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…
Economy
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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…
CM Murad unveils Rs1.7trn Sindh budget for FY23
15pc increase in salaries of govt employees and 5pc in pensions announced. KARACHI: Sindh Chief Minister Murad Ali Shah on…
Russia becomes India’s 2nd-largest oil supplier
Iraq remained the top supplier to India in May & Saudi Arabia is now third-biggest supplier. ISLAMABAD: Russia has surpassed…
Indonesia to supply palm oil to Pakistan
A total of 2.5 million metric tons of edible oil is being supplied to Pakistan from Indonesia. ISLAMABAD: PM Shehbaz…
US Dollar plunges to all time high in interbank
During Zia ul Haq era, the US Dollar elevated for the first time in the history of Pakistan. KARACHI: Further…
Budget 2022-23: KP Govt increases salaries 16 % & pensions 15 %
First time in KP history 63000 employees are being made permanent, Finance Minister said during budget speech. PESHAWAR: The budget…
Punjab govt employees to get up to 30pc pay raise
Budget was prepared after consultations with political & administrative team, CM Punjab said. LAHORE: Punjab government has announced up to…
Miftah unveils maiden budget with Rs9.5tr outlay
Finance Minister Miftah Ismail says budget focuses on “sustainable and inclusive growth”; Govt sets growth target of 5% ISLAMABAD: Finance…