By Staff Reporter
ISLAMABAD: The IMF is yet to disclose the exact size of the renewed loan programme though it did mention in its Memorandum of Economic and Financial Policies (MEFP), handed to Pakistan early on Tuesday, about extending its time frame.
By Staff Reporter
ISLAMABAD: Ishaq Dar, the former and believed by some to be the de facto finance minister is said to be coming home in July 2022 to first win a court battle and then join the federal cabinet to replace Miftah Ismail, the incumbent economic executive, it is learnt.
By Staff Reporter
KARACHI: Multinational companies’ (MNCs) profit and dividends on their investment rose by 6.95 percent in the first 11 months of current fiscal year, the central bank data showed on Monday.
By Staff Reporter
ISLAMABAD: Voicing its strongest condemnation, the Foreign Office (FO) on Monday said Pakistan’s participation in a virtual High-Level Dialogue on Global Development on the sidelines of BRICS meetings was barred by a member country with a mala fide intent.
By our correspondent
ISLAMABAD: The government on Monday signed a debt service suspension agreement with France amounting to suspension of loan worth $107 million, under the G-20 Debt Service Suspension Initiative (DSSI) framework.
By Staff Reporter
ISLAMABAD: Prime Minister Shehbaz Sharif has tacked together a powerful new panel that brings together federal ministers, lawmakers, and business tycoons to join heads for the promotion of commercial activities in the country, a statement said on Monday.
By Staff Reporter
ISLAMABAD: Inflationary fires are set to get worse as the government is weighing slapping Rs10/litre Petroleum Levy on fuels from July 1 as the IMF insists it is critical to cut a staff-level deal for the resumption of a suspended loan, Independent Pakistan has learnt.
By Naveed Naqvi
ISLAMABAD: Come July 1, the price of electricity – that ubiquitous and most essential utility of our time – will climb even higher for households and businesses across much of Pakistan.
By Staff Reporter
KARACHI: At least two people were killed, and several dozens were injured on Sunday after rival political parties contesting first phase of local government elections in Sindh fired guns and scuffled, police said.
By Staff Reporter
ISLAMABAD: Ouster prime minister Imran Khan called on his supporters to stage a protest in Parade Ground, a week from now on July 2, of the capital to force the government to hold new elections.
