IEEFA lists challenges to early coal phaseout KARACHI: Pakistan’s tough political-economic circumstances and constrained transmission network present challenges... Published 11 Oct, 2023 03:10am
Print IMF projects 2.5pc growth rate for Pakistan in FY24 ISLAMABAD: The International Monetary Fund (IMF) has projected GDP growth rate for Pakistan at 2.5 per cent for 2024... Updated 11 Oct, 2023 10:56am
Print SME Bank may stay as SIFC seeks a reactivation plan ISLAMABAD: The caretaker government is likely to overturn a decision of Shehbaz Sharif-led government on Small and... Updated 09 Oct, 2023 09:34am
Print IMF, World Bank meetings: Shamshad-led team leaves for Morocco ISLAMABAD: Pakistan’s economic team, led by Caretaker Finance Minister Dr Shamshad Akhtar has departed for Morocco... Updated 09 Oct, 2023 08:42am
Editorials Milking the system for what it is worth EDITORIAL: During a press briefing in Washington DC, Julie Kozack, Director of Communications International Monetary... Published 04 Oct, 2023 06:20am
Print Settlement of employees’ obligations: SME Bank allowed to use available surplus funds ISLAMABAD: Finance Division has given its concurrence to allow SME Bank to utilise available surplus funds and... Updated 02 Oct, 2023 09:59am
Opinion Power sector controversy: take-or-pay contracts Energy prices have increased tremendously which has created controversy and unrest in the country. IPP contracts are... Published 28 Sep, 2023 05:33am
Print Contracts with IPPs, tariffs and ‘SOFR’: ECC tells PD to analyse impact of change, financial implications ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed the Power Division to analyze... Updated 28 Sep, 2023 10:18am
Business & Finance Jul-Aug period: Borrowing from multiple financing sources stands at $3.206bn ISLAMABAD: The country borrowed $3.206 billion from multiple financing sources during the first two months... Updated 27 Sep, 2023 10:31am
Editorials Pakistan: growth projections EDITORIAL: Asian Development Bank (ADB) in its regular publication Asian Development Outlook lowered Pakistan’s... Published 25 Sep, 2023 06:34am
Opinion Elusive macroeconomic stability In a recent statement reportedly, interim finance minister Dr Shamshad Akhtar indicated that there were signs of... Published 22 Sep, 2023 03:40am
Print ADB revises growth downward to 1.9pc: Inflation revised upward to 25pc from 15pc ISLAMABAD: The Asian Development Bank (ADB) has revised Pakistan’s GDP growth forecast for the fiscal year 2024 down... Updated 21 Sep, 2023 09:37am
Pakistan Downward revision: ADB sees Pakistan’s GDP growth to ‘recover modestly’ to 1.9% in FY24 Prospects closely tied to steadfast and consistent implementation of policy reforms to stabilise economy and rebuild fiscal, external buffers, it says Updated 20 Sep, 2023 10:56pm
Business & Finance Talks under way with WB, ADB to sort out issues pertaining to Discos, says energy minister ISLAMABAD: Caretaker Minister for Energy, Muhammad Ali said on Friday that Power Division is in discussions with the... Updated 16 Sep, 2023 09:28am
Business & Finance AsiaPak Investments seeks to convert Jamshoro plant into Thar coal KARACHI: AsiaPak Investments which claimed to have acquired around 54 percent shares in K-Electric (KE) has... Updated 12 Sep, 2023 09:33am
Print Finance minister says govt to go for rollover of deposits Says it was important to remove import restrictions across the board since Pakistan was an import-intensive country Updated 09 Sep, 2023 02:30pm
Print Stage-II of Kurram Tangi Dam Project: Wapda inks Rs776.3m consultancy contract with JV of four firms LAHORE: The Pakistan Water and Power Development Authority (Wapda) signed an agreement worth Rs 776.3 million to a... Updated 02 Sep, 2023 09:22am
Pakistan Need stressed for a viable flood management plan ISLAMABAD: Caretaker Federal Minister for Water Resources Ahmad Irfan Aslam, Tuesday, while stressing the need for a... Published 30 Aug, 2023 03:33am
Pakistan Punjab cabinet decides to fill post of president PPCBL LAHORE: The Punjab caretaker cabinet, which met with Chief Minister Punjab Mohsin Naqvi in the chair, decided to ... Published 26 Aug, 2023 06:13am
Print Inflows improved in July: IMF SBA gives comfort level to multilaterals, bilaterals: MEA officials ISLAMABAD: The staff level agreement on the Stand-By Arrangement (SBA) with the International Monetary Fund (IMF)... Updated 23 Aug, 2023 10:17am
Print $2.89bn borrowed from multiple financing sources in July ISLAMABAD: The country borrowed $2.890 billion from multiple financing sources during the first month (July) of the... Updated 22 Aug, 2023 09:12am
Business & Finance ‘ADB committed to continue support economic revival’ LAHORE: Asian Development Bank (ADB) is committed to continue to support Pakistan's economic revival and development... Updated 19 Aug, 2023 09:57am
Pakistan ADB delegation meets CM LAHORE: A delegation led by Jingmin Huang, Director of the Water and Urban Development Sector at the Asian... Published 18 Aug, 2023 05:42am
Print BRACE report lists factors leading to greater poverty ISLAMABAD: Rising inflation, particularly food inflation (highest in the history of Pakistan), increase in... Updated 11 Aug, 2023 09:29am
Opinion How to galvanise our exports If we can start from an economic policy perspective, policymakers are asking the wrong question: how to increase... Updated 09 Aug, 2023 06:27am
Print Flood relief: $10.33bn loans, $550m grants received ISLAMABAD: Pakistan has received $ 10.33 billion out of $ 10.953 billion as loans and $ 550.4 million in grants for... Updated 01 Aug, 2023 09:14am
Business & Finance Country receives $4.4bn from WB, ADB in FY2022-23 ISLAMABAD: Pakistan received $ 4.4 billion from the World Bank and Asian Development Bank (ADB) in the fiscal year... Published 28 Jul, 2023 03:02am
Business & Finance Developing Asia on track to grow faster in 2023: ADB MANILA: Developing Asia is on track to grow faster in 2023 from a year earlier as strong consumption and investment... Published 24 Jul, 2023 06:11am
Opinion PARTLY FACETIOUS: Sincere ignorance and conscientious stupidity “Martin Luther King said nothing in the world is more dangerous than sincere ignorance and conscientious... Published 21 Jul, 2023 06:38am
Markets 5th consecutive fall: rupee settles at 285.15 against US dollar Currency depreciates 0.47% in inter-bank market Updated 20 Jul, 2023 09:02pm
