Rupee recovery hinges on IMF review next week
KARACHI: The Pakistani rupee is likely to make a recovery of some of its losses against the US dollar next
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Economy
ECC approves Rs8bn grant for cash-strapped PIA to meet emergency needs
ISLAMABAD: The Economic Coordination Committee (ECC) of the federal cabinet has approved Rs8 billion from the resources of the Civil
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SIFC directs Petroleum Division to remove hurdles in Qatar’s LNG terminal investment
ISLAMABAD: The Special Investment Facilitation Council (SIFC) has directed the Petroleum Division to remove hurdles in the $200 million Qatari
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Four Pakistani banks fined over Rs83m for violating laws
KARACHI: The State Bank of Pakistan (SBP) fined United Bank Limited (UBL), The Bank of Punjab (BoP), JS Bank Limited
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IMF team to visit Pakistan for first review talks on Nov 2
An International Monetary Fund (IMF) delegation is scheduled to visit Pakistan for talks regarding the initial assessment of the country’s
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Govt drops gas bomb as tariff hiked up to 193%
ISLAMABAD: The government on Monday finally okayed a massive hike in gas tariff, giving a massive blow to the inflation-weary
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IMF condition: ECC set to green light gas tariff hike today
ISLAMABAD: The Economic Coordination Committee (ECC) will meet today (Monday) to green-light the plan to hike the gas tariff, a
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Rupee likely to remain range-bound until IMF review
KARACHI: Rupee is likely to remain range-bound, trading at 275 to 285 per US dollar until at least the International
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SBP likely to hold policy rate at 22% after ease in inflation
KARACHI: The State Bank of Pakistan’s key interest rate is likely to remain unchanged this month at 22%, as inflation
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Govt to only finance important projects for provinces: SIFC
ISLAMABAD: The Special Investment Facilitation Council (SIFC) has decided to only finance extremely important development projects in the provinces with
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