Govt jacks up petrol price by Rs14.85 per litre
The new prices will be effective from July 1, 2022. ISLAMABAD: The federal government, once again, jacked up the price…
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.
Miftah Ismail says Pakistan could get $2 billion from IMF
IMF Resident Representative to Pakistan said that discussions between the Fund & Pakistan. ISLAMABAD: Finance Minister Miftah Ismail has said…
LPG price increased by Rs10 per kg
Price of commodity is falling in international market but in Pakistan it is on rise: Chairman LPG Association said. ISLAMABAD:…
India & EU resume free trade talks after nine-year gap
EU is India’s second-biggest trading partner after US. NEW DELHI: India and the European Union resumed talks Monday on a…
Pakistan & IMF to strike deal after budget approval
Pakistan requests IMF to enhance programme to $8bn instead of $6bn. ISLAMABAD: The talks between the Pakistani authorities and International…
‘Super tax’: Bloodbath at PSX as KSE-100 index plunges over 2000 points
PM Sharif announces a super-tax of 10 percent on large-scale manufacturers & industries in the country. KARACHI: The Pakistan Stock…
Oil falls more than 2% as investors weigh recession risk
China’s crude oil imports from Russia in May were up 55% from a year earlier & at a record level….
Rupee breaches 211-a-dollar barrier on delay in revival of IMF programme
“Currency will continue to fall until Pakistan manages to strike a deal IMF,” analyst says. KARACHI: The Pakistani rupee remained…
Finance Minister Leghari unveils Rs3.226trn Punjab budget after long delay
Over Rs500bn to be collected under head of provincial receipts. LAHORE: At last, Punjab’s budget was unveiled by Finance Minister…
Rupee Glides to Historic Low of 206.46 Against US Dollar
Rupee has been losing ground due to the balance of payment crisis & falling foreign exchange reserves, traders said. The…