BUSINESS
Pakistan formally requests $1bn fund from IMF, finance minister
Pakistan is targeting around $1bn in a formal request for funding from the IMF facility that helps lows and middle...
PSX closes at all-time high with crosses 87,000-mark
The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) closed at an all-time high on Wednesday amid positive sentiments...
Saudi Arabia vows to facilitate investment in key sectors
Appreciating the historical and fraternal bonds between Pakistan and Saudi Arabia, both sides have expressed resolve to further deepen mutually...
IMF stresses Pakistan should stay on course of reforms
A top official of the International Monetary Fund (IMF) has stressed that Pakistan should stay on the course of reforms...
Govt starts to lay off ‘low-grade’ employees
The federal government has begun to scrap naib qasid, sanitary, security guards and other jobs on the recommendations of the...
Macroeconomic conditions improves after successful engagement with IMF, SBP
Pakistan’s macroeconomic conditions improved during the fiscal year 2023-24 due to a host of reasons, including successful engagement with the...
Cabinet approves export of 500,000MT of surplus sugar
The federal cabinet approved the export of an additional 500,000 metric tons of sugar, with conditions applied to ensure price...
Oil prices drop on easing fears over Middle East
Oil prices extended losses Tuesday after a report said Israeli Prime Minister Benjamin Netanyahu had told US President Joe Biden...
Govt unveils 5-year privatisation plan
The Pakistan government’s five-year (2024-29) privatisation plan has been revealed, detailing the privatisation of 24 institutions in three phases. According...
Govt plans separate tax policy cell
The government has decided to withdraw the Inland Revenue Service’s (IRS) powers to propose tax increases and place it with...
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