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Total $3.5 billion released: IMF okays 7th tranche worth $501.4m
ISLAMABAD: The Executive Board of the International Monetary Fund (IMF), after completing the sixth review of Pakistan’s economic performance, has...
10% export of GDP must be 15%: Business advisory council will be formed to strengthen govt-private partnership, says Dar
KARACHI: The Federal Minister for Finance Ishaq Dar has said that a business advisory council will be formed to strengthen...
2.6 million population, one abattoir: CDA to establish slaughterhouse after EPA report
ISLAMABAD: Capital Development Authority (CDA) Chairman Maroof Afzal has assured the citizens that the authority is going to establish a...
Pak reserves stand at $16.131b, SBP’s fall by $159m to $11.067b after $51m payment to IMF
KARACHI: During the week ending March 20, Pakistan’s total liquid foreign exchange reserves stood at $16.131 billion versus $16.273bn the...
$22b deal with Qatar: First shipment of 147,000cf LNG arrives in Pakistan thru through FSRU
KARACHI: As per the government claims, the first shipment of 147,000 cubic feet of Liquefied Natural Gas (LNG), has arrived...
LSE moot on finance and industrial uplift: Share in total industry credit saw decline in 9 years
LAHORE: South Asian Studies University of Oxford Director Dr Mathew MacCartney chaired second session of Lahore School of Economic (LSE)...
Pak reserves at $16.131b against $16.273b; SBP’s fall by $159m to $11.067b from $11.226b
KARACHI: During the week ending March 20, Pakistan’s total liquid foreign exchange reserves stood at $16.131 billion versus $16.273bn the...
Cabinet body okays sale of 97pc HEC shares to Cargill Holdings for Rs905m; liabilities Rs435m, Rs250m in cash
ISLAMABAD: A cabinet body has okayed strategic sale of 97 percent shares of Heavy Electrical Complex (HEC) to Cargill Holdings...
1095 barrels/day: OGDCL makes 104th oil, gas discovery in 4 months
ISLAMABAD: The Oil & Gas Development Company Limited (OGDCL) has claimed to discover another natural oil reserves from exploratory Well...
Rs95b out of Rs110b paid: Sugar millers seek subsidy for payments to growers
LAHORE: The Punjab government has been urged to financially support the sugar millers for payment to growers and give the...
1,095 barrels of crude oil/day from a well: OGDCL claims to discover huge oil reserves in Sindh
ISLAMABAD: The Oil and Gas Development Company, in a statement, has claimed to discover a large reserve of crude oil...
Gas supply from well No 15 disrupted as 8-inch pipeline blown up in Dera Bugti
DERA BUGTI - With explosive device, an 8-inch-diameter gas pipeline was blown up by miscreants in Pir Sohri area disrupting...
Traders protest delay in completion of Rs44.21b Metro bus project, demand tax exemption
RAWALPINDI: The traders of twin cities, protesting against the delay of Rs44.21 billion Metro Bus Service project, have demanded exemption...
PSM production remains 50% of 1.1mt/annum: Ship carrying 55,000 tonnes coal arrives from Australia
KARACHI: A ship MV Trans Pacific carrying 55,000 tonnes of coal from Australia has arrived at Pakistan Steel Mills Jetty,...
Proposal to link PIA to 10 cities of China: Key companies want to prop up Pak airline, CAA
ISLAMABAD: Chinese company Sibol China Limited Managing Director Qiao Song said many leading Chinese companies want to invest in Pakistan...
SBP says Islamic Finance industry reaches $ 1.8tr in 40 years, to set up CEIFE after varsities’ proposals
KARACHI: The External Relations Department of State Bank of Pakistan has announced that the SBP will set up the Centre...
GDP growth rate will be 4.3% against 4.5% target: Sustainable policies stressed to boost economy
LAHORE: The speakers at a conference on Management of the Pakistan Economy, organised by the Lahore School of Economics, have...
As reserves climb to $11.2b from $3.2b, Moody’s affirms Pak govt’s rating at Caa1
ISLAMABAD: On the basis of strengthening external liquidity position and continued efforts toward fiscal consolidation, Moody’s Investors Service, a rating...
As reserves climb to $11.2b from $3.2b, Moody’s affirms Pak govt’s rating at Caa1
ISLAMABAD: On the basis of strengthening external liquidity position and continued efforts toward fiscal consolidation, Moody’s Investors Service, a rating...
TT charges to be 20 Riyals on $200 remittance: Dar declares new PRI scheme
KARACHI: Federal Finance Minister Ishaq Dar, while addressing an award ceremony at Karachi Stock Exchange to recognise the 25 best...
