The International Monetary Fund (IMF) said on Thursday that decisions regarding the constitutionality, feasibility and timing of provincial and general elections “rest solely with Pakistan’s......
Amid unprecedented inflation and trickling incomes, residents of Karachi facing yet another challenge this Ramazan: gas supply cuts.Major complaints regarding gas load-shedding and shortages have......
Prime Minister Shehbaz Sharif on Wednesday inaugurated two coal-fired power plants in Tharparker with a capacity of 1,650 megawatts (MW) of electricity generation, saying that the projects would turn......
The government on Wednesday shared its strategy for the recently-announced fuel subsidy program, which is to be implemented in three phases and will “provide a relief of up to Rs50 per litre to the......
Sri Lanka’s president warned Wednesday of more economic pain to come for the crisis-hit nation, with strict austerity measures needed to restore its ruined finances after an IMF bailout deal.The......
Sri Lanka will get the first $330 million tranche of an International Monetary Fund (IMF) bailout in the next two days, the global lender said on Tuesday, putting the onus on the cash-strapped......
Minister of State for Petroleum Musadik Masood Malik said on Monday that the government will charge Rs100 more for petrol from the affluent so that relief could be provided to the low-income segments......
The rupee remained under pressure on Monday, with analysts citing the uncertainty surrounding the revival of an International Monetary Fund (IMF) programme and a lack of confidence in the......
Oil prices fell on Monday to their lowest in 15 months on concerns risks in the global banking sector may cause a recession that would lead fuel demand to decline and ahead of a potential hike in......
Prime Minister Shehbaz Sharif said on Sunday that low-income segments would be given a subsidy of Rs50 per litre under the petroleum relief package.The announcement comes days after the government......
Finance Minister Ishaq Dar announced on Friday that cash-strapped Pakistan had another received $500 million from the Industrial and Commercial Bank of China Ltd (ICBC).Taking to Twitter, Dar said......
Oil prices rebounded by about one per cent on Friday after a meeting between Saudi Arabia and Russia calmed markets amid strong China demand expectations, after a banking crisis sparked a sell-off in......
Pakistan’s foreign exchange reserves held by the central bank rose by $18 million in the week ending on March 10, the State Bank of Pakistan (SBP) said on Thursday.A handout issued by the SBP said......
Finance Minister Ishaq Dar on Thursday asserted there would be “no compromise” on the country’s nuclear and missile programmes as he responded to questions raised by PPP Senator Raza Rabbani.Speaking......
The government on Wednesday increased the price of petrol by Rs5 per litre to Rs272 per litre for the next fortnight, according to a press release from the Finance Division.“In the last fortnight,......
