Finance Czar Hopes IMF to Approve Staff-Level Agreement in August
ISLAMABAD: Finance Minister Senator Mohammad Aurangzeb has expressed high hopes with upcoming Board Meeting of the International Monetary Fund (IMF) saying in August the...
Pakistan’s Foreign Exchange Reserves Hit 19-month High at $14.7 Billion
KARACHI: Pakistan's foreign exchange reserves have reached a 19-month high at $ 14.7 billion, said the spokesperson of State Bank of Pakistan (SBP).
The Central...
Government Increases Petrol Prices by Rs9.99 per Litre for Next Fortnight
ISLAMABAD: The Federal Government has raised the petrol price in the country by Rs9.99 per litre for the next fortnight, effective from July 16,...
Pakistan, IMF Clinch Staff-Level Agreement on $7bn Bailout Deal
WASHINGTON: Cash-strapped Pakistan has achieved a significant milestone by reaching a staff-level agreement with the International Monetary Fund (IMF) for a three-year, $7 billion...
Pakistan, Azerbaijan Agree to Expand Investment Volume upto $2bn
ISLAMABAD: Pakistan and Azerbaijan have reached to an agreement to enhance the bilateral investment level of up to $2 billion in areas of mutual...
Local, Foreign Petroleum Firms Announce $5 Billion Investment in Pakistan
ISLAMABAD: The Local and Foreign petroleum and gas exploration and production companies have announced the investment of five billion dollar in Pakistan in a...
Another current of Rs3.32/pu by NEPRA for consumers
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has given another power shock to consumers by increasing the electricity tariff by Rs 3.32 per...
Pak, IMF Close to Agreement on $8 Billion Bailout Package
ISLAMABAD: Pakistan and the International Monetary Fund (IMF) are nearing the finalization of a crucial agreement on a new $8 billion bailout package, expected...
Premier Shehbaz announces petrol price relief ahead of Eid ul Adha
ISLAMABAD: The petrol price in Pakistan has been slashed by Rs10.2 per litre in the latest price cut announced by Prime Minister Shehbaz Sharif's...
Tax base to be broadened for growth of economy, says Aurangzeb
ISLAMABAD: Finance Minister Muhammad Aurangzeb said on Thursday that without broadening tax base, the economy cannot grow.
Addressing the post-budget press conference here, he said...
