The cut-off yields on Market Treasury Bills (MTBs) were up by 96-130 basis points (bps) in the auction of the paper held on Wednesday.According to the data released by the State Bank of Pakistan (SBP), the government raised Rs. 909.94 billion against a…

The Economic Coordination Committee of the Cabinet has approved Ramazan Relief Package worth 8,280 million rupees to facilitate the masses during the holy month.The approval was given at the meeting of the Committee in Islamabad, with Finance Minister …

Minister for Energy Hammad Azhar says in emerging economies like Pakistan the state-led infrastructure not only has a key role in economic development but also in crises like Covid-19.Addressing a conference in Islamabad, he said that Pakistan has one …

Minister for Industries and Production, Makhdoom Khusro Bakhtiar says economic growth is on positive trajectory due to prudent policies of the government.Talking to the media along with Minister of State for Information and Broadcasting Farrukh Habib i…

“Facilitating IT Sector to create huge employment opportunities for the tech-savvy youth in the country is the government’s top priority,” said Prime Minister Imran Khan while chairing the fourth meeting of Board of Governors of Special Technology Zone…

Charge de Affaires Embassy of Libya Omar B. A. Abdulkarim called on Minister for Finance and Revenue Shaukat Tarin in Islamabad on Tuesday.Both the sides highlighted deep rooted brotherly relations between the two countries.They observed that Pakistan …

The Central Development Working Party (CDWP) approved the replacement of the track machines project in its meeting yesterday.This Public Sector Development Program (PSDP) project is worth Rs. 7.415 billion and will enable Pakistan Railways to maintain …

The Public Accounts Committee (PAC) on Thursday took up some important cases regarding funds used by the Pakistani missions abroad. The Auditor-General office had requested that the audit paras in this connection had been lying unattended for a long pe…

The Pakistani Rupee (PKR) reversed losses against the US Dollar (USD) and posted gains in the interbank market today. It gained 10 paisas against the greenback after hitting an intra-day low of Rs. 176.4 against the USD during today’s open market sessi…

Minister for Economic Affairs Omar Ayub Khan appreciated the German’s enhanced bilateral economic cooperation with Pakistan and expressed that both countries are long-standing development partners.Talking to State Secretary of the Federal Ministry for …