Economy

ISLAMABAD: A Chinese delegation comprising of 12 members headed by Ambassador of China to Pakistan Yao Jing met with Federal Minister for Interior, Brig (R) Ijaz Ahmad Shah and discussed security matters pertaining to CPEC. "To further…
Read More...

Speaking to a private news channel, Federal Minister for Economic Affairs, Hammad Azhar said that the government was aiming to raise the tax to GDP ration from three percent to four percent. "Efforts are being made to reduce the current…
Read More...

ISLAMABAD: Italy announced Thursday that it would provide 20.5 million euros for the economic uplift of Pakistan's Gilgit Baltistan region. Federal Minister for Economic Affairs Muhammad Hammad Azhar witnessed the signing ceremony of the…
Read More...

ISLAMABAD: Pakistan and the Asian Development Bank (ADB) signed a $500 million loan agreement for the Trade and Competitiveness Program, on Wednesday. A signing ceremony took place in the federal capital which was attended by Minister for…
Read More...

ISLAMABAD: PM's Adviser on Finance and Revenue Abdul Hafeez Shaikh reiterated Pakistan's commitment to curb terror financing under the FATF action plan. The finance adviser made these remarks while meeting a US delegation led by Ambassador…
Read More...

Prime Minister Imran Khan has issued directions to the Ministry of Trade and Industry to revive the Pakistan Steel Mills, on Monday. The directives were given by the prime minister in a review meeting on the progress of the revival of the…
Read More...

ISLAMABAD: Japan on Monday announced grant aid worth around 560 million Japanese Yen (approximately USD 5 million) to United Nations Industrial Development Organization (UNIDO) to support Agri-Food and Agro-Industry Development in Pakistan…
Read More...

WASHINGTON: A group comprising leading IT professionals called on Prime Minister Imran Khan at Embassy of Pakistan in Washington DC. The group included Mr. Imran ul Haq Khan, Mr. Hashmat Malik, Mr. Hassan Ahmad, Mr. Dilawar Syed, Mr. Rehan…
Read More...

KARACHI: The United Arab Emirates has claimed that it would open Asia's biggest visa centre in Karachi in the coming months. This was revealed by the UAE's Ambassador Hamad Obaid Alzaabi during his visit to the Karachi Chamber of Commerce…
Read More...

ISLAMABAD: Chinese technology giant Huawei plans to invest $100 million in Pakistan this year, a company executive said. Huawei Vice President of Huwaei Group, Mr. Mark Xueman met with Pakistani Federal Minister for Planning, Development…
Read More...

ISLAMABAD: A high level delegation comprising more than 55 executives and CEOs of the leading Chinese companies called on Prime Minister Imran Khan and expressed their interest to invest $5 billion in Pakistan. Minister for Planning…
Read More...

ISLAMABAD: Pakistan has received the first tranche of loan of $991.4 million from the International Monetary Fund (IMF) under the under Extended Fund Facility (EFF). According to the State Bank of Pakistan (SBP), the country’s foreign…
Read More...

ISLAMABAD: The KFW bank of Germany has pledged an amount of 13.5 million Euro for Khyber Pakhtunkhwa’s Billion Tree Tsunami. KFW will help in monitoring and capacity building of ground staff as well as communities associated with this…
Read More...

ISLAMABAD — The Asian Development Bank (ADB) has approved a $235 million loan to help develop a bus rapid transit (BRT) system with innovative energy and climate resilience features that will enhance access to quality public transport for…
Read More...

ISLAMABAD: A delegation of China Railways Construction Cooperation (CRCCI) called on Mr. Razaq Dawood, Advisor to PM on Commerce, Textile, Industries & Production, and Investment. CRCCI is one of the largest integrated developer and…
Read More...