PM calls for national consensus on building debt-free economy
Prime Minister Shehbaz Sharif on Saturday said that there existed economic challenges but the nation would have to decide whether…
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Zardari insists on talks for same-day polls
Former president and Pakistan Peoples Party (PPP) Co-Chairman Asif Zardari said on Friday that his party was not averse to the…
UAE confirms to IMF $1bn bilateral support for Pakistan: Dar
ISLAMABAD: Finance Minister Ishaq Dar on Friday announced that the United Arab Emirates (UAE) had confirmed to the International…
IMF sticks to its guns on staff-level deal
ISLAMABAD: Pakistan emphatically requested the International Monetary Fund (IMF) on Wednesday to show some flexibility and sign…
Rupee recovers nearly Rs3.5 over Saudi assurance
KARACHI: Pakistani currency got the much-awaited support and hit a one-week high beyond Rs285 to a dollar on Thursday after…
Dar pulls out of WB-IMF spring meetings
ISLAMABAD: In a major development, Finance Minister Ishaq Dar has cancelled his visit to the United States where he was scheduled…
Pakistan gets Saudis’ ‘green signal’ for $2b funding
ISLAMABAD: Pakistan has received the nod for funding to the tune of $2 billion from Saudi Arabia, finance ministry sources on…
Centre spends ‘Rs710b’ on devolved ministries
ISLAMABAD:Amid severe fiscal constraints, the federal government is still spending over Rs710 billion every year by retaining 17…
Analysts see 100-200 bps hike in policy rate
KARACHI: Pakistan’s central bank is expected to jack up the benchmark policy rate in the range of 100 to 200 basis points (bps) at…
Govt paints gloomy outlook of economy
ISLAMABAD: The government, while projecting further hike in inflation coupled with a slowdown of the economy, on Friday said that…