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Another Rs4 billion approved for PIA
ISLAMABAD:
The government on Monday approved a Rs4 billion bailout package to pay the interest cost on the legacy loan of…
Pakistan dollar bonds surge after revised budget approval
LONDON: Pakistan’s sovereign dollar-denominated bonds jumped on Monday after its parliament approved a revised budget in a last…
S African company invests $1m into Pakistani startup
KARACHI: In a groundbreaking move that promises to revolutionise Pakistan’s financial landscape, South Africa’s renowned firm, DNI…
Pakistan inches closer to IMF funding
ISLAMABAD: After revising the budget in line with the International Monetary Fund’s demands, Pakistan expects progress towards…
Overcoming obstacles for Pakistani SMEs in trade
KARACHI: Small and medium enterprises (SMEs) are often referred to as the engine of growth because they not only produce a…
We need a minister of economy
ISLAMABAD: One must begin with outright admiration for Ishaq Dar. One can disagree and criticise him for being too focused on the…
Geopolitical motivations behind IMF policies and actions
KARACHI: Pakistan’s foreign exchange reserves are depleting fast as the country desperately struggles to salvage a…
Challenging times for the economy
KARACHI: In FY23, Pakistan’s economy experienced one of its most difficult years. The commodity cycle post-Covid started the…
Circular debt payables surge to Rs2.63tr
ISLAMABAD: Pakistan’s energy sector is grappling with an escalating circular debt crisis as total payables swelled to Rs2.63…
Rupee hits 2-week high amid positive outlook
KARACHI: Pakistan’s currency markets experienced a boost in sentiment for the third consecutive day on the news of a potential…