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…
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.
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….
World Bank urges Pakistan for joint efforts to unlock $2bn funds
Disbursement of $2 billion possible after completion of deliverables. World Bank urges Pakistan for joint efforts to unlock $2bn funds….
Top military brass assures full support in uplifting economy
COAS Asim Munir stressed on maintaining high standards of professionalism and motivation during operations. Top military brass assures full support…
4 million electricity consumers likely to get temporary relief under new plan
Final approval to collect bills in installments to be taken from cabinet. 4 million electricity consumers likely to get temporary…