Pakistani Rupee continues upward flight against US Dollar
KARACHI: Pakistani Rupee continued to strengthen against the mighty US Dollar for the fifth consecutive time on Wednesday, and was traded at Rs285.13 in...
Finance Minister, Netherlands Envoy discuss bilateral economic ties
ISLAMABAD: Caretaker Finance Minister Dr. Shamshad Akhtar was called on by Ambassador of Netherlands to Pakistan, Henny De Vries and discussed with her bilateral...
Pakistan secures $700 million from IMF in standby agreement
ISLAMABAD: In a pivotal move to bolster its economic trajectory, Pakistan successfully negotiated a staff-level agreement (SLA) with the International Monetary Fund (IMF).
The agreement,...
Mini-budget off the table as IMF approves Pakistan’s Rs 9.415tr tax goal
ISLAMABAD: Pakistan’s ongoing discussions with the International Monetary Fund (IMF) have resulted in an agreement to maintain the country’s annual tax collection target at...
Moody’s sounds alarm on US economy; credit rating outlook dips to ‘negative’
WASHINGTON: Moody's, one of the three major credit rating agencies, downgraded the outlook on the US credit rating from "stable" to "negative" on Friday.
The...
PSX 100-index crosses 55000 points milestone
KARACHI: Pakistan Stock Exchange (PSX) achieved a new milestone and crossed 55,000 points for the first time in the history of the country’s stock...
Pakistan assures IMF of full implementation of $3bn loan program
ISLAMABAD: Pakistan on Thursday briefed the visiting International Monetary Fund (IMF) team about its performance, and assured it of full implementation of the $3...
IMF delegation reaches finance ministry for talks
ISLAMABAD: A delegation of the International Monetary Fund (IMF) on Thursday reached the Ministry of Finance for talks with the Pakistani economic team.
The IMF...
Petrol prices expected to drop by Rs 18 on November 1st
ISLAMABAD: Due to the recent advancements in the value of the Pakistani Rupee against the US dollar, it is being anticipated that Petrol and...
Over Rs453bn collected in non-tax revenue in three months
ISLAMABAD: The Finance Ministry has revealed that there has been an increase of Rs243 billion in the government’s non-tax revenue in the first three...
