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Pakistan’s 2024 budget a missed opportunity: IMF
ISLAMABAD': The International Monetary Fund (IMF) on Wednesday said that the proposed budget missed the opportunity to…
Ministers paint a gloomy economic picture
ISLAMABAD: Defence Minister Khawaja Asif on Wednesday painted a very dismal picture of the national economy, lamenting that how…
NEPRA notifies tariff hike of Rs1.61 per unit
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has notified a power tariff hike of Rs1.61 per unit on account…
Govt in last-ditch effort to secure IMF tranche
ISLAMABAD: Pakistan has paid off a $1 billion Chinese commercial loan, as the government on Tuesday held the first high-level…
Rupee recovers Rs7 vs dollar in open market
KARACHI: Pakistani currency maintained its losing streak for the third consecutive working day on Tuesday amid mounting debt…
Budget assailed for lacking relief for poor
ISLAMABAD: The federal budget came under heavy criticism, even from a federal minister, in the National Assembly on Tuesday, as…
First shipment paid for in Chinese currency
ISLAMABAD: Pakistan paid for its first government-to-government (G2G) import of discounted Russian crude in Chinese currency, the…
Rupee falls to nearly three-week low
KARACHI: Pakistani currency maintained its downturn for the second consecutive working day on Monday, falling 0.24%, or Rs0.70, to…
SBP governor reveals communication gap on debt restructuring
KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmad has reportedly expressed his lack of knowledge regarding the debt…
Pakistan seeks fast-track refinancing of $1.3b loans
ISLAMABAD: Pakistan on Monday requested China to fast-track the refinancing of maturing commercial loans of $1.3 billion and…