UAE deposits $1bn to support forex reserves ISLAMABAD: Pakistan has received deposits of $1 billion from the United Arab Emirates (UAE), Finance Minister Ishaq... Updated 13 Jul, 2023 08:52am
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 Saudi deposits land just prior to key event Pakistan receives deposits of $2 billion from Saudi Arabia Updated 12 Jul, 2023 08:54am
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
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
Opinion Coal: better late than never According to a Business Recorder news item, “K-Electric (KE) has submitted a business case of conversion of unit-1... Published 07 Jul, 2023 05:24am
Opinion Unaddressed economic challenges The debate and anxiety throughout Pakistan in the aftermath of the stalled Extended Fund Facility (EFF) programme... Updated 07 Jul, 2023 05:59am
Business & Finance SBP’s reserves up KARACHI: The State Bank of Pakistan’s forex reserves further increased by $ 393 million to $4.463 billion at the... Published 07 Jul, 2023 05:24am
Print Govt debt stocks hit all-time high of Rs59trn KARACHI: The federal government’s total debt stocks rose to an all-time high level of Rs 59 trillion at the end of... Updated 06 Jul, 2023 08:35am
Editorials There’s need for forging ahead on own steam EDITORIAL: Rating agency Moody’s has warned that Pakistan’s liquidity risks remain high in spite of the... Updated 06 Jul, 2023 06:14am
Opinion Trade winds: On falling exports The export figures for the eleven months of fiscal year 2022-23 are very disappointing. We had got used to export... Published 05 Jul, 2023 06:00am
Print Liquidity risks remain high despite IMF deal: Moody’s ISLAMABAD: The government’s liquidity risks remain high despite the International Monetary Fund (IMF) staff-level... Updated 05 Jul, 2023 08:59am
Print Govt’s LoI to IMF contains 9 major assurances Pakistan assures that no new tax amnesty would be granted during the next nine months Updated 04 Jul, 2023 09:52am
Business & Finance External debt: business community leader explains enormity of challenge KARACHI: Chairman of National Business Group Pakistan and President Pakistan Businessmen and Intellectuals Forum ... Published 04 Jul, 2023 05:07am
Markets SBP-held foreign exchange reserves rise $533mn, stand at $4.07bn Increase comes on back of realisation of $300 million proceeds of government of Pakistan’s commercial loan Published 03 Jul, 2023 09:06pm
Print Construction of bonded warehouses: Policy introduced to facilitate foreign oil firms LAHORE: Minister of State for Petroleum Dr Musadik Malik said on Wednesday that government had introduced a new... Updated 29 Jun, 2023 03:21pm
Editorials Revised budget: a detailed anatomy EDITORIAL: Federal budget 2023-24 was passed by the National Assembly on Sunday without any meaningful discussion on... Published 27 Jun, 2023 06:15am
Business & Finance TMA underscores need for banning import of non-essential items KARACHI: The senior vice chairman of the Towel Manufacturers Association of Pakistan has expressed severe concern... Published 27 Jun, 2023 06:15am
Print Expert speaks about PKR’s real effective exchange rate ISLAMABAD: Pakistan Real Effective Exchange Rate (REER) could have been Rs322 by the end of June 2023 as most... Updated 26 Jun, 2023 09:15am
Markets India’s forex reserves rise to $596.10bn in week to June 16 BENGALURU: India’s foreign exchange reserves rose to $596.10 billion as of June 16, the Reserve Bank of India’s... Published 23 Jun, 2023 07:33pm
Business & Finance PM briefs IMF chief, hopes for release of stalled funds PARIS: Prime Minister Shehbaz Sharif on Thursday briefed International Monetary Fund’s managing director Kristalina... Published 23 Jun, 2023 06:00am
Print Pakistan receives another $300m from China KARACHI: The country’s total liquid foreign exchange reserves fell by $515 million during the last week, mainly due... Updated 23 Jun, 2023 08:55am
Markets SBP-held foreign exchange reserves fall $482mn, stand at $3.54bn Receipts of $300mn from China to be reflected in next week’s data, says central bank Published 22 Jun, 2023 08:16pm
Opinion Managing energy imports to save forex reserves Pakistan relies on imports for 49 percent of its primary energy supplies, which strains its already limited foreign... Updated 22 Jun, 2023 06:12am
Print Reserves, IMF term: $1bn Chinese loan received KARACHI: Pakistan on Friday night received $1 billion inflows from China as loan to build the depleting foreign... Updated 17 Jun, 2023 08:58am
Markets Pakistan receives $1bn from China: SBP Inflow is the same amount paid back to China earlier Updated 16 Jun, 2023 11:25pm
Business & Finance Forex reserves up $107m to $4.019bn KARACHI: The State Bank of Pakistan’s foreign exchange reserves increased by $ 107 million during the last week.... Published 16 Jun, 2023 07:13am
Business & Finance Multilateral debt country’s biggest problem: Pasha ISLAMABAD: Former Finance Minister Dr Hafiz Pasha Thursday said Pakistan’s foreign exchange reserves are 16 ... Published 16 Jun, 2023 07:08am
Print Moody’s disputes govt’s growth assumption Says Government of Pakistan’s budget lacks major revenue-raising or spending-containment measures to alleviate intense government liquidity pressures Updated 16 Jun, 2023 08:54am
Print Dar says IMF still procrastinating ISLAMABAD: Finance Minister Ishaq Dar Thursday stated that the “International Monetary Fund (IMF) or no-IMF,... Updated 16 Jun, 2023 08:56am