IDB president vows to continue extending support to Pakistan ISLAMABAD: Islamic Development Bank (IDB) President Dr Sulaiman Al Jasser on Thursday assured Prime Minister Shehbaz... Published 14 Jul, 2023 06:22am
Opinion Tax targets versus tax gap—I “…the FBR’s revenue target has been increased to Rs 9,415 billion, requiring a 31% increase over collection of... Updated 14 Jul, 2023 06:47am
Opinion Setting the record straight In FY23, textile exports plunged by $2.8 billion (15% decline) compared to FY22, derailing positive developments... Updated 13 Jul, 2023 05:25am
Business & Finance Ruling coalition: business community leader says concerned at growing differences KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, Mian... Published 13 Jul, 2023 04:50am
Editorials Import payments and dollar reserves EDITORIAL: The secretary, Ministry of Industries and Production, while testifying before the relevant Senate ... Updated 13 Jul, 2023 05:11am
Print Expectedly, IMF board approves $3bn 9-mth SBA The Board’s approval allows for immediate disbursement of about US$1.2 billion Updated 13 Jul, 2023 10:05am
Print Investments: PM directs finance managers to frame modalities ISLAMABAD: Prime Minister Shehbaz Sharif has directed Finance Minister Ishaq Dar and Finance Secretary Imdad Ullah... Updated 13 Jul, 2023 09:30am
Pakistan US says welcomes deal WASHINGTON: The United States of America has welcomed the staff-level agreement between Pakistan and the... Published 13 Jul, 2023 04:50am
Pakistan ‘Govt accepts IMF programme with heavy heart’: PM inaugurates first phase of Fata varsity in Peshawar PESHAWAR: In a somber acknowledgment of the prevailing economic hardships, Prime Minister Shehbaz Sharif said on... Published 12 Jul, 2023 06:39am
Print Saudi deposits land just prior to key event Pakistan receives deposits of $2 billion from Saudi Arabia Updated 12 Jul, 2023 08:54am
Print IMF Board scheduled to consider $3bn SBA today IMF, according to media reports, has reportedly accepted $8.2 billion financing gap plan presented by the Ministry of Finance Updated 12 Jul, 2023 10:13am
Print $5bn Chashma-5 N-plant to produce power at Rs20 per unit: Country has swallowed a bitter pill? ISLAMABAD: The dollar-deficient Pakistan is said to have accepted a bitter pill of $ 5 billion Chashma-5 (C-5)... Updated 12 Jul, 2023 08:50am
Print Inward flows of dollars to create breathing space: ministry ISLAMABAD: The Ministry of Industries and Production (MoI&P) Tuesday said it is still clueless about lifting of... Updated 12 Jul, 2023 08:51am
Opinion The ebb of external inflows The Ministry of Economic Affairs has released the statement of May 2023 on Disbursement of Foreign Economic... Updated 11 Jul, 2023 06:37am
Business & Finance ‘Pakistan needs to adopt global approach towards building startups’ ISLAMABAD: Pakistan needs to adopt a global approach towards building startups and training founders in the global... Published 11 Jul, 2023 06:08am
Print Sufficient inflows of USD mandatory: Relaxation on retiring of LCs not ‘unrestrained’: official Information shared by Ministry of Industries and Production (MoI&P) informally with National Assembly Standing Committee on Industries and Production Updated 11 Jul, 2023 09:06am
Print Fitch upgrades rating on improved external liquidity ISLAMABAD: Fitch Ratings has upgraded Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to “CCC”... Updated 11 Jul, 2023 09:02am
Editorials IMF’s approach is a bit out of the ordinary EDITORIAL: The much hyped attempt by the International Monetary Fund (IMF) team to seek a consensus on the ... Published 11 Jul, 2023 06:08am
Opinion ‘Special Investment Facilitation Council’ – the way forward—I There is a dire need for a big rethink for the State of Pakistan to attract sustainable foreign direct investment... Published 10 Jul, 2023 06:52am
Opinion Retrospective tax on windfall income discourages corporatization—II Whereas, if we compare the Indian windfall tax/duty to the Pakistani windfall tax, it is clear that Section 99D is... Published 10 Jul, 2023 06:52am
Opinion Call a spade a spade The refrain from the Prime Minister’s office prior to 23 June 2023 that all International Monetary Fund (IMF)... Updated 10 Jul, 2023 07:31am
Opinion TERF: We’re always on home turf when it comes to criticism! TERF (temporary economic refinance facility) was a hot topic last week. The scheme was offered at the time of Covid... Updated 10 Jul, 2023 07:32am
Business & Finance Ishaq Dar appreciates businessmen for cooperation amid economic challenges Says government measures will lead to economic revival Published 08 Jul, 2023 10:51pm
Opinion ‘Charter of economy’ - an exercise in futility Calls for delineating a ‘charter of economy’ have become a trend in Pakistan. The leaderships of almost all... Published 08 Jul, 2023 06:20am
Print Key objectives under new programme: To govt’s chagrin, IMF team calls on PTI chairman ISLAMABAD/ LAHORE: The International Monetary Fund (IMF) has approached major political parties in Pakistan,... Updated 08 Jul, 2023 08:56am
Print CPEC IPPs: Finance Division asks PD to adjust Rs20.726bn as advance payment Finance Division has once again advised that Power Division may adjust the advance payments to CPEC-IPPs against next five months of FY 2023-24 Updated 08 Jul, 2023 05:15pm
Editorials ‘Reliable, consistent’ tax regime EDITORIAL: Tax reforms, rather the need for them, is (understandably) all the rage these days, considering the... Published 08 Jul, 2023 06:20am
Print Productivity, export and debt: SBP asks govt to exercise greater prudence Assessment of macroeconomic dynamics reveals a number of challenges for the banking sector and the repayment capacity of borrowers may come under stress Updated 08 Jul, 2023 05:14pm
Editorials Caution from Basle EDITORIAL: The Bank for International Settlements (BIS), the global umbrella body for central banks, sure poured ... Updated 08 Jul, 2023 06:58am
Business & Finance Pak Suzuki extends automobile, motorcycle plant shutdown till July 19 Pak Suzuki Motor Company (PSMC) has decided to extend the shutdown of its automobile and motorcycle plant till July... Updated 07 Jul, 2023 08:34pm