Government raises petrol price to Rs272 for next fortnight
ISLAMABAD: With only a few days left for Ramadan, the government raised the price of petrol to Rs272 per litre, adding pressure on the...
IMF puts damper on loan deal, sets new condition for Pakistan
ISLAMABAD: The revival of the International Monetary Fund (IMF) loan program for Pakistan, has taken a new turn, as the Fund has put forward...
World Bank committed to Pakistan’s long-term development: Martin Raiser
NEW YORK: Pakistan's Ambassador to the United States Masood Khan held a meeting with World Bank's Vice President for the South Asia Region Martin...
Policymakers, industrial experts discuss localisation for growth at National Policy Dialogue
KARACHI: K-Electric Limited, in collaboration with Nutshell Group, jointly hosted a National Policy Dialogue on Localisation for growth at a local hotel in Karachi.
The...
Pakistan, IMF yet to reach agreement with final hiccups
ISLAMABAD: Pakistan is trying to reach on an agreement with International Monetary Fund (IMF) for the bailout package, but still seems difficult despite Islamabad...
SBP-held foreign reserves rise above $4 billion mark
KARACHI: The State Bank of Pakistan (SBP)-held foreign exchange reserves rose above the $4 billion mark after the cash-strapped nation received a $500 million...
Rupee resumes uptrend on ‘improved supply’ of dollar
KARACHI: The Pakistani rupee on Friday resumed its uptrend in the interbank market against the US dollar as the supply for the greenback improved.
The...
IMF ‘satisfied’ with Pakistan but no deal this week: Ishaq Dar
ISLAMABAD: Finance Minister Ishaq Dar on Thursday said that the International Monetary Fund (IMF) was "satisfied" with Pakistan's actions but the staff-level agreement could...
COAS Asim Munir ‘rejected’ Imran Khan’s request for meeting
ISLAMABAD: Chief of Army Staff (COAS) General Asim Munir has asserted that the army would neither interfere in politics nor would play any role...
Islamabad asks China to roll over $2bn deposits, IMF informed
ISLAMABAD: The International Monetary Fund (IMF) was informed by Pakistan that Islamabad has requested China to rollover $2 billion State Administration of Foreign Exchange...
