In relief for Pakistan, South Korea defers loan worth millions
May 15, 2023
Pakistan has already concluded and signed 104 agreements with 21 bilateral creditors for the deferment of its debt rep…
Showing posts with the label BusinessShow all
US not against Pakistan-Russia oil deal
April 26, 2023
"Each country is going to make its own sovereign decisions as it relates to its energy supply," US State Dep…
Ishaq Dar hopes IMF will soon sign deal with Pakistan as 'all conditions fulfiled'
April 24, 2023
Saudi Arabia and UAE have assured their commitments to provide $3 billion to Pakistan, says Dar source https://www.t…
Railways, PIA reduce fares for domestic travel on Eid ul Fitr
April 22, 2023
Railways and aviation minister says reduction announced for four days from April 22 source https://www.thenews.com.p…
Summary on poll funds to be presented in cabinet as SC deadline ends today
April 17, 2023
SBP informs NA panel that it has allocated Rs21bn for ECP on SC directives; it does not have authority to release fund…
Pakistan secures UAE's confirmation for unlocking IMF deal
April 13, 2023
“UAE authorities have confirmed to IMF for their bilateral support of [$1] billion to Pakistan,” Dar announces sourc…
Pakistan's debt sustainable, says IMF
April 13, 2023
IMF requires Pakistan to provide an assurance that its balance of payments deficit is fully financed for the fiscal ye…
US think tank says Pakistan faces 'real danger' of defaulting on its debt
April 07, 2023
USIP report says if Pakistan defaults there will be a “cascade of disruptive effects” source https://www.thenews.com…
Oil prices soar almost 6% after OPEC+ output cut
April 03, 2023
OPEC oil cuts will fan fresh fears of inflation and put more pressure on central banks to hike interest further sour…
Pakistan welcomes removal from EU list of high-risk countries
March 29, 2023
Pakistan appreciates the EU's decision and views it as a positive move towards acknowledging the country's eff…
Petrol price in Pakistan expected to drop in next fortnightly review
March 29, 2023
The price of diesel is likely to decline by Rs15-20 per litre, according to estimates of oil marketing companies sou…
Russian crude oil to arrive in Pakistan next month
March 17, 2023
As new rate yet to be ascertained, earlier govt was trying to procure Russian crude oil at around $50 per barrel sou…
Saudi could invest in Iran 'very quickly': finance minister
March 15, 2023
"I think that there are a lot of opportunities in Iran, and we provide a lot of opportunities for them," Sau…
Govt fixes cotton intervention price at Rs8,500 per 40kg
March 14, 2023
Move aims to bring stability to domestic market and assure a fair return to farmers source https://www.thenews.com.p…
Ex-finance minister sees economy in 'trouble for next few months'
March 11, 2023
Miftah claims real issue is that “IMF doesn’t trust finance ministry" source https://www.thenews.com.pk/latest/…
Pakistan business delegation to participate in Bangladesh Business Summit
March 10, 2023
More than 200 business leaders from 17 countries are expected to participate in Bangladesh Business Summit source ht…
Silicon Valley Bank's collapse sends shockwaves through global banking industry
March 10, 2023
US authorities swooped in and seized the assets of SVB, a key lender to US startups since the 1980s source https://w…
Pakistan receives $500mn from Chinese bank
March 03, 2023
ICBC approves rollover of $1.3bn facility; amount to be disbursed in three instalments source https://www.thenews.co…
How much debt does Pakistan have to repay by June 2023?
March 02, 2023
Pakistan is desperately trying to convince IMF to release an overdue tranche of $1.1bn to unlock open other financial …
Latest petrol price in Pakistan
February 28, 2023
Coalition government has slashed price of petrol for next fortnight, taking it to Rs267 per litre source https://www…
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