9th review with IMF will be concluded soon: Finance Minister
Finance Minister Ishaq Dar has expressed the confidence that the ninth review with the International Monetary Fund under the extended fund facility will soon be…
Business
Importation of RLNG to Pakistan eases gas crisis
In a recent development, multiple cargoes of Regasified Liquefied Natural Gas (RLNG) have arrived in Pakistan, bringing much-needed relief to the country’s gas crisis. Petroleum…
Dar meets US ambassador to alleviate concerns on Pakistan’s budget
Federal Minister for Finance Ishaq Dar on Wednesday told US ambassador Donald Blome that the latest government’s budgetary measures for fiscal year 2023-24 are aimed…
AJK budget for year 2023-24 to be presented today
The budget for Azad Jammu and Kashmir for the fiscal year 2023-24 will be presented in the Legislative Assembly today. The total outlay of the…
Without IMF agreement, Pakistan is at risk of default: Bloomberg
The International Monetary Fund’s (IMF) criticism of Pakistan’s latest budget suggests chances are rising that the lender will opt not to deliver long-awaited aid before…
Punjab announces Rs1719.3b budget for four months
The caretaker cabinet of Punjab has approved a budget of 1719 billion rupees for the first 4 months of the next financial year, in which…
Dar says Shell not closing business in Pakistan
Minister for Finance and Revenue Ishaq Dar clarified that Shell Petroleum Company is not closing its business in Pakistan. He said the company is selling…
Govt says flexible on FY24 budget, ready to reach ‘amicable solution’ with IMF
Responding to the International Monetary Fund’s (IMF) reservations over the fiscal year 2023-24 (FY24) budget tabled in the National Assembly last week, the government expressed…
Gold price in Pakistan increases for second consecutive day
The gold price in Pakistan continued to go up for the second consecutive day in line with an increase in the international market on Friday….
Rupee slips against US dollar, settles at 287.25
The value of the dollar increased dramatically by a margin of Rs2 against the rupee and is currently being traded at Rs297 in the open…