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Coronavirus
VERY HIGH Source: covid.gov.pk
Pakistan Deaths
27,524
4224hr
Pakistan Cases
1,236,888
2,06024hr
4.58% positivity
Sindh
454,510
Punjab
427,583
Balochistan
32,837
Islamabad
104,913
KPK
172,766

Zaheer Abbasi

Print

Four percent GDP growth target for FY20 approved by NEC

The National Economic Council (NEC) has approved 4 percent GDP growth and development outlay of Rs 1.837 billion for the next fiscal year with Rs 925 billion federal component and provincial component of Rs 912 billion. A meeting of the NEC chaired by Pri
Published 30 May, 2019 12:00am
Markets

NEC all set to approve 4 percent growth rate

The National Economic Council (NEC) is all set to approve today (Wedne-sday) 4 percent GDP growth rate for the next fiscal year, subject to favourable weather conditions, managing current account deficit, consistent economic policies and aligned monetary
Published 29 May, 2019 12:00am
Markets

NEC all set to approve 4 percent growth rate

The National Economic Council (NEC) is all set to approve today (Wedne-sday) 4 percent GDP growth rate for the next fiscal year, subject to favourable weather conditions, managing current account deficit, consistent economic policies and aligned monetary
Published 29 May, 2019 12:00am
Markets

NEC all set to approve 4 percent growth rate

The National Economic Council (NEC) is all set to approve today (Wedne-sday) 4 percent GDP growth rate for the next fiscal year, subject to favourable weather conditions, managing current account deficit, consistent economic policies and aligned monetary
Published 29 May, 2019 12:00am
Markets

Cotton crop production registers 17.4 percent fall

Cotton crop has registered a fall of 17.4 percent in its production and consequently it contributed in decline of agriculture sector's growth to 0.8 percent against the target of 3.8 percent for the current fiscal year. Sources said that a meeting of the
Published 25 May, 2019 12:00am
Print

Umar-led body to take briefing on IMF bailout, FATF challenge

After being elected as chairman, Asad Umar has convened the meeting of the National Assembly Finance Committee on May 22 to take briefing from the Finance Division on agreement signed with the International Monetary Fund (IMF) and update on Financial Acti
Published 14 May, 2019 12:00am
Print

Umar-led body to take briefing on IMF bailout, FATF challenge

After being elected as chairman, Asad Umar has convened the meeting of the National Assembly Finance Committee on May 22 to take briefing from the Finance Division on agreement signed with the International Monetary Fund (IMF) and update on Financial Acti
Published 14 May, 2019 12:00am
Print

Umar-led body to take briefing on IMF bailout, FATF challenge

After being elected as chairman, Asad Umar has convened the meeting of the National Assembly Finance Committee on May 22 to take briefing from the Finance Division on agreement signed with the International Monetary Fund (IMF) and update on Financial Acti
Published 14 May, 2019 12:00am
Print

$6 billion IMF deal reached

Advisor to Prime Minister on Finance Dr Abdul Hafeez Shaikh said on Sunday that a staff-level agreement has been reached with the International Monetary Fund (IMF) on a 39-month Extended Fund Facility (EFF) programme of $6 billion.
Published 13 May, 2019 12:00am
Print

$6 billion IMF deal reached

Advisor to Prime Minister on Finance Dr Abdul Hafeez Shaikh said on Sunday that a staff-level agreement has been reached with the International Monetary Fund (IMF) on a 39-month Extended Fund Facility (EFF) programme of $6 billion.
Published 13 May, 2019 12:00am
Print

$6 billion IMF deal reached

Advisor to Prime Minister on Finance Dr Abdul Hafeez Shaikh said on Sunday that a staff-level agreement has been reached with the International Monetary Fund (IMF) on a 39-month Extended Fund Facility (EFF) programme of $6 billion.
Published 13 May, 2019 12:00am
Print

Government, IMF still struggle to reach deal

Confusion prevailed in the federal capital about the fate of talks - April 29 to May 10 - between International Monetary Fund (IMF) and Finance Ministry on a new bailout package on Friday - the last day of Fund team's scheduled stay in Pakistan.
Published 11 May, 2019 12:00am
Print

Government, IMF still struggle to reach deal

Confusion prevailed in the federal capital about the fate of talks - April 29 to May 10 - between International Monetary Fund (IMF) and Finance Ministry on a new bailout package on Friday - the last day of Fund team''s scheduled stay in Pakistan.
Published 11 May, 2019 12:00am
Print

Government, IMF still struggle to reach deal

Confusion prevailed in the federal capital about the fate of talks - April 29 to May 10 - between International Monetary Fund (IMF) and Finance Ministry on a new bailout package on Friday - the last day of Fund team's scheduled stay in Pakistan.
Published 11 May, 2019 12:00am
Print

Government borrows Rs 3.65 trillion in eight months

The present government has borrowed Rs 3,653 billion unprecedentedly during the first eight months of the current fiscal year while depreciation of exchange rate impact added Rs 1,421 billion to the public debt. This was revealed by a senior official of D
Published 10 May, 2019 12:00am