KARACHI: The State Bank of Pakistan (SBP) announced Wednesday that the central bank would remain closed from June 29-30 on account of Eid ul Adha. As...
ISLAMABAD: Minister for Finance and Revenue Senator Ishaq Dar has again sought the United States’ help to unlock the stalled $1.1 billion International Monetary Fund loan,...
Crises-hit Pakistan has failed to secure liquified natural gas (LNG) from the spot market in its first attempt in about a year, as no supplier seems...
KARACHI: The International Monetary Fund’s (IMF) criticism of Pakistan’s latest budget suggests chances are rising that the lender will opt not to deliver long-awaited aid before...
ISLAMABAD: To address the reservations of a critical government ally, the Pakistan Peoples Party (PPP), Prime Minister Shehbaz Sharif has approved Rs25 billion in aid for...
KARACHI: Owing to the non-availability of dollars, commercial importers have announced to stop the import of all eatables and drinks from June 25, The News reported Monday. According...
ISLAMABAD: Pakistan Peoples’ Party (PPP) Friday called out its ruling partner, Pakistan Muslim League-Nawaz (PML-N), for presenting an “unrealistic” and “election-oriented budget”, questioning the party’s intention...
KARACHI: Moody’s Investors Service has warned that Pakistan’s ability to secure loans from bilateral and multilateral partners will be severely constrained until a new programme is negotiated...
On June 14, 2023, global energy giant Shell made a significant announcement that cast more doubts on Pakistan’s economic prospects. The multinational corporation, which has been...
KARACHI: The Pakistani government is expected to announce a cut in petrol price today for a second time this month after a decline in the ex-depot...