rs457b PIA restructuring plan
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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‘IMF plans to dampen economy’
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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Govt will reduce petrol and diesel prices, says Finance Minister Hammad Azhar
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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Govt will reduce petrol and diesel prices, says Finance Minister Hammad Azhar
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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Shaukat Tareen likely to be made PM Imran Khan’s aide on finance: sources
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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US dollar falls below Rs154 against rupee
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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Foreign inflows in securities surge
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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Gold rates in Pakistan on March 16 remain unchanged
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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US dollar rates in Pakistan on March 16
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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