Economy
China rolls over $2 billion loan to Pakistan
China has rolled over its safe deposit of $2 billion with Pakistan on the existing terms as Islamabad’s foreign exchange...
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Work on Dasu hydropower, Islamabad sub station commenced
The Senate Standing Committee on Power Division on Wednesday informed that work on all three lots including Dasu Hydropower Project,...
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PM Shehbaz formed committee to transfer DISCOs to province
Prime Minister (PM) Shehbaz Sharif has constituted a 13-member committee to work out transferring the power distribution companies (DISCOs) to...
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Pakistan, China agree to expand political, economic cooperation
Pakistan and China have reviewed the entire spectrum of bilateral relations and agreed to expand and reinforce political and security...
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IMF rejects govt’s proposal to increase BISP coverage
The government’s efforts to provide relief to the masses received a jolt when the International Monetary Fund (IMF) rejected the...
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SBP receives $500mln from Chinese bank
Finance Minister Senator Ishaq Dar on Friday said that the State Bank of Pakistan (SBP) received $500 million from Chinese...
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Pak Suzuki shuts motorcycle production till end March amid inventory shortage
Pak Suzuki Motor Company (PSMC) on Friday announced the shutdown of its motorcycle plant from March 20 to March 31...
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Army set to initiate ‘corporate farming’ on 45,267 acres in Punjab
The Punjab government has allocated over 45,000 acres of land to the Pakistan Army for a “Corporate Agriculture Farming” project...
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Consumer price inflation in Pakistan second highest in South Asia: World Bank
The consumer price inflation for food items in Pakistan was 45.1 percent in February 2023 on a year-on-year basis –...
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US envoy & willing to cooperate with Pakistan over the IMF deal
US Ambassador to Pakistan Donald Blome wished for an agreement between Pakistan and the International Monetary Fund (IMF) that would...
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