Pakistan’s ICT exports soar to $2.28bn, reveals Economic Survey 2023-24 Pakistan’s Information and Communication Technology (ICT) sector exports remittances have surged 17.44% to $2.283... Published 11 Jun, 2024 11:23pm
Business & Finance Capacity utilisation of Pakistan’s cement industry drops to lowest on record At around 55%, this is the lowest level since at least FY2007 Updated 11 Jun, 2024 11:53pm
Pakistan Aurangzeb says some rollovers, return of commercial bank borrowing ways to manage external debt in FY25 Finance Minister Muhammad Aurangzeb sounded a confident tone, saying that Pakistan will meet its external debt... Updated 11 Jun, 2024 11:56pm
Pakistan No sacred cows, no strategic SOEs, says Aurangzeb as he unveils Pakistan Economic Survey 2023-24 Pakistan missed its GDP growth target in outgoing fiscal year Updated 11 Jun, 2024 11:48pm
Pakistan Pakistan imposes one document regime at Chaman border A decision was taken to stop the transshipment of contraband and illegal crossings of people Published 11 Jun, 2024 05:29pm
Pakistan World Bank approves $1bn financing for Dasu Hydropower Project The World Bank’s Board of Executive Directors approved $1 billion as the second round of additional financing for... Updated 11 Jun, 2024 07:52pm
BR Research Remittances shining again As expected, remittances from overseas Pakistanis saw a surge on May 24. However, the monthly inflows rose to record... Published 11 Jun, 2024 08:13am
Pakistan Pakistan’s budget on Wednesday will aim to set stage for IMF bailout, say analysts ISLAMABAD: Pakistan’s coalition government is expected to lay out ambitious fiscal targets in the 2024/2025... Updated 10 Jun, 2024 07:16pm
Markets First cut in 4 years: SBP reduces key policy rate by 150 basis points, takes it to 20.5% Says significant decline in inflation since February broadly in line with expectations, but May outturn was better than anticipated Updated 10 Jun, 2024 11:01pm
Opinion Equitable taxation: a precondition for meaningful economic reform Negotiations with the IMF on the next programme are ongoing, with budget formation being an integral part of the... Updated 10 Jun, 2024 08:18am
Opinion Budget: inflation must be top priority Inflation is pushing an ever increasing number below the poverty line (currently estimated at 40 percent comparable... Updated 10 Jun, 2024 08:13am
Opinion The plight of exporters Most textile and apparel exporters operate on razor-thin margins, where pricing differentials are in US cents and... Updated 10 Jun, 2024 07:58am
Opinion Policy rate decision ahead of budget presentation State Bank of Pakistan (SBP) will be making its monetary policy public today. As May inflation has already dropped... Updated 10 Jun, 2024 08:06am
Editorials Export growth EDITORIAL: The unstated economic policy is to keep the current account deficit close to zero. For that, the trade... Updated 10 Jun, 2024 08:00am
Editorials Improving business confidence EDITORIAL: It’s welcome news, of course, that the 25th wave of the Business Confidence Index (BCI) conducted by ... Updated 10 Jun, 2024 08:02am
Print Jul-Apr govt debt stock up 8.6pc to Rs66.08trn YoY KARACHI: The central government’s total domestic and external debt stock rose by 8.6 percent during the first 10... Updated 08 Jun, 2024 09:23am
Print FD agrees to provide Rs1.2trn for FY25 PSDP ISLAMABAD: The Finance Division has agreed to provide Rs1.2 trillion for the next fiscal year Public Sector... Updated 08 Jun, 2024 08:53am
Print New EFF: IMF to support a home-grown programme ISLAMABAD: The International Monetary Fund will support a home-grown programme for Pakistan under a new Extended... Updated 08 Jun, 2024 01:35pm
Markets Pakistan receives record remittances of $3.24bn in May, up over 54% YoY Inflows from Saudi Arabia, UAE, UK dominate overall amount Updated 07 Jun, 2024 09:36pm
Markets Pakistan should ‘abandon’ CGT once and for all: co-founder of Tundra Fonder Remarks come over rumoured proposal to increase taxation on Pakistan's capital markets Updated 07 Jun, 2024 10:57pm
Opinion Need for revisit of deeply-rooted neoliberal economic policy mindset In his visit to China, with PM and some other cabinet members, the finance minister, Muhammad Aurangzeb, while... Published 07 Jun, 2024 06:24am
Editorials Policy rate manoeuvrability EDITORIAL: Domestic pressure is clearly mounting on the Monetary Policy Committee scheduled to meet on June 10 to... Updated 07 Jun, 2024 10:55am
Pakistan PM in China pledges to protect Chinese nationals in Pakistan Prime Minister Shehbaz Sharif on Wednesday expressed the resolve to spare no efforts in protecting the lives of... Updated 05 Jun, 2024 11:07pm
Pakistan Pakistan eyes access to Chinese capital markets: Aurangzeb Finance Minister sees policy rate cut this year Updated 05 Jun, 2024 10:56pm
Business & Finance Upcoming budget: SIFC should advocate 26pc rise in tobacco taxes: SPARC ISLAMABAD: The Society for the Protection of the Rights of the Child (SPARC) has requested the Special Investment... Updated 05 Jun, 2024 07:13am
Markets IATA again urges Pakistan to release blocked airline funds The International Air Transport Association (IATA), a trade body of global airlines, on Tuesday again urged Pakistan... Updated 04 Jun, 2024 06:56pm
Editorials The PM’s visit to China EDITORIAL: The Chinese Ambassador to Pakistan, Jiang Zeidong, recently stated that Prime Minister Shehbaz Sharif’s... Updated 04 Jun, 2024 06:50am
Print Inflation slows to 11.8pc in May, lowest in 30 months ISLAMABAD: The Consumer Price Index (CPI) based inflation increased to 11.8 per cent on a year-on-year (YoY) basis... Updated 04 Jun, 2024 09:33am
Business & Finance Belgium’s Ontex completes divestment of business in Pakistan Ontex Group NV, a Belgian developer and producer of care products and solutions, on Monday announced that it has... Updated 03 Jun, 2024 07:57pm
Markets Pakistan’s headline inflation decelerates further to 11.8% in May 2024 CPI-based figure lowest after 29 months, making case for rate cut stronger Updated 03 Jun, 2024 08:36pm