Business

IMF and Pakistan has reached a staff level agreement on final bailout review

The International Monetary Fund (IMF) has reached a staff-level agreement with Pakistan on the final review of a $3 billion bailout, where the country...
Business

IMF and Pakistan has reached a staff level agreement on final bailout review

The International Monetary Fund (IMF) has reached a staff-level agreement with Pakistan on the final review of a $3 billion bailout, where the country...

Govt jacks up Petrol price by Rs13.55 per litre

The caretaker government on Wednesday hiked the price of petrol by Rs13.55 per litre for the next fortnight. The new price of petrol is now...

IMF’s review mission expected to visit Pakistan after Feb 8 polls

A review mission of the International Monetary Fund (IMF) is likely to be dispatched to conduct talks with Islamabad after Pakistan's much anticipated general...

Banking Sector spread inched up by 1.4% on YoY basis in Dec

As per the data released by the SBP the Banking sector spread for the month of December 2023 has decreased by 1 basis points...
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Business
News Desk

Pakistan & Dubai sign over $3bn investment pact

Pakistan and Dubai have inked a more than $3 billion investment pact in diverse fields including cooperation in railways, economic zones, and infrastructure development. The...
News Desk

Pakistan vows to fulfil IMF promises after averting default threat

Prime Minister Shehbaz Sharif said Wednesday that Pakistan would fulfill its commitments made to the International Monetary Fund (IMF) to secure a short-term financing...
News Desk

Power sector circular debt tops Rs2.64tr

The power sector circular debt has reached a staggering amount of Rs2.646 trillion by the end of May 2023, registering an increase of Rs394...
News Desk

Pakistan keen to promote trade ties with Korea

Pakistan is looking forward to strengthening bilateral relations with Korea and promote trade and investment linkages between the two countries, said Federal Minister for...