Shaukat Tarin reveals IMF and government deal
Shaukat Tarin highlighted that the IMF demanded to match policy rate with headline inflation rather than the core inflation previously
Miftah Ismail denies link between fuel price hike, IMF accord
The minister says the Fund had not demanded to increase the fuel prices, but it was a result of global inflation.
SBP’s restriction caused panic for auto assemblers in Pakistan
Auto assemblers in the country will likely experience a delay in the import of CKD (Completely Knocked-Down) kits.
Pakistani Rupee dives into the sea
Amid prevailing uncertainty, PKR declined around 16.5 percent against the USD and its performance has been marked as worst in whole Asia
Pakistan finally secures deal with IMF
Pakistan and IMF on Tuesday night reached an understanding on the federal budget for 2022-23, which lead to revival of the extended fund facility.
Status of GSP+ extension for Pakistan
Monitoring Mission of European Union’s (EU) Generalized System of Preferences Plus (GSP+) is on visit to Islamabad for ten days
India fines Reliance over Facebook deal
In April 2020, Meta's Facebook invested $5.7 billion in Reliance's Jio Platforms, aiming to allow WhatsApp to offer payments services to millions of small businesses.
Hopeful of IMF accord in a day or so: Miftah Ismail
The minister vows to protect those with up to Rs1.2 million in annual earnings from income tax.
Biden to remove more Chinese tariffs to control inflation
White House officials discussed options on Friday with Biden for reducing some of former President Donald Trump's punitive duties on China, including potentially substantial cuts, three of the sources said.
Political parties and military blamed for being “intellectually corrupt”
Former Chairman FBR blamed PML, PPP, MQM and Military for being intellectually corrupt and facilitating transfer of assets from Pakistan
HBL wins praise for Pakistan’s FATF achievement
Chairman HBL has been recognized for his support in bringing Pakistan to its final stage for exiting FATF’s grey list.
Electricity generation expense jumped by 131 percent
The expense of power generation in Pakistan increased by 131 percent from Rs. 5.7 kWh in May 2021 to Rs. 13.15 kWh in May 2022.