Tough decisions have staved off the risk of default: Finance Minister
Finance Minister Miftah Ismail has said that withdrawal of subsidies on petroleum products and electricity was a condition of the International Monetary Fund (IMF) and…
Finance Minister Miftah Ismail has said that withdrawal of subsidies on petroleum products and electricity was a condition of the International Monetary Fund (IMF) and…
The Pakistani rupee continued its downward streak and hit a new one-month low of Rs229.55 against the US dollar in the inter-bank market on Friday….
Minister of State for Finance Aisha Ghaus Pasha on Wednesday said the current account deficit had reached $17 billion in the last financial year. “The…
The Pakistani rupee’s downfall against the US dollar continued for the fifth consecutive session on Thursday with the greenback’s global strengthen and local factors contributing…
The Pakistani rupee is struggling against the US dollar after its recent rally came to a grinding halt last week. The US dollar appreciated by…
The catastrophic floods in Pakistan have caused economic damages from $10 billion to $12.5 billion apart from the loss of lives as estimated by the…
Miftah Ismail on Friday hinted that his time as finance minister could be cut short, saying that the government has 13 months but he “may…
The International Monetary Fund (IMF) has warned against protests and instability in Pakistan amid rising inflation — which just hit a 47-year-high in August. Pakistan’s…
The PKR lost Rs1.1 against the dollar during morning trade in the interbank market on Friday, breaking a three-day recovery streak. The local currency was…
The government on Wednesday granted exemption of sales tax and withholding tax on the import of tomatoes and onions till December 31 in an effort…