Payment made in Chinese currency: govt ISLAMABAD: Pakistan paid for its first government-to-government import of discounted Russian crude in Chinese... Published 13 Jun, 2023 06:00am
Markets Back-to-back falls: rupee settles at 287.63 against US dollar Currency depreciates 0.24% in inter-bank market Updated 12 Jun, 2023 07:37pm
Opinion Budget: Will money come as budgeted? The key question from an economic perspective is not whether the budget 2023-24 is pro-poor, pro-business,... Updated 12 Jun, 2023 07:06am
Print External public debt recorded at $85.2bn by March-end ISLAMABAD: External public debt was recorded at $85.2 billion at the end of March 2023, revealing a decrease of... Updated 09 Jun, 2023 08:59am
Markets Alarming: SBP-held foreign exchange reserves fall another $179mn, now stand at $3.91bn Fall comes due to external debt repayments Updated 08 Jun, 2023 11:50pm
Print Economic Survey 2022-23 to be unveiled today: PDM govt fails to meet even a single target The country’s Gross Domestic Product has missed all annual targets due to variety of reasons including lingering political uncertainty Updated 08 Jun, 2023 09:30am
Print World Bank revises Pakistan’s GDP growth downward to 0.4pc Projects GDP growth rate at 2pc for next fiscal year of 2023-24 Updated 07 Jun, 2023 10:30am
Markets Pakistan’s textile exports plunge 20% in May: APTMA Exports clock in at $1.31 billion, compared to $1.64 billion in same month of 2022 Updated 03 Jun, 2023 10:22pm
Print Afghanistan, Iran, Russia: Country outlines process for barter trade Govt tries to manage balance of payments crisis amid record inflation Updated 03 Jun, 2023 09:14am
Editorials Pro-growth budget EDITORIAL: Senate Standing Committee on Finance and Revenue, which was chaired by Salim Mandviwalla, reviewed... Published 30 May, 2023 03:37am
Business & Finance Forex reserves down $206m KARACHI: The country’s total liquid foreign exchange reserves declined by another $206 million during the last week.... Updated 26 May, 2023 08:54am
Opinion GDP estimates: fudging under way? The economic recession in Pakistan is getting worse. GDP contraction is happening at a much faster pace than was... Published 22 May, 2023 06:23am
Print Slow growth, rising inflation: SBP projects a double whammy for country Says demand management measures and floods in 2022 have weighed heavily on the country’s growth outlook for FY23 Updated 20 May, 2023 07:23pm
Markets 3rd successive decline: rupee settles at 285.82 against US dollar Depreciates 0.07% in inter-bank market on Friday Updated 19 May, 2023 07:04pm
Opinion A mission-oriented Budget Never before in 75-year history of the country has Annual Budget been so important. Now that Pakistan has struggled... Published 19 May, 2023 06:17am
Business & Finance Expert throws light on BoP woes KARACHI: Going through the ‘balance sheet’ of Pakistan, historicallty speaking it is an insolvent country with... Published 15 May, 2023 06:41am
Opinion Govt on course to wind things up A politician looks up to the next election while a statesman’s vision extends beyond the welfare of the next two... Updated 13 May, 2023 06:25am
Business & Finance Forex reserves fall $53m KARACHI: The country’s total liquid foreign exchange reserves slightly fell by $ 53 million during last week.... Published 12 May, 2023 05:59am
Markets SBP-held forex reserves fall $74mn, now stand at $4.38bn Decrease comes on account of external debt repayment Published 11 May, 2023 07:38pm
Business & Finance Pakistan could default without IMF bailout programme: Moody’s LAHORE: Pakistan could face default without an International Monetary Fund (IMF) bailout programme as the country is... Published 10 May, 2023 06:03am
Business & Finance Forex reserves up $19m KARACHI: The country’s total liquid foreign exchange reserves rose by $19 million during last week. According to... Published 05 May, 2023 06:44am
Editorials Trade deficit down, inflation up EDITORIAL: Pakistan Bureau of Statistics (PBS) noted a narrowing of the trade deficit to 23.71 billion dollars... Published 04 May, 2023 04:26am
Print Pakistan all set to get discounted Russian oil ISLAMABAD: Prime Minister Shehbaz Sharif said on Thursday that everything was set for his country to receive a... Updated 28 Apr, 2023 08:54am
Business & Finance Forex reserves cross $10bn mark KARACHI: The country’s total liquid foreign exchange reserves crossed the $ 10 billion mark at the end of last... Published 28 Apr, 2023 06:08am
Opinion The grim challenge of import addiction We are addicted to foreign goods. As a child I remember hankering for foreign chocolates and toffees, as an adult I... Updated 27 Apr, 2023 07:06am
Business & Finance Chief of SAARC chamber appeals to IMF to revive programme immediately LAHORE: Along with the government, the leadership of the private sector has also come to the fore regarding the IMF... Published 27 Apr, 2023 06:24am
Opinion Issues multiply on stalled IMF bailout The stand-off between the federal government and the Supreme Court of Pakistan is not going unnoticed in... Published 25 Apr, 2023 06:25am
Business & Finance Forex reserves up by $400m KARACHI: The country’s total liquid foreign exchange reserves rose by $ 400 million during the last week due to... Updated 21 Apr, 2023 08:52am
Markets On back of another loan, SBP-held forex reserves rise $394mn, now stand at $4.43bn Increase comes due to receipt of $300mn commercial loan from ICBC Published 20 Apr, 2023 05:35pm
Editorials The LSMI slide EDITORIAL: Large Scale Manufacturing Industries (LSMI) output suffered yet another hit in February 2023 against... Published 19 Apr, 2023 06:36am