Pak economy starts rapid recovery: SBP
KARACHI: Pakistan’s economy is on the path of steady recovery after absorbing the shocks of COVID-19 pandemic as a result of the efforts and initiatives taken by the government for…
Economy back on growth path, no debt rise in past 4 months: Hafeez
ISLAMABAD: Asserting that economy was steered back on growth path, Advisor to Prime Minister on Finance, Dr. Abdul Hafeez Shaikh said Tuesday that there was no increase in country’s debt…
Prudent economic policies leading country toward stability: Hafeez
ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh Tuesday said that despite internal and external challenges, the combined impact of various progressive economic indicators show…
PM says Pak economy was improving prior to Virus-Crisis
ISLAMABAD: Prime Minister Imran Khan has claimed today that Pakistan's economy was improving prior to the coronavirus pandemic, duly recognized by international credit rating agencies and its exports were now…
Pakistan faced Rs. 3 trillion loss due to COVID-19: Hafeez Shaikh
ISLAMABAD: Addressing a post-budget press conference here today, Advisor to Prime Minister on Finance Hafeez Shaikh has said that the incumbent government paid billions of rupees in interests for the…
No external pressure to be accepted on CPEC: Bajwa
ISLAMABAD: Chairman China-Pakistan Economic Corridor (CPEC), Lieutenant General (retd.) Asim Saleem Bajwa has said that the multi-billion dollar project was in the best interest of the country and no external…
Ahsan Iqbal 1
Govt ‘not serious’ about legislation on COAS extension matter: Ahsan Iqbal
LAHORE: Pakistan Muslim League Nawaz (PML-N) leader Ahsan Iqbal has claimed that the government was not showing any serious attitude regarding the matter of extension in Army Chief General Qamar…
IMF
Pakistan’s growth rate to pick up after 2020: IMF
WASHINGTON: IMF has predicted that Pakistan's economy would commence turning around and growth rate would pick-up after 2020. According to IMF Pakistan’s primary deficit will turn positive one per cent…
Banking sector being converted to digitisation: Governor SBP
KARACHI: The Governor of the State Bank of Pakistan (SBP) Dr Reza Baqir has said that the administration was making efforts to promote bank sectors and convert the system to…
Pakistan’s economy not shrinking: Finance division
ISLAMABAD: Finance Division rubbished the impression that Pakistan's economy was shrinking and said that it was not correct and the economy was 'all good'. The division said that the impression…
IMF Pakistan
IMF projects Pakistan’s economic growth at 2.4 pc in FY2019-20
ISLAMABAD: While acknowledging that "Pakistan’s economic program is off to a promising start", the International Monetary Fund (IMF) mission said the near-term macroeconomic outlook was broadly unchanged from the time…
Imran Khan 2
Ease of doing business ‘must for accelerating economy’: PM
ISLAMABAD: Prime Minister Imran Khan has said that the incumbent government was giving top priority to ease of doing business as it was must for accelerating economic activity. "Government was…
sbp
State Bank to issue banknotes with Reza Baqir’s signature
ISLAMABAD: The State Bank of Pakistan will start issuing banknotes bearing the signature of SBP Governor, Dr. Reza Baqir with effect from Friday (August 30) from the field offices of…
Pakistan-Uzbekistan trade ties to scale new heights: Envoy
ISLAMABAD: Highlighting the strengthening economic ties between Pakistan and Uzbekistan, ambassador of Uzbekistan Furqat A Sidikov Wednesday said that Uzbekistan is the biggest trading partner of Pakistan in Central Asia…
Reza Baqir
Pakistan’s economic condition has improved: Dr Reza Baqir
ISLAMABAD: State Bank of Pakistan Governor Dr Reza Baqir, while addressing a press conference here, has said that Pakistan’s economic condition was improving due to the positive policies taken by…
Imran Khan 3
Govt taking bold decisions to put economy back on track: PTI leader
ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader Nuzhat Pathan Wednesday said the incumbent government was taking bold decisions to put the country's economy back on right track. In an interview, she said…
Trade data shows key indicators moving in right direction
ISLAMABAD: The policy interventions by the government are bearing fruit and recent trade data shows that key indicators are moving in the right direction. In an interview, adviser and spokesperson…
senate of pakistan
Senate makes 55 recommendations for inclusion in Finance Supplementary bill
ISLAMABAD: The Senate on Friday adopted recommendations of its Standing Committee on Finance, Revenue and Economic Affairs that the three percent share of National Finance Commission Award should be given…
Foreign reserves of the country recorded at US 13257.2 million
Foreign reserves of the country recorded at US$ 13,257.2 million
ISLAMABAD: The total liquid foreign reserves held by the country was recorded at US$ 13,257.2 million on January 18, as foreign reserves held by the State Bank of Pakistan stood at…
Moodys
Pakistan’s external debt will increase to $79 billion by June-end: Moody’s
KARACHI: Credit rating agency Moody’s kept Pakistan’s B3 rating with a stable outlook in a recent analysis, saying strong growth performance, fiscal deficit reduction and improved inflation dynamics underpin the…
Pakistan Economy Watch says falling exports can result in another IMF loan
ISLAMABAD: The Pakistan Economy Watch (PEW) has warned that continued fall in exports since three years despite efforts of the government and private sector will result in another IMF loan.…
Ishaq Dar
FPCCI delegation calls on Finance Minister in Islamabad
ISLAMABAD: A delegation of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) called on Finance Minister Ishaq Dar in Islamabad today (Tuesday). The meeting reviewed the mechanism for tax…