Pakistan POF showcases new products at IDEAS-2022 KARACHI: POF has showcased new products in IDEAS-2022 being held at Expo Centre Karachi. POF has launched 125 ... Published 18 Nov, 2022 05:53am
Pakistan Rs12.20bn aid being given to 55,400 flood victims, says CM LAHORE: Announcing that a total of Rs12.20 billion in aid is being given to 55,400 flood victims, Chief Minister... Published 18 Nov, 2022 05:53am
Print Staff-level mission date not finalised: IMF wants required adjustments Political situation is also one of the factors behind delay in fielding a staff-level mission by the IMF Updated 16 Nov, 2022 11:17am
Business & Finance ADB country director meets Wapda chief LAHORE: Asian Development Bank (ADB) Country Director Yong Ye called on Chairman Wapda Lt Gen Sajjad Ghani (retd) to... Published 15 Nov, 2022 06:28am
Pakistan Sindh subjected to worst shortage despite providing 60pc of local gas: Wahab KARACHI: Administrator Karachi Murtaza Wahab has noted that despite contributing 60 percent of the total domestic... Published 13 Nov, 2022 03:03am
Markets Alarm bells: SBP-held foreign exchange reserves plunge $956mn, stand at $7.96bn Decrease attributed to external debt servicing SBP says refinancing of loans in process, will improve foreign exchange reserves in coming weeks Published 10 Nov, 2022 07:04pm
Print Economic crisis: AIIB to give us $500m to counter social fallout ISLAMABAD: Pakistan will receive $500 million as co-financing for the BRACE development program from the Asian... Updated 10 Nov, 2022 09:09am
Business & Finance SBP to receive $500mn from AIIB in November: Ishaq Dar Finance Minister says Asian Infrastructure Investment Bank board approved the funding today Updated 09 Nov, 2022 09:03pm
Business & Finance ADB provides Pakistan $100mn to improve KPK healthcare sector Funds will be used to modernise infrastructure and equipment as well as improve human resources planning and medicine supply chain management Updated 04 Nov, 2022 07:48pm
Markets Rupee largely stable, settles at 221.92 against US dollar Currency improves 0.01% in inter-bank market on Friday Updated 04 Nov, 2022 08:35pm
Opinion Debt rescheduling challenge The country is going through a very difficult balance of payment (BoP) situation. The core of the problem is growing... Published 31 Oct, 2022 06:23am
Pakistan Rehabilitation: PM asks using resources on emergency basis ISLAMABAD: Prime Minister Shehbaz Sharif presided over a review meeting regarding the rehabilitation of flood ... Published 29 Oct, 2022 05:55am
Business & Finance Forex reserves fall by $89m KARACHI: The country’s liquid foreign exchange reserves fell by $89 million during last week. The total liquid... Published 28 Oct, 2022 06:59am
Markets Rupee records back-to-back losses, settles at 221.5 against US dollar Depreciates 0.37% in inter-bank market, spread with open market widens Updated 27 Oct, 2022 09:09pm
Print Release of $1.5bn by ADB confirmed ISLAMABAD: Finance Minister Ishaq Dar Wednesday maintained that Asian Development Bank (ADB) disbursed $1.5 billion... Updated 27 Oct, 2022 10:55am
Pakistan Forex boost: SBP receives $1.5bn from ADB, says Dar Funds part of ADB's response package to support Pakistan in the wake of recent floods Updated 26 Oct, 2022 08:55pm
Opinion Emerging economic stability The balance of payments (BOP) for the first quarter Jul-Sep is encouraging for the stability of the economy. There... Published 26 Oct, 2022 05:52am
Editorials Is there any way to ease economy’s travail? EDITORIAL: The Ministry of Finance is reportedly stumped as to where to arrange the resources required to fund the... Published 26 Oct, 2022 05:52am
Print Countercyclical support facility loans: Project risks identified by ADB Documents reveal that Pakistan meets all the criteria required to access ADB’s countercyclical support facility Updated 25 Oct, 2022 10:01am
Business & Finance $1.5 billion BRACE programme will provide timely liquidity to Pakistan: ADB Officials say funding will also allow govt to roll out relief and recovery package to flood victims Updated 24 Oct, 2022 07:28pm
Opinion What went wrong? The post-floods growth scenario has become controversial with International Monetary Fund (IMF) and the Asian... Published 24 Oct, 2022 05:45am
Editorials PM’s visit to China at critical juncture EDITORIAL: Preparations are underway for the forthcoming maiden visit of Shehbaz Sharif to China as the Prime... Published 24 Oct, 2022 05:45am
Print ADB board approves $1.5bn financing ISLAMABAD: The Asian Development Bank (ADB) has approved $1.5 billion in financing to help the government of ... Updated 22 Oct, 2022 09:44am
Print Q1 govt external borrowing climbs to $2.234bn Contrary to past practices, the EAD has also listed the loans taken from the IMF Updated 22 Oct, 2022 11:50am
Pakistan ADB approves $1.5bn financing for Pakistan amid floods, supply-chain disruptions Loan will be utilised to fund government’s $2.3 billion countercyclical development expenditure programme Updated 21 Oct, 2022 05:13pm
Pakistan Pakistan has low participation of female labour force: ADB ISLAMABAD: Pakistan has one of the lowest rates of female labour force participation in Asia, says the Asian... Published 21 Oct, 2022 06:57am
Print Continued global support sought at US roundtable moot: PM to announce flood recovery plan on 24th ISLAMABAD: Pakistan has emphasised the need for continued support from the international community, in the... Updated 16 Oct, 2022 10:19am
Print Award of contracts in PKR: NHA directed to revisit RfP and consult ADB Board ISLAMABAD: The National Highways Authority (NHA) Executive Board has directed the authority to revisit the request... Published 14 Oct, 2022 03:39am
Opinion Money market and debt management Money market has been behaving quite unusually. The standard theory suggests the yield curve on the bills and bonds... Published 12 Oct, 2022 05:46am
Pakistan Dar leaves for US to hold meetings with IMF, World Bank Federal Minister for Finance and Revenue Ishaq Dar left for the United States on Tuesday for talks with the... Updated 11 Oct, 2022 06:48pm
