Pakistan to consider vegetable imports from arch-rival India to mitigate floods fallout
ISLAMABAD: Following a massive hike in food prices due to current floods in the country, Finance Minister Miftah Ismail has said that Pakistan will...
Rupee surges as IMF bails Pakistan out of risk of slipping into default
KARACHI: The Pakistani rupee gained more ground against the US dollar on Tuesday after the International Monetary Fund's (IMF) executive board revived the much-awaited...
Tarin allegedly directs Punjab, KP to backtrack from IMF commitments to pressurize Centre
ISLAMABAD: Former Finance Minister and Pakistan Tehreek-e-Insaf (PTI) leader Shaukat Tarin has allegedly asked Punjab and Khyber Pakhtunkhwa Finance Ministers to backtrack from IMF...
Government slaps additional Rs38 billion in taxes on cigarettes
ISLAMABAD: The federal government promulgated an ordinance to slap an additional Rs36 billion tax on cigarettes, Rs2 billion on tobacco processing, and reduced levies...
Qatar to give $2bn in bilateral support to ease Pakistan’s funding crunch
ISLAMABAD: In order to help ease Pakistan’s funding crunch and consequent risk of default, State of Qatar is expected to give Islamabad funds worth...
SBP keeps policy rate unchanged at 15 per cent
KARACHI: The State Bank of Pakistan (SBP) on Monday decided to keep the interest rates unchanged at 15 per cent.
In its meeting held in...
First International Housing EXPO-2022, will be organized in November
ISLAMABAD: Iftikhar Ali Shallwani, Federal Secretary, Ministry of Housing and Works chaired a meeting of the First International Housing Expo-2022 that will be organized...
Pakistan may seek 15-year LNG deal with Qatar
ISLAMABAD: Pakistan may seek a 15-year liquefied natural gas (LNG)
contract with Qatar on a G2G (government to government) basis, on two
cargoes in a month...
Jameel Ahmad appointed as Governor of Central Bank of Pakistan
ISLAMABAD: Dr Jameel Ahmad, the Deputy Governor of State Bank of Pakistan (SBP) has been promoted and appointed as Governor of the Central Bank...
Grafting wild olives, producing other oil seeds help Pakistan become 5th oil producing country
ISLAMABAD: Pakistan is spending over $4 billion ever year to import edible oil from different countries to meet the requirements of the people.
Country imports...
