Economy

ISLAMABAD, Jan 31 : Prime Minister Imran Khan Monday rejected a summary to increase the petrol price by Rs 10 per liter and diesel by Rs 14, in the national interest. The prime minister said that government would bear the burden of the…
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Engro Corporation Limited CEO Ghias Khan has become President of the Overseas Investors Chamber of Commerce and Industry (OICCI) for the 2022 term. “We are pleased to announce that Ghias Khan, President & CEO of Engro Corporation…
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The Executive Board of the International Monetary Fund (IMF) will now meet on February 2 for Pakistan's sixth review under the Extended Fund Facility (EFF), a media report said. The IMF website, which lists its Executive Board Calendar,…
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Europe's busiest airport in Istanbul delayed its reopening on Tuesday as Turkey's biggest city began digging itself out of a major snowstorm that paralysed traffic and disrupted services. A blizzard on Monday shut Istanbul Airport down…
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The world's 10 wealthiest men doubled their fortunes during the first two years of the coronavirus pandemic as poverty and inequality soared, a report said on Monday. Oxfam said the men's wealth jumped from $700 billion to $1.5 trillion,…
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Prime Minister Imran Khan Tuesday underlined that exports and tax collection were the two main driving agents to boost the country’s economy, over which the present government was fully focused. He said the government was making…
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ISLAMABAD: The federal Cabinet on Tuesday approved the controversial State Bank of Pakistan (SBP) Amendment Bill, which has proposed to curtail the government's borrowing from the central bank, The news pmc reported. The…
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Federal Minister for National Food Security and Research Syed Fakhar Imam received the Ambassador of United Arab Emirates (UAE) to Pakistan His Excellency Hamad Obaid Alzaabi today on 15th Dec, 2021. Syed Fakhar Imam acknowledged the…
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Pakistanis across the country are searching for petrol in every nook and corner of their city as most petrol pumps are closed today (Thursday). However, oil marketing companies Pakistan State Oil and Shell had earlier announced they…
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Advisor to the Prime Minister on Finance Shaukat Tarin admitted Tuesday that the government was unable to buy LNG cargoes in time. In an interview to journalist Nadeem Malik, the former finance minister said the government did not buy…
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ISLAMABAD, Nov 23 : Prime Minister Imran Khan on Tuesday describing taxes vital for country’s economic stability and survival hoped that the use of technology will help check tax-pilferage and take revenue collection to the tune of Rs. 8000…
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ISLAMABAD, Nov 22 (APP):Adviser to the Prime Minister on Finance and Revenue, Shaukat Tarin on Monday informed that an agreement between Pakistan and International Monetary Funds (IMF) under Extended Fund Facility (EFF) worth US $1.059…
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ISLAMABAD, Nov 22 (APP): Prime Minister Imran Khan on Monday ordered immediate shipment of in-kind humanitarian assistance worth Rs. 5 billion for Afghanistan including 50,000 MT of wheat, emergency medical supplies, winter shelters and…
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Pakistan and the International Monetary Fund (IMF) have reached a staff-level agreement, the international money lender revealed Monday. "The agreement is subject to approval by the Executive Board, following the implementation of prior…
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Asian Development Bank has reassured its support to Pakistan in its reform agenda, especially in the Energy and Financial Markets Sectors and to speed up the economic recovery process. The assurance was given by the US Alternative…
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