Economy

Despite rising petroleum product prices globally, Prime Minister Imran Khan has rejected a proposal for enhancement in the prices. PM KHan ordered that the prices of petroleum products from 16th November 2021 shall remain the same as…
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ISLAMABAD: The prices of petrol and diesel in Pakistan have skyrocketed in Pakistan. According to a finance ministry notification, with the Rs8.03 increase, the new price of petrol has been fixed at Rs145.82 per litre for the next…
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The Saudi Fund for Development said it was depositing $3 billion in State Bank of Pakistan (SBP) to help support its foreign reserves, the kingdom’s state news agency reported on Tuesday. The fund added that an official directive was…
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Turkey's currency on Thursday plumbed record lows as Ankara reeled from the twin blows of being placed on a terrorism financing and anti-money laundering watch list and an interest rate cut that economists fear could spark hyperinflation.…
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PARIS: The Financial Action Task Force (FATF) on Thursday announced that it is retaining Pakistan on the grey list, while noting that "good progress" has been made in completing the required action items for removal from the list. FATF…
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The government on Monday issued a notification confirming Shaukat Tarin's appointment as adviser to the prime minister on finance and revenue. "The president, on the advice of the prime minister, has been pleased to appoint, with…
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The government on Friday  announced a fresh hike in petroleum products, increasing the prices of petrol and high speed diesel by Rs10.49 and by Rs12.44 respectively for the next fortnight. The development came a day after the government…
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Prime Minister Imran Khan on Monday directed officials to take all possible measures to provide land, electricity and gas connections as well as tax incentives to attract more and more Chinese companies to invest in Pakistan and populate…
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Petroleum prices: Oil prices in Pakistan are likely to go up by up to Rs10 a litre from October 16, a media report said. The Petroleum prices of refined products have gone up from $79 to $91 per barrel from October 1, sources were quoted…
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ISLAMABAD: Prime Minister Imran Khan on Sunday welcomed the Pandora Papers investigations and promised investigations against Pakistanis named in the report. "We welcome the Pandora Papers exposing the ill-gotten wealth of elites,…
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The Pakistan Pavilion is set to open its doors at Dubai Expo2020 on October 1st. The long-awaited reveal promises to showcase the real Pakistan to the world, from the rich culture and history to tourism and investment opportunities. The…
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The government on Thursday announced raising the price of petrol by Rs4 from October 1 "due to an increase in petroleum prices in the international market". "OGRA has worked out the higher petroleum prices but prime minister has decided…
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IMF chief Kristalina Georgieva on Thursday disputed an independent investigation which found that in her previous job at the World Bank, she pressed staff to alter a report to avoid angering China. Based on the findings, the World Bank…
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Air Arabia Group Chairman Sheikh Abdullah bin Muhammad Al Thani called on Prime Minister Imran Khan in Islamabad on Friday. Federal Ministers Chaudhry Fawad Ahmed and Ghulam Sarwar Khan were also present in the meeting. During the…
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Managing Director International Monetary Fund (IMF) Kristalina Georgieva has sent a note of thanks to Prime Minister Imran Khan, expressing gratitude over the “safe and swift evacuation” of its staff from Afghanistan “| wish to offer my…
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