APCC approves Rs1221bn federal PSDP ISLAMABAD: The Annual Plan Coordination Committee (APCC) has approved Rs1,221 billion federal PSDP for the next... Updated 01 Jun, 2024 08:30am
Markets Reversal in stance: SBP might opt for rate cut in upcoming MPC meeting, brokerage house says The State Bank of Pakistan (SBP), scheduled to announce the key policy rate on June 10 (Monday), might opt for... Updated 31 May, 2024 11:40pm
Markets Saudi Aramco completes acquisition of 40% stake in GO Pakistan Acquisition represents energy giant first downstream retail investment in Pakistan, says company Updated 31 May, 2024 08:28pm
Pakistan Pakistan’s FY25 budget to be presented on June 10, sources say ISLAMABAD: Pakistan will present the financial year 2024/25 annual budget on June 10, two government sources said on... Updated 31 May, 2024 11:18pm
Business & Finance Govt determined to promote investment: governor LAHORE: Governor Punjab Sardar Saleem Haider Khan has said that the government was determined to promote investment... Published 30 May, 2024 06:19am
Markets Ministry of Finance expects inflation to fall further to 13.5-14.5% in May Govt's commitment to curbing inflation through stringent administrative measures paints a promising picture for the inflation outlook Updated 29 May, 2024 10:26pm
Opinion Auto industry Pakistan’s automobile industry is stunted and dysfunctional. Customers must “book” a vehicle and wait upwards of... Published 29 May, 2024 06:05am
Opinion SIFC—a better role The SIFC was created with a mandate to facilitate much-needed investments from foreign public and private entities... Published 29 May, 2024 06:05am
Editorials A bleak investment outlook EDITORIAL: In a much-needed fillip for Pakistan’s floundering investment landscape, Prime Minister Shehbaz Sharif’s... Published 29 May, 2024 06:05am
Opinion Budget 2024-25: expectations A budget is not merely a document of aggregated information on revenues, capital, and external receipts and on the... Published 28 May, 2024 05:30am
Opinion Big financing risks The IMF Staff Mission has left Pakistan after a series of meetings on the next Fund Programme in the form of an... Updated 28 May, 2024 05:54am
Editorials Phenomenal rise in domestic borrowing EDITORIAL: The government borrowed up to 77 percent domestically to finance its fiscal deficit in the first six... Updated 28 May, 2024 05:52am
Pakistan US ambassador Blome reiterates support for Pakistan’s economic reform agenda Emphasises that United States remains Pakistan’s largest export market Updated 27 May, 2024 10:23pm
Opinion Budget projections for FY25 There is overwhelming evidence that approval of the budget for next fiscal year, reportedly to be presented to... Updated 27 May, 2024 06:33am
Opinion The long and winding road to revitalising investment Pakistan’s investment-to-GDP ratio is at its lowest in fifty years, despite promises of tens of billions in ... Updated 27 May, 2024 06:54am
Business & Finance Positive signs indicate economic turnaround: Musadik ISLAMABAD: Minister for Petroleum Musadik Malik said on Sunday that both internal and external economic indicators... Published 27 May, 2024 05:52am
Print Public assets: Ministry seeks data to share it with IMF Says IMF has recommended actions on an issue that the data on public assets was inconsistent and not easily centralised Updated 27 May, 2024 11:43am
Editorials IMF programme: there is need for design audit EDITORIAL: Multilaterals, including the International Monetary Fund (IMF), have developed independent audit... Updated 27 May, 2024 06:29am
Pakistan CM Gandapur meets federal ministers to discuss electricity-related issues Consensus reached between the Federal Ministers and the Khyber Pakhtunkhwa Chief Minister to address these issues collectively Updated 26 May, 2024 09:31pm
Pakistan PPP delegation meets PM Shehbaz to discuss budget 2024-25 Delegation includes former Prime Minister Raja Pervaiz Ashraf, Syed Naveed Qamar, Sindh Chief Minister Murad Ali Shah, and Sherry Rehman Updated 26 May, 2024 06:17pm
Business & Finance IMF’s EFF: Notable progress made towards reaching SLA ISLAMABAD: The International Monetary Fund (IMF) and the Pakistani authorities made significant progress towards... Published 25 May, 2024 05:32am
Print Share under NFC Award: Govt may explore option of sharing debt servicing, power circular debt with provinces Government left with only 42.5 percent from divisible pool with interest payments and circular energy debt no longer sustainable Updated 25 May, 2024 08:29pm
Business & Finance Cost of CPEC’s ML1 project cut to $6.8bn ISLAMABAD: Federal Minister for Planning Development and Special Initiatives, Ahsan Iqbal said on Friday that... Published 25 May, 2024 05:32am
Pakistan Pakistan greets $10bn UAE investment pledge ISLAMABAD: Pakistan on Friday welcomed the United Arab Emirates (UAE)’s latest pledge of $10 billion investment in... Published 25 May, 2024 05:32am
Pakistan IMF, Pakistan make ‘significant progress’ towards staff-level agreement, lender says Pakistan's reform programme also broadly outlined in statement Updated 24 May, 2024 03:04pm
Business & Finance Aleem rues low volume of trade with Kuwait ISLAMABAD: Federal Minister of Investment Board, Privatisation and Communications, Abdul Aleem Khan has said that ... Published 24 May, 2024 06:25am
Business & Finance Govt wants private sector investment in infrastructure financing: Iqbal ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal has said that the... Updated 24 May, 2024 07:24am
Print Third-party projects under CPEC: PM orders MoFA to finalise modalities in a week The PM is scheduled to visit China before presentation of federal budget 2024-25 Updated 24 May, 2024 02:29pm
Opinion Budgets 2024: thinking afresh “Simplify taxes, reduce the cost of excessive documentation, open the economy for higher growth and employment,... Updated 24 May, 2024 05:49am
Opinion Primary surplus, fiscal deficit, over-board austerity policy, and existential threats International Monetary Fund (IMF) wishes government to have primary surplus, which means that before paying interest... Updated 27 May, 2024 07:12pm