PSX shows signs of recovery, opens at 70,909 points
The market is being supported by the finance minister’s travel to the US to clinch another IMF program. KARACHI: The…
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Pakistan Post faces loss of 500 million rupees: Report
Sources further revealed that, in these 86 incidents, the Pakistan Post Office has suffered a loss of 13.18 million rupees….
World Bank asks Pakistan for tax reforms
It is also recommended to formulate a long-term commercial tariff strategy and align the gas tariff for consumers with the…
Pakistan Engages in Crucial Talks at IMF & World Bank Meetings in Washington
Minister Aurangzeb held discussions with World Bank President, Rajeev Banga, focusing on Pakistan’s economic situation. Pakistan Engages in Crucial Talks…
IMF predicts Pakistan’s economy to grow by 3.5% in FY25
Unemployment in the country is expected to decrease to 8 percent in 2024, from 8.5 percent in 2023, to 7.5…
Saudi FM announces full support for Pakistan’s economic progress
“We will keep a close eye on the constructive talks held between Pakistan and Saudi Arabia,” the Saudi foreign minister…
Pakistan has the highest cost of living in Asia: Asian Development Bank
In the past, the ADB gave an optimistic economic outlook for Pakistan, close to official forecasts. ISLAMABAD: The Asian Development…
Pakistan repays $1 bln in Eurobonds ahead of IMF bailout
The IMF standby arrangement of $3 billion Islamabad secured last summer expired on Thursday. Pakistan has repaid $1 billion in…
Overseas workers’ remittances record $3bn inflow in March 2024
Workers’ remittances during March 24 were mainly received from Saudi Arabia (US$703.1 million). ISLAMABAD: The State Bank of Pakistan (SBP)…
Saudi Arabia to invest US$ one billion in Reko Diq Project
Reko Diq is one of the world’s largest undeveloped copper-gold mines. Saudi Arabia to invest US$ one billion in Reko…