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Economy
How worst is Pakistan’s economic mess?
What makes life more tangled for the ruling alliance is Pakistan's fragile economic situation.
He met the terms of the International Monetary Fund (IMF) to restart a $7.2 billion aid package that allowed him to end steep fuel price…
The Sri Lankan president has asked Russian president Vladimir…
Sri Lanka's president says he has asked Russian president Vladimir Putin to help fuel his bankrupted country, which is facing its worst economic crisis since independence in 1948.
Gotabaya Rajapaksa said he had "very fruitful" talks with…
Oil price cut to eat up Rs28 billion
Govt will bear this burden for keeping petroleum prices unchanged for a fortnight
ISLAMABAD:
The government is going to pay a heavy sum of Rs28 billion to keep petroleum product prices at current levels for a fortnight amid swelling…
Gold price drops by Rs200 per tola despite depreciation in rupee
Gold price drops by Rs200 per tola to reach Rs130,550.Bullion rates in Pakistan are around Rs6,000 below cost.Silver prices in the domestic market remain unchanged.
KARACHI: Gold price in Pakistan dropped by Rs200 per tola in…
Pakistan does not have a ‘Chinese debt problem’, says…
Asad Umar says CPEC is transparent, details available with parliament, IMF
Federal Planning Minister Asad Umar on Wednesday addressed concerns over loans Islamabad has received from Beijing under the China-Pakistan Economic Corridor…
FBR takes over appeals processFBR takes over appeals process
Directs all commissioners to report to heads of regional and large tax offices
ISLAMABAD:
Amid a sharp rise in tax disputes that has put a question mark on Rs3 trillion potential revenues, the Federal Board of Revenue (FBR) has…
Pakistan to seek individual trade deals with Saudi, UAE, Oman:…
Pakistan will pursue individual trade deals with Saudi Arabia, the United Arab Emirates (UAE) and Oman, Adviser to the Prime Minister on Commerce Razak Dawood said.
The Gulf Cooperation Council (GCC), which includes the mentioned…
Economic sanctions on Afghanistan must end: Chinese FM
BEIJING:
China's State Councillor and Foreign Minister Wang Yi said the various unilateral sanctions or restrictions on Afghanistan should be lifted as soon as possible.
Economic sanctions on Afghanistan must end, the Chinese…
Govt moves to ‘cool down’ an ‘over heating’ economy
Finance Minister Shaukat Tarin announced on Wednesday to take restrictive measures to “cool down” an “over heating” economy, marking the beginning of reversal of expansionary fiscal policies after external sector vulnerabilities exposed…