Pakistan approves plan to import 300,000-tonne wheat from Russia
Pakistan to buy wheat at cost of $372 per tonne. ECC approves jacking up revised margins of OMCs. Pakistan approves…
Economy
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ADB credits $1.5 billion to SBP’s account, Dar says
ADB says recovery from COVID-19 impeded by external shocks. ADB credits $1.5 billion to SBP’s account, Dar says. Finance Minister…
Pakistan convinces Saudi Arabia to set up $12bn refinery, petrochemical complex
Saudi Arabia to establish state-of-the-art refinery in Hub. Pakistan convinces Saudi Arabia to set up $12bn refinery, petrochemical complex. The…
On Pakistan’s exit from grey list, business community sees promising economic future
Business community says development would attract foreign direct investment, promote export, and improveg credit ratings On Pakistan’s exit from grey…
US encourages Pakistan to continue anti-money laundering efforts
The US welcomes FATF decision to remove Pakistan from grey list. US encourages Pakistan to continue anti-money laundering efforts. The…
Current account deficit shrinks 37% to $2.2bn in first quarter of FY23
Decline in petroleum imports main reason behind decrease. Current account deficit shrinks 37% to $2.2bn in first quarter of FY23….
ADB assures Pakistan to approve $1.5bln for BRACE
Finance Minister thanked the President ADB for support provided over the years. ADB assures Pakistan to approve $1.5bln for BRACE….
Pakistan seeks rescheduling of $27bn bilateral debt: Ishaq Dar
Dar rules out possibility of default on Pakistan’s debt. Pakistan seeks rescheduling of $27bn bilateral debt: Ishaq Dar. Pakistan’s new…
How much crude oil does the EU still import from Russia?
The UK has already stopped importing Russian crude following Moscow’s invasion of Ukraine. How much crude oil does the EU…
SBP maintains policy rate at 15pc
Higher food prices could raise average headline inflation in FY23. SBP maintains policy rate at 15pc. The State Bank of…