Petrol price slashed by Rs5.45 per litre for 1st May.

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KARACHI: The petrol price in Pakistan has been slashed by Rs5.45 per litre from Rs293.94 to Rs288.49 for the next fortnight in line with...

Pakistan’s total liquid foreign reserves surge over $ 14.62 billion

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KARACHI: The total liquid foreign reserves of Pakistan increased to US$ 14,626.4 million while foreign reserves held by State Bank of Pakistan stood at...

PM, US ambassador discuss bilateral ties

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ISLAMABAD: Ambassador of the United States of America to Pakistan Donald Blome paid a courtesy call on Prime Minister Shehbaz Sharif here on Friday...

IMF executive board to discuss ‘approval of $1.1bn funding for Pakistan on April 29’

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ISLAMABAD:The executive board of the International Monetary Fund will meet on April 29 to discuss the approval of $1.1 billion funding for Pakistan, the...

FBR collects Rs 9,306 bln in FY 2023-24

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ISLAMABAD:Federal Board of Revenue (FBR) has collected Rs 9,306 billion in financial year 2023-24 against the target of Rs 9,252 billion, showing an increase...

SBP receives $1.1 billion IMF tranche amid high hopes of economic stability

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ISLAMABAD: The State Bank of Pakistan (SBP) has received SDR 828 million (around $1.1 billion) from the International Monetary Fund (IMF) a day after...

SBP maintains interest rate at 22%

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KARACHI: State Bank of Pakistan’s (SBP) Monetary Policy Committee Monday announced maintaining the status quo, leaving the key policy rate unchanged at 22%.The MPC's...

Pakistan, Azerbaijan affirm commitment to expand bilateral ties

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ISLAMABAD: Pakistan and Azerbaijan have affirmed their commitment to further expanding mutually beneficial cooperation in the areas of bilateral interest, especially energy, trade, connectivity,...

IMF Executive Board approves $700m loan tranche for Pakistan

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ISLAMABAD: The International Monetary Fund’s (IMF) Executive Board Thursday approved a $700 million loan tranche for Pakistan, boosting the cash-strapped nation’s forex reserves. The...

By wide margin, UN General Assembly votes to back Palestinian bid for membership; Pakistan...

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UNITED NATIONS: The United Nations General Assembly Friday voted, by an overwhelming majority, to grant new “rights and privileges” to Palestine and called on...