Despite the war between Russia and Ukraine, bilateral trade between the two countries swelled by almost $5.5 million to $28.2… Read More
Fake News: IMF Talks Have Not Failed
The Minister for Finance, Shaukat Tarin, has said that the 7th review meeting between Pakistan and the International Monetary Fund… Read More
Pakistan’s Wheat Imports Top 2 Million Tons in First 8 Months of FY22
Pakistan imported 2.094 million metric tons of wheat during the first eight months of the current fiscal year to meet… Read More
ECNEC Approves Rs. 201 Billion Karachi Circular Railway Project
The Executive Committee of the National Economic Council (ECNEC) on Wednesday approved Karachi Circular Railway (KCR) project worth Rs. 201… Read More
Govt Okays Allocation of Additional Gas to SNGPL to Bridge Demand-Supply Gap
The government has principally decided to allocate up to 110 million cubic feet per day (MMCFD) gas from Mari deep… Read More
ECC to Discuss Ramadan Relief Package Tomorrow
The Economic Coordination Committee (ECC) of the cabinet will review, on Tuesday, the Ramadan Package seeking to provide essential commodities… Read More
Govt Piles Up Rs. 3.7 Trillion Debt in 7 Months
The Federal Government’s debt, excluding IMF loans and other liabilities, swelled by 10 percent (Rs. 3.7 trillion) to Rs. 42.4… Read More
Pakistan’s Current Account Deficit Likely To Surge if Russia-Ukraine Conflict Prolongs
Pakistan’s current account deficit may witness a surge due to the high prices of oil and gas. Among other commodities,… Read More
Loss Making PSEs Borrow Rs. 38 Billion in First 8 Months of FY22
The loss-making Public Sector Enterprises (PSEs) borrowed Rs. 38 billion during the first eight months (July-February) of the current fiscal… Read More
Govt Self-Funding Fuel and Electricity Cost Subsidies: Shaukat Tarin
The Federal Minister for Finance and Revenue, Shaukat Tarin, said that the government is using residual profits from its oil… Read More
Pakistan-IMF Talks Hang in the Balance as Political Temperature Rises
The future of ongoing talks between Pakistan and the International Monetary Fund (IMF) for its funds’ program hangs in the… Read More
Punjab’s Real Estate has Potential to Generate Rs. 400 Billion in Tax Revenue: World Bank
The World Bank (WB) has estimated that the tax potential of the real estate sector in Punjab province is Rs.… Read More
