Ishaq Dar claims forex reserves of Pakistan stand at $10bn
ISLAMABAD: Finance Minister Ishaq Dar has said that Pakistan’s foreign exchange reserves currently stand at $10 billion and not $4 billion as $6 billion...
Pakistan secures $570m more than targeted $8bn flood aid at Geneva donors’ conference
GENEVA: Pakistan on Monday secured pledges well over a targeted $8 billion in flood aid as it scrambles to mobilize funds to rehabilitate the...
Crunch talks on stalled IMF program likely today
ISLAMABAD: The International Monetary Fund (IMF) said that the recent telephonic conversation between Prime Minister Shehbaz Sharif and its Managing Director Kristalina Georgieva took...
Pakistan receives $140m RDA inflows, lowest since December 2020
KARACHI: Foreign currency inflows from overseas Pakistanis through Roshan Digital Account (RDA) clocked in at $140 million in December, according to data from the...
Pakistan, UAE reaffirm resolve to further bolster bilateral ties
ISLAMABAD: Prime Minister Shehbaz Sharif and United Arab Emirates (UAE) President Sheikh Mohamed bin Zayed Al Nahyan reaffirmed their resolve to further expand and...
Mini-budget on the cards as govt decides to take tough steps
ISLAMABAD: The federal government is working on a mini-budget including some tough measures like imposing a "flood levy" and increasing duty on petroleum products.
The...
No respite: Inflation edges up to 24.5% in December
ISLAMABAD: In line with the market expectations, consumer prices increased rather slowly to 24.5% in December amid persistent inflationary pressures, indicating no letup for...
Dar directs FBR to take steps for achieving tax collection target
ISLAMABAD: Finance Minister Senator Ishaq Dar has directed the Federal Board of Revenue (FBR) to make all possible efforts to achieve the true tax...
Shifting to solar energy ‘only viable option for survival’: Premier Shehbaz
ISLAMABAD: Terming solarization as the "only option for survival", Prime Minister Shehbaz Sharif has said the centre had devised a plan to immediately convert...
Ishaq Dar rules out default despite financial woes; assures investors Govt prove its claim
ISLAMABAD: Finance Minister Muhammad Ishaq Dar on Wednesday claimed that he could prove that Pakistan won't default on economic front.
"Whatever tough circumstances Pakistan is...
