Finance
PKR extends gains against dollar, rises Rs1.40 as govt closes in on IMF tranche
The rupee strengthened against the US dollar in interbank trade on Thursday morning, appreciating more than Re1. This is being...
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Cut-Off Yield on Treasury-Bills Down Up to 15 BPS
The cutoff yields on Treasury Bills (T-Bills) were lower by 2-15 basis points (bps) in the auction of the paper...
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Current account deficit-CAD widened to $15bn in 11 months
The State Bank of Pakistan's (SBP) latest data shows that the current account deficit (CAD) sharply widened to $15.2 billion...
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Talks to sign Pak-GCC trade agreement at advanced stage
The president of the Federation of Pakistan Chambers of Commerce and Industry said negotiations to sign a Pak-Gulf Cooperation Council...
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FBR Crosses Rs. 6 Trillion in Tax Collection for the First Time
The Federal Board of Revenue (FBR) has collected Rs. 6,000 billion against the budgeted target of Rs. 5,829 billion set...
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Current Account Deficit Hits $1.4 Billion In May: SBP
The State Bank of Pakistan (SBP) released data on Tuesday showing that Pakistan's current account deficit (CAD) has widened to...
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Pakistan could receive up to $2b from IMF, says PM Shehbaz
The prime minister was addressing the 'Turnaround Pakistan' conference organised by the Ministry of Planning and Development when he received...
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Pakistan’s fuel oil imports hit four-year high in June
According to Refinitiv data, Pakistan's monthly fuel oil imports are set to reach a four-year high in June. This is...
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Government of Pakistan receives a MEFP from the IMF
The Pakistani finance minister announced on Tuesday that the government had received a Memorandum of Economic and Financial Policies (MEFP)...
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CDWP Approves 19 Projects Worth Rs142.3 Billion
The CDWP met on Monday and approved 19 projects with an estimated cost of Rs142.3 billion. Planning Secretary Zafar Ali...
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