KARACHI: Pakistan is seeking to increase its imports from the United States and eliminate non-tariff barriers in an effort to mitigate the impact of high tariffs imposed by President Donald Trump.
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Pakistan inflation nears zero in April, deflation looms
KARACHI: The inflation is set to bottom out in April 2025, potentially dipping into deflationary territory, as a sharp decline in food and electricity prices drives the Consumer Price Index (CPI) to unprecedented lows, a brokerage report said in Monday.
Pakistan, Afghanistan agree to curb cross-border militancy in rare high-level talks
By Staff Reporter ISLAMABAD: Pakistan and Afghanistan pledged on Saturday to prevent militant groups from using their territories for cross-border attacks, marking a potential breakthrough
Dar heads to Kabul for security talks amid militant attack row
By Staff Reporter
ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar will travel to Kabul on Saturday for talks dominated by security concerns and efforts to reset relations after months of strain, officials said, as Islamabad presses Afghanistan’s Taliban administration to curb cross-border militant attacks it blames for surging violence.
Pakistan relaunches PIA privatization with fresh bid call next week
By Staff Reporter
ISLAMABAD: The government will invite fresh bids next week to privatize Pakistan International Airlines Corp. (PIA), the privatization ministry said on Thursday, doubling down on efforts to sell the debt-strapped flag carrier after a failed first attempt drained $4.3 million in public funds.
Pakistan eyes US cotton, soybean buys to avoid Trump tariffs
By Staff Reporter
KARACHI: Pakistan plans to sharply increase imports of cotton and soybean from the United States to cut its bilateral trade surplus in half and sidestep steep tariffs imposed by President Donald Trump, Bloomberg reported on Wednesday.
Govt spurns fuel price cuts, channels saving to Balochistan projects
By Staff Reporter
ISLAMABAD: The government has decided against lowering local petroleum prices despite a recent drop in global oil prices, opting instead to channel the savings into major infrastructure projects in Balochistan, the Prime Minister’s House said on Tuesday.
Pakistan rules out retaliation against Trump tariffs, signals diplomacy push
By Staff Reporter
ISLAMABAD: Pakistan will not retaliate against tariffs proposed by US President Donald Trump’s administration, Finance Minister Muhammad Aurangzeb said on Monday, even as analysts warn the delayed levies threaten to destabilise the South Asian nation’s fragile export economy.
Pakistan eyes PIA sales relaunch after 21-year profit drought ends
By Staff Reporter
ISLAMABAD: The government will seek fresh expressions of interest for the sale of Pakistan International Airlines (PIA) later this month, a move spurred by the national carrier’s first annual profit in over two decades, signaling a potential turning point in the country’s long-stalled privatization efforts.
Pakistan’s growth seen inching up to 3pc in FY26 as IMF reforms gain traction
By Staff Reporter
ISLAMABAD: Pakistan’s economy is showing tentative signs of stabilisation and recovery as reforms under an International Monetary Fund program begin to curb inflation and revive growth, though structural challenges and global trade risks persist, the Asian Development Bank (ADB) said on Wednesday.