By Staff Reporter
KARACHI: Pakistan’s central bank said on Friday it has met an end-September deadline for a forward book target of $4.2 billion agreed with the IMF and is comfortably placed to meet others on net international reserves and net domestic assets.
By Staff Reporter
ISLAMABAD: Pakistan’s external borrowing jumped 58 percent in the first quarter of the current fiscal year 2023-24, as the country sought to bolster its foreign exchange reserves and meet its debt obligations amid a challenging economic situation.
By Staff Reporter
KARACHI: Pak Suzuki Motor Co Ltd, Pakistan’s biggest carmaker, said on Thursday it will consider a proposal by its parent company Suzuki Motor Corp to buy out its minority shareholders and de-list from the Pakistan Stock Exchange (PSX).
By Staff Reporter
ISLAMABAD: Pakistan’s fiscal deficit is expected to exceed the government’s target by more than one percentage point of gross domestic product in the current financial year, the International Monetary Fund (IMF) said on Wednesday.
By Staff Reporter
ISLAMABAD: Pakistan’s Supreme Court on Wednesday upheld a law that gives a panel of three senior judges the authority to regulate the court’s own affairs, including how cases are assigned and which judges hear them.
By Staff Reporter
ISLAMABAD: Pakistan will hire a financial adviser to draft a plan to privatise its money-losing national airline, as part of its fiscal discipline agreement with the International Monetary Fund (IMF).
By Staff Reporter
ISLAMABAD Pakistan’s economy is on track to grow faster than previously forecasted by the International Monetary Fund, despite facing macroeconomic and security challenges.
By Staff Reporter
KARACHI: Mohammad Rizwan and Abdullah Shafique smashed unbeaten centuries as Pakistan pulled off the highest successful run chase in World Cup history, beating Sri Lanka by six wickets in a thrilling Group B match on Tuesday.
By Staff Reporter
ISLAMABAD: Pakistan should increase taxation of high-income earners, especially those who derive income from agriculture and property, and withdraw regressive tax exemptions, the World Bank said.
By Staff Reporter
ISLAMABAD: A special court in will formally charge former Prime Minister Imran Khan and his former foreign minister, Shah Mahmood Qureshi, next week with leaking state secrets, a case that could further erode the political fortunes of the jailed opposition leader.
