Rethinking natural gas allocation and pricing: Challenges and path to sustainable solutions The allocation and pricing of natural gas have been contentious issues in Pakistan, with the government historically... Updated 24 Aug, 2023 06:53am
Print Govt required to keep SOEs under MoF oversight: IMF KARACHI: The International Monetary Fund’s (IMF) representative in Pakistan on Wednesday said that the reform... Updated 24 Aug, 2023 09:49am
Editorials The state of the economy EDITORIAL: Contractionary fiscal and monetary policies agreed with the International Monetary Fund (IMF) under the... Updated 24 Aug, 2023 06:44am
Markets Inter-bank market: rupee settles at new low against US dollar Currency depreciates 0.21% to close at 299.64 against US dollar in inter-bank Updated 23 Aug, 2023 07:48pm
Print Inflows improved in July: IMF SBA gives comfort level to multilaterals, bilaterals: MEA officials ISLAMABAD: The staff level agreement on the Stand-By Arrangement (SBA) with the International Monetary Fund (IMF)... Updated 23 Aug, 2023 10:17am
Print Govt collects Rs75bn PL in July ISLAMABAD: The government collected Rs 75 billion in July 2023 on account of petroleum levy (PL), a key source of... Updated 22 Aug, 2023 08:56am
Print Jul-Mar FY23: New loan pacts worth $7.228bn signed with development partners: EAD ISLAMABAD: A prudent external debt management strategy coupled with strong institutional arrangements is necessary... Updated 22 Aug, 2023 09:27am
Print $2.89bn borrowed from multiple financing sources in July ISLAMABAD: The country borrowed $2.890 billion from multiple financing sources during the first month (July) of the... Updated 22 Aug, 2023 09:12am
Print Power sector grabs finance minister’s immediate attention Caretaker Finance Minister Shamshad Akhtar visits Federal Board of Revenue to review progress so far on implementation of $3 billion Stand-by-Arrangement of the International Monetary Fund Updated 22 Aug, 2023 10:06am
Editorials The govt debt EDITORIAL: State Bank of Pakistan (SBP) has uploaded government debt figures on its website that support the view of... Updated 22 Aug, 2023 06:48am
Markets Rupee remains under pressure, settles at 297.13 against US dollar Currency depreciates 0.45% in inter-bank market, is nearing all-time historic low Updated 21 Aug, 2023 09:51pm
Opinion Caretakers must ensure fiscal discipline The last official document on the state of the economy prior to the end of the tenure of the eleven-party coalition... Published 21 Aug, 2023 06:43am
Opinion New tenants in ‘Block Q’ neighbourhood The macro numbers are not showing a good picture. Inflation is creeping up again. The current account posted a... Updated 21 Aug, 2023 07:53am
Print FPCCI’s BMP says concerned at rupee slide LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s (FPCCI) Businessmen Panel (BMP) has said... Updated 21 Aug, 2023 09:33am
Editorials Continuity of policies EDITORIAL: Caretaker Prime Minister Anwaarul Haq Kakar has pledged to continue the economic policies of the outgoing... Published 21 Aug, 2023 06:43am
Editorials Ominous start to new (fiscal) year EDITORIAL: A 19.3 percent year-on-year drop in remittances in July isn’t exactly how the outgoing government... Published 19 Aug, 2023 06:46am
Pakistan For Pakistan’s consumers and industries, economic woes are far from over Pakistan’s last-minute deal with the International Monetary Fund (IMF) has given Islamabad some breathing room as... Published 18 Aug, 2023 05:56pm
Business & Finance Pak Suzuki announces another motorcycle plant shutdown Cites shortage of inventory level as reason Updated 18 Aug, 2023 07:37pm
Markets Rupee back to losing ways, settles at 295.78 against US dollar Currency depreciates 0.29% in inter-bank market Updated 18 Aug, 2023 08:07pm
Opinion Economy needs stimulus The economy is headed towards a deep recession. Only a well-targeted fiscal stimulus can avert the incoming crisis.... Published 18 Aug, 2023 06:13am
Opinion Pakistan & Argentina: two economic scenarios “On July 28, the Argentine authorities and IMF staff reached a staff-level agreement on the combined fifth and sixth... Updated 18 Aug, 2023 06:17am
Opinion Economic policy by the interim govt Given Pakistan is facing very difficult economic challenge, mainly in the shape of bringing debt sustainability, on... Updated 18 Aug, 2023 06:22am
Markets Rupee stable against dollar at 294.92 in inter-bank market Currency improves Re0.01 on Thursday Updated 17 Aug, 2023 08:41pm
Pakistan Pakistan’s caretaker finance minister Dr Shamshad Akhtar: a brief profile Seasoned economist Dr Shamshad Akhtar has been appointed as the caretaker finance minister on Wednesday following... Updated 16 Aug, 2023 09:35pm
Print High interest rates, power tariffs, costly raw materials: Textile sector will continue to face economic headwinds: APTMA ISLAMABAD: The textile sector will continue to experience economic headwinds related to high interest rates,... Updated 16 Aug, 2023 10:42am
Markets Rupee falls to 291.5 against US dollar, its weakest closing in inter-bank market since May 11 Local currency sees depreciation of over 1% on Tuesday as caretaker govt takes over affairs of the country Updated 15 Aug, 2023 08:08pm
Opinion Mixed start of FY2023-24 The current financial year, 2023-24, started on a very positive note. The talks with the IMF (International Monetary... Published 15 Aug, 2023 06:49am
Opinion Gas: No more window dressing, please Reportedly, the plan to reduce the gas circular debt has been shared with the IMF. It has two components – one is... Updated 15 Aug, 2023 06:57am
Editorials Mere legislation does not mean reform EDITORIAL: Yesterday marked the country’s seventy-seventh Independence Day. While the honour to hoist the flag on... Published 15 Aug, 2023 06:30am
Print Global conditions contributed to higher inflation in Pakistan: SBP KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmad has said that global economic conditions have largely... Updated 15 Aug, 2023 10:02am