Miftah hopeful of revival of IMF programme within day or two
ISLAMABAD: Federal Finance Minister Mifath Ismail on Monday said that he is hopeful that the stalled International Monetary Fund (IMF) programme would be revived...
Rupee shoots past record 210 against US dollar
KARACHI: In line with market expectations, the Pakistani rupee has plunged further and crossed the 210 threshold against the US dollar for the first...
Weekly inflation spikes to 14-year high
KARACHI: Following an increase in petrol and diesel prices to revive the International Monetary Fund (IMF) loan programme, the weekly inflation — based on...
Pakistan expecting breakthrough with IMF in coming two days
ISLAMABAD: Pakistan is expecting a breakthrough with International Monetary Fund (IMF) in coming two days after removal of subsidies from the petroleum products.
The senior...
Government considers to reduce income tax relief given to salaried class
ISLAMABAD: Federal Government is considering to reduce the income tax relief given to the salaried class in the recent budget following the recommendation by...
Pakistani rupee’s depreciation against US dollar continues
KARACHI: The Pakistani rupee continued its downward slide against the US dollar as it depreciated by 44 paisa in the interbank market on Thursday.
The...
Premier rejects summary to increase prices of petroleum products
ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday rejected a summary to increase in the prices of petroleum products.
According to sources, the finance ministry said...
Committed to building economic zones in Balochistan, KP: PM Shehbaz
NAWSHEHRA: Prime Minister Shehbaz Sharif has said that it was his personal interest and commitment to build economic zones in Pakistan, particularly in Balochistan...
Amid ruckus, CM Murad Ali Shah unveils ‘tax-free’ Rs1.71tr Sindh budget
KARACHI: Amid ruckus in the assembly, Sindh Chief Minister Murad Ali Shah on Tuesday presented a Rs1.7 trillion “pro-poor” and “tax-free” budget for the...
Rupee continues to fall amid IMF bailout uncertainty
KARACHI: Volatility emerged on Tuesday once again in the foreign exchange market as the Pakistani rupee depreciated nearly Rs1.64 against the US dollar to...
