Aurangzeb expects central bank reserves to be $9-10bn by FY24-end
Islamabad: Minister for Finance and Revenue Muhammad Aurangzeb said that he expected foreign exchange reserves held by State Bank of Pakistan to close this fiscal year at arou...
Pakistan, Saudi Arabia, Uzbekistan sign agreement to enhance investment
ISLAMABAD: In a significant development, Pakistan, Uzbekistan and Saudi Arabia have signed a landmark partnership agreement aimed at promoting investment and trade between the...
Pakistan, Iran vow to boost trade volume to $10bn
Islamabad: Pakistan and Iran have reaffirmed their commitment to bolster bilateral relations across various sectors, aiming to elevate their trade volume to staggering $ 10 bi...
CM Punjab okays provision of 1kv solar kits
LAHORE: Punjab Chief Minister (CM) Maryam Nawaz on Monday okayed the provision of a 1Kv Solar system to 50,000 families in the province. The decision was taken in a meeting ch...
Gold prices decrease in Pakistan
ISLAMABAD: The per tola rate of 24 karat gold decreased by Rs.3,500 and was sold at Rs.248,700 on Monday compared to its sale at Rs.252,200 on the last trading day. The price...
SITE Association opposes hike in POL prices
KARACHI: SITE Association of Industry in press statement declared recent increase in POL prices tragic for industry AND economy as whole and has appealed Prime Minister Shehba...
PM Shehbaz directs to accelerate countrywide anti-smuggling drive
ISLAMABAD: Prime Minister Shehbaz Sharif reiterating resolve to purge country of smuggling directed authorities concerned to accelerate countrywide drive against menace. Chair...
Pakistan's economy shows improvement following IMF standby agreement
International Monetary Fund (IMF) on Friday said that Pakistan’s economy is improving after a $3 billion stand-by arrangement. Addressing a press conference on Regional...
Fuel shortage feared as oil tanker owners announce strike
ISLAMABAD: Oil Tankers Owners Association announced that fuel supply would remain suspended from Tuesday against what it called an ‘injustice’ measurement by autho...
WB to give Dasu project $1bn
ISLAMABAD: World Bank will provide $ one billion loan for 2,160 megawatts Dasu hydropower project-crucial initiative aimed at integrating cheaper electricity into Pakistan's e...
