By Staff Reporter
ISLAMABAD: Iran and Pakistan have agreed to “expeditiously finalise” a free trade agreement (FTA) aimed at boosting economic cooperation between the two nations, despite a warning from the United States about the risks of doing business with Tehran.
By Staff Reporter
KARACHI: Pakistan’s current account surplus surged to its highest level since 2015, providing a rare bright spot for the struggling economy as it seeks a new bailout from the International Monetary Fund.
By Staff Reporter
ISLAMABAD: The International Monetary Fund’s (IMF) Executive Board will meet on April 29 to finalise its last review of Pakistan’s $3 billion Stand-By Arrangement (SBA), despite the country’s absence from the Fund’s public calendar.
By Staff Reporter
ISLAMABAD: Iran and Pakistan signed eight agreements on Monday, including a security cooperation pact, as they sought to strengthen ties and boost trade to $10 billion, Iranian President Ebrahim Raisi said.
The signing took place during Raisi’s three-day visit to Islamabad, which began on Monday.
By Staff Reporter
ISLAMABAD: Finance Minister Muhammad Aurangzeb said on Saturday that the process of privatising Pakistan International Airlines (PIA) will be finalized by the end of June or early July, with Islamabad airport potentially following suit shortly after, Dawn newspaper reported.
By Staff Reporter
ISLAMABAD: Iran’s President Ebrahim Raisi is set to visit Pakistan from April 22-24, marking his first state visit since Pakistan’s general elections in February 2024, Pakistan’s foreign office said on Sunday.
By Staff Reporter
KARACHI: The International Monetary Fund (IMF) has forecast a 2 percent GDP growth for Pakistan in the current fiscal year, marking a recovery from the previous year’s -0.2 percent downturn.
By Staff Reporter
ISLAMABAD: Saudi Foreign Minister Faisal bin Farhan Al Saud on Tuesday pledged to enhance economic collaboration with Pakistan, saying “very, very positive” investment-focused discussions were held during his recent visit to Islamabad.
Monitoring Desk
ISLAMABAD: Finance Minister Muhammad Aurangzeb, speaking at the Atlantic Council in Washington, D.C., emphasized the importance of implementing current strategies over gathering policy advice to achieve economic stability, Dawn newspaper reported on Tuesday.
By Staff Reporter
ISLAMABAD: The government has raised fuel prices by 1.57 percent for petrol and 2.88 percent for high-speed diesel (HSD), effective until April 30, amidst fluctuations in the international oil market.
