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ISLAMABAD: Pakistan is moving closer to securing its loan from the International Monetary Fund (IMF) as United Arab Emirates (UAE) is likely to assure the global...
As the economic situation remains gloomy, the International Monetary Fund (IMF) slashed Pakistan’s real GDP growth rate projection from 2% to 0.5% for the current fiscal year. In...
MOSCOW: Russia started fuel exports to Iran by rail this year for the first time after traditional buyers shunned trade with Moscow, according to three industry sources and...
A Washington-based think tank, the United States Institute of Peace (USIP), has warned that there is “a real danger that Pakistan could default on debt”, which might further...
Despite Pakistan trying to make all-out efforts to woo the International Monetary Fund (IMF) to release a $1.1 billion loan tranche, Federal Minister for Finance and...
The State Bank of Pakistan (SBP)-held foreign exchange reserves fell further as the cash-strapped nation met its debt obligations to avoid a possible default, with the...
Gold price in Pakistan registered losses on Thursday as the precious commodity retreated from a historic high after investors shifted focus towards riskier assets following positive...
Rupee on Thursday turned tables on the US dollar, strengthening by over a percent in inter-bank trade, as hopes for the revival of the International Monetary Fund (IMF) bailout...
KARACHI: Minister of State for Petroleum Musadik Malik said Wednesday that the masses cannot get gas 24/7, attributing a drop in the commodity’s reserves as a...
Gold price surged to an all-time high in Pakistan and jumped past Rs215,00 per tola after the rupee fell to a new low against the US...
