Search For "pakistan economy"
Pakistan economy suffered USD 10bn loss due to floods, says FM Miftah Isma
Updated : 3 years, 6 months ago IST
Islamabad [Pakistan], August 29 (ANI): As Pakistan struggles to deal with the impact of the unprecedented floods, the country's Finance Minister Miftah Ismail said the flash floods have inflicted a loss of at least USD 10 billion on different sectors of its economy.
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IMF, Pakistan to meet today for key talks on loan plans
Updated : 3 years, 6 months ago IST
Islamabad [Pakistan], August 29 (ANI): The International Monetary Fund (IMF) will meet the top officials of cash-strapped Pakistan on Monday to consider a bailout package as the country continues to face several economic hardships.
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Investors lose confidence in Pakistan amid deteriorating economy
Updated : 3 years, 6 months ago IST
Islamabad [Pakistan], August 25 (ANI): International investors are losing confidence in Pakistan amid a deteriorating economy and intensified political uncertainty.
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Pakistani rupee continues to decline against US dollar
Updated : 3 years, 6 months ago IST
Karachi [Pakistan], August 25 (ANI): Ahead of the International Monetary Fund's (IMF) executive board meeting on August 29 in Washington, the Pakistani rupee continued to decline against the US dollar on Thursday.
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Pakistan 1st mini-budget of this fiscal year to render luxury imports 'out
Updated : 3 years, 6 months ago IST
Islamabad [Pakistan], August 20 (ANI): Pakistan's Finance Minister Miftah Ismail on Thursday unveiled fresh revenue measures of over Rs 50 billion in the first mini-budget of this fiscal year, however it will render luxury imports "out of reach" for its citizens.
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Pakistan registers sharp decline in oil sales and consumption
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], August 2 (ANI): In line with Shehbaz Sharif-led Pakistan government's efforts to reduce oil import bills, Pakistan has registered a sharp decline in the sales by oil marketing companies during July showed data released on Monday by Oil Companies Advisory Council (OCAC).
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Pak FO officers threaten to go on strike over tax on foreign allowance
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 31 (ANI): Officers of the Foreign Office (FO) threatened to go on strike over the imposition of income tax on their foreign allowance.
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Pakistani rupee registers worst month in 50 years, depreciates by 14.5 pc
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 31 (ANI): The Pakistani currency depreciated by 14.5 per cent against the US dollar, registering its worst month in over 50 years as the country continues to struggle with high import payments, depleting foreign exchange reserves, and political uncertainty.
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Pakistan's current account deficit surges to USD 17.4 billion
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 29 (ANI): In spite of multiple actions taken by Pakistan, its current account deficit has surged to USD 17.4 billion or 4.6 pc the size of the economy during the last fiscal year on the rising trade deficit.
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Pakistan likely to increase fuel prices
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 28 (ANI): Fuel prices in Pakistan are expected to rise before August as the country is required to meet conditions imposed by the International Monetary Fund, local media reported citing sources.
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Pakistani rupee dives to 240 per US dollar
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 28 (ANI): Pakistan rupee depreciated at a record low against the US dollar on Thursday as it dropped to PKR 240.5 against the dollar in the interbank market.
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Pakistani rupee sinks to all-time low against US dollar
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 27 (ANI): The Pakistani rupee continued to sink against the US dollar for the ninth straight session in the interbank market, hitting a new record low of 236 on Wednesday.
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