ADB approves $40 Million loan for Pakistan
The project will offer conditional cash grants for livestock, agriculture, small businesses, and e-commerce. MANILA: The Asian Development Bank (ADB)…
Economy
Follow the latest economy news, inflation updates, currency movements, interest rates, trade, taxation, employment, government budgets, energy prices, and financial policy developments from Pakistan and around the world. Get clear reporting and analysis on the economic indicators and decisions that affect households, businesses, investors, and national growth. Economic coverage commonly includes policy, jobs, trade, banks, inflation, taxes, and broader economic conditions.
Pakistan sets $60 billion target for annual exports in three years
The prime minister tasked the power ministry to present a comprehensive plan to provide low-cost electricity to the industries. ISLAMABAD:…
Dettol maker Reckitt Benckiser fined Rs 1.5 crore for false advertisements
The Dettol maker was found guilty of deceptive marketing practices for violating the Competition Act, 2010. ISLAMABAD: The District Competition…
Abu Dhabi Ports announces $250 million investment in Karachi port
The terminal will be able to handle cargo ships of up to 120,000 tonnes as well as boost economic activities…
Latest IMF Agreement Improves Pakistan’s Funding Prospects: Moody’s
Pakistan’s external position remains fragile, with high external financing requirements over the next three to five years. ISLAMABAD: The International…
PSX hits new high, crosses 81000 mark after IMF deal
Despite economic challenges, Pakistan Stock Exchange reported serious gains, and it touched all time high. KARACHI: Bullish momentum continues at…
Latest currency exchange rates in Pakistan Today – July 15, 2024
Exchange rates usually vary based on the location and the Exchange Company or bank involved in the transaction. KARACHI: The US…
Gold Rate in Pakistan today- July 15, 2024
Sarafa Markets in various cities provided the above rates. KARACHI: According to the most recent information from the Karachi, Multan,…
Pakistan, IMF reaches staff-level agreement on $7bn bailout deal
The program under the 2023 Stand-By Agreement (SBA) aims to capitalize on the hard-won macroeconomic stability achieved over the past…
Federal govt approves electricity tariff hike for commercial, agriculture, bulk consumers
The federal cabinet approved an increase of Rs8.04 in the base tariff for commercial consumers. ISLAMABAD: Amid a tax-heavy budget,…