By Naveed Naqvi
ISLAMABAD: Russia on Friday agreed to supply crude oil and oil products to Pakistan, with technical details of the deal to be finalized by March and Islamabad will pay for the imports in currencies of ‘friendly countries’, officials of both the countries said.
Central bank governor Jameel Ahmad said the country will see dollar inflows in the coming days after funding commitments from the Middle East.
By Staff Reporter
KARACHI: Pakistan’s current account (C/A) deficit narrowed sharply in the first half of the current fiscal year amid dollar shortages in the country to fund imports of goods, central bank data showed on Wednesday.
By Staff Reporter
KARACHI: Foreign direct investment in Pakistan plunged 59 percent in the first six months of fiscal 2022/23 as the country’s economic crisis bit into capital inflows, according to data released by the central bank on Wednesday.
The Russian delegation is in Pakistan for a meeting of the high-powered Pakistan-Russia Intergovernmental Commission on Trade, Economic, Scientific and Technical Cooperation. By Naveed Naqvi.
Khyber Pakhtunkhwa Assembly has now become the second provincial legislature to be dissolved in Khan’s bid to force snap polls. By Naveed Naqvi.
Terrorists used Iranian soil to ambush a Pakistani border patrol in the Panjgur district of the southern Balochistan province which shares a long border with the western neighbour. By Naveed Naqvi.
Karachi’s leading power distributor says it is ready to reimburse consumers PKR 10.262/unit on account of lower international fuel prices. By Naveed Naqvi.
By Naveed Naqvi
ISLAMABAD: The Election Commission of Pakistan (ECP) on Tuesday de-notified 35 lawmakers belonging to former prime minister Imran Khan’s Pakistan Tehreek-e-Insaf (PTI) party after National Assembly’s speaker Raja Pervez Ashraf accepted their long-pending resignations.
By Staff Reporter
ISLAMABAD: The chief minister of Pakistan’s Khyber Pakhtunkhwa province on Tuesday sent a summary for the dissolution of the assembly to the provincial governor in a latest push to force the coalition government of Prime Minister Shehbaz Sharif to hold early general elections.
