Road blockades cost kitty Rs100bn-150bn per day: economists ISLAMABAD: The estimated loss to the national economy is around Rs100-150 billion per day on account of country-wide... Published 26 May, 2022 05:26am
Business & Finance FPCCI urges govt to take steps aimed at arresting rupee slide LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Monday has urged the government to... Published 24 May, 2022 06:43am
Business & Finance Experts react as SBP jacks up key interest rate Action on the fiscal side by the government would decide future course Published 23 May, 2022 05:57pm
Business & Finance SBP raises key interest rate by 150 basis points, takes it to 13.75% This is the highest interest-rate level in 11 years SBP says external pressures remain elevated and inflation outlook has deteriorated due to both home-grown and international factors Updated 23 May, 2022 09:48pm
Pakistan IMF talks: Pakistan to seek 'break' on rates of petroleum product, says Miftah Prior to departure to Doha, finance minister expresses hope of loan-rollover by Saudi Arabia and UAE Updated 23 May, 2022 03:32pm
Opinion ‘Country needs fresh elections’ This is apropos a letter to the Editor titled ‘Country needs fresh elections’ carried by the newspaper ... Published 23 May, 2022 06:15am
Editorials Import compression EDITORIAL: The economy was and is still feared to get into a tailspin due to government’s inaction on crucial... Published 23 May, 2022 06:15am
Pakistan Economy can be saved only through increase in exports, says CS KARACHI: Sindh Chief Secretary Dr Sohail Rajput has said that discussion is under way with the federal government on... Published 22 May, 2022 06:03am
Business & Finance ‘Political, economic instability destroying economy’ KARACHI: Chairman of National Business Group Pakistan and president Pakistan Businessmen and Intellectuals Forum... Published 22 May, 2022 06:03am
Print Govt seeks more SDRs from IMF to propel economy Minister for Finance Miftah Ismail holds virtual meeting with IMF Mission Chief Nathan Porter Updated 19 May, 2022 10:32am
Business & Finance Pakistan, IMF begin crucial talks in Doha as economy stumbles Will discuss revival of stalled $6 billion Extended Fund Facility (EFF) programme Updated 18 May, 2022 02:17pm
Business & Finance Currency's collapse continues: Rupee closes at 198.39 in inter-bank market, crosses 200 in open Cumulative fall in inter-bank market hits 11% in less than 5 months Updated 18 May, 2022 05:55pm
Business & Finance IMF programme resumption only way for economic stability: Pakistan Business Council Warns inaction will entail serious consequences bordering those in Sri Lanka Updated 17 May, 2022 09:05pm
Pakistan PM Shehbaz meets Nawaz Sharif in London as economy stutters Meeting comes as Pakistan's new govt faces the daunting task of managing a stuttering economy with huge deficits Updated 11 May, 2022 10:37pm
Business & Finance Pakistan, World Bank agree to accelerate pace of reforms Both sides consider fiscal and macroeconomic reforms important to achieve higher economic growth Updated 11 May, 2022 07:16pm
Pakistan PM Shehbaz set to meet Nawaz Sharif, Ishaq Dar in London as economy stutters Visit comes amid reports that the premier is set to have consultations with his brother and the political party's finance czar on the country's economic situation Updated 10 May, 2022 07:08pm
Business & Finance Economy cannot sustain current level of trade deficit: FPCCI KARACHI: President FPCCI, Irfan Iqbal Sheikh said that the economy cannot sustain the current level of trade ... Published 10 May, 2022 06:20am
Business & Finance World Bank assures govt of support on implementation of future projects ISLAMABAD: The World Bank Regional Vice President for South Asia, Hartwig Schafer on Monday held a meeting with... Published 10 May, 2022 05:51am
Business & Finance Rising imports a challenge for dollar-hungry Pakistan, says expert Dr Ashfaque Hasan Khan urges government to cut import of non-essential goods Updated 07 May, 2022 05:00pm
Opinion There’s no light at the end of the tunnel One of the global lenders, Asian Development Bank has said that continued efforts toward fiscal consolidation and... Published 07 May, 2022 05:46am
Pakistan Govt striving to improve country’s economy: Hamza LAHORE: Punjab Chief Minister Hamza Shehbaz has said the government is wholeheartedly working to improve the... Published 06 May, 2022 06:03am
Business & Finance Miftah Ismail slams PTI's economic policies, hints at targeted fuel subsidy Finance minister says no final decision on raising prices of petroleum products, but says wealthy could be asked to make 'contribution' Updated 05 May, 2022 09:24pm
Pakistan Govt, allies to work together to resolve Pakistan's economic issues: PM Shehbaz PM says government aware of the country's economic difficulties Updated 04 May, 2022 10:23am
Pakistan Pakistan, Saudi Arabia to discuss augmenting kingdom's $3 billion deposit Discussions involve exploring options to further enhance financing of petroleum products Updated 01 May, 2022 07:23pm
Opinion They elect to play the blame game It has become a practice for every incoming government to start its tenure by harping the narrative that “All bad... Published 30 Apr, 2022 05:53am
Opinion Indigenous coal crucial to country’s energy security Pakistan must pursue its indigenous coal objective for its long-term strategic energy security. The utilisation of... Published 30 Apr, 2022 05:53am
Pakistan MoF’s monthly outlook: High inflation could dampen Pakistan's growth prospects Ministry says supply chain issues and surging international commodity prices are driving both international and domestic inflation Updated 29 Apr, 2022 05:30pm
Opinion Tentative start The new government has undoubtedly inherited a turbulent economy. The woes are not due only to political ... Updated 29 Apr, 2022 01:41pm
Business & Finance PM Shehbaz constitutes 21-member Economic Advisory Council Will convene on a weekly basis Updated 28 Apr, 2022 08:20pm
Business & Finance Experts predict hike in inflation as Pakistan agrees to roll back fuel subsidy Inflation could rise from 12% to over 15%, says analyst, as Islamabad looks to revive IMF programme Updated 26 Apr, 2022 06:07pm