Current account deficit down by 61pc in October
Total imports rose by 7.86% MoM to $5.17bn as compared to the imports worth $4.8bn recorded in September. Current account…
Economy
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Anwar-ul-Haq hopeful of ‘successfully concluding’ IMF review
PM says Pakistan has met IMF targets for next tranche. Anwar-ul-Haq hopeful of ‘successfully concluding’ IMF review. Caretaker Prime Minister…
SBP maintains interest rate at 22pc
The development comes ahead of the International Monetary Fund’s (IMF) review for the release of the second tranche of $710…
PIA gets govt ‘nod’ for Rs20 bln loan from banks
The Pakistan International Airlines loan will be rescheduled for six months until the privatization of the national entity In a…
Global billionaire tax could yield $250bn annually
$13 trillion in wealth owned by the 2,700 billionaires globally, the research group hosted at the Paris School of Economics…
IMF projects Pakistan economy to grow at 2.5pc in 2024
IMF painted a bleak picture of the global economy but said that it was slowly recovering. IMF projects Pakistan economy…
11-month economic slumps ends
Imports fell sharply by 25.3% to $3.95 billion. 11-month economic slumps ends. The Pakistan Bureau of Statistics (PBS) reported an…
IMF ‘rejects’ Pakistan’s Relief Plan on Electricity Bills
Energy minister said that government will have to acquire money to defer the electricity bill of August. The International Monetary…
Geneva flood pledges: Pakistan receives only $1.48bn of $10.9bn
Only $780m disbursed in project financing as of Sep 2023. Geneva flood pledges: Pakistan receives only $1.48bn of $10.9bn. Pakistan…
Shamshad queries FBR on plans to plug Rs9.4tr annual target, revenue gap
Govt focused on addressing Rs1 trillion revenue leakages. Shamshad queries FBR on plans to plug Rs9.4tr annual target, revenue gap….