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US issues new 120-day national security waiver
WASHINGTON: The US on Tuesday moved to let Iraq pay Iran for electricity via non-Iraqi banks, a US official said, a step…
IMF projections deepen currency downturn
KARACHI: The Pakistani currency faced a fourth consecutive working day of decline, falling by 0.26% or Rs0.76 to reach a…
Rs16.8b PM’s Laptop Scheme okayed
ISLAMABAD: The government on Wednesday approved Rs822 billion worth of mega projects, including the Prime Minister’s Laptop Scheme…
Rupee-dollar parity projected to remain volatile
ISLAMABAD: The International Monetary Fund’s latest assumptions suggest that the average exchange rate could be around Rs305 to a…
Pakistan’s growth low, inflation high among S. Asian nations last fiscal…
In the last fiscal year, Pakistan faced the challenges of low growth and high inflation as compared to other South Asian…
Rupee slumps to lowest in three weeks
ISLAMABAD: Pakistani currency on Tuesday slumped 1.34%, or Rs3.78, and reached its lowest in three weeks at Rs283.04 against the…
CDWP okays 10 projects worth Rs1.07tr
ISLAMABAD: Minister for Planning Ahsan Iqbal on Tuesday chaired a meeting of the Central Development Working Party (CDWP) that…
IT exports will surge to $15 billion: minister
ISLAMABAD: Minister of Information Technology Syed Aminul Haque has expressed the determination to push Pakistan’s IT exports to…
IMF spells out stringent conditions for $3b breather
ISLAMABAD: The International Monetary Fund (IMF) has slapped a stringent condition on Pakistan to stop its intervention in the…
Pakistan needs to harness renewable energy for a sustainable future
KARACHI: Climate change is reshaping the globe and transforming how we envision the future.
The Global South is experiencing…