ISLAMABAD – Finance Minister Miftah Ismail on Thursday revealed the Pakistan Economic Survey for Financial Year 2021-22, which revealed a record high growth rate of 5.97 percent against a target of 4.8 percent. In a rare development, the Sharif-led coalition government presented the economic ...

ISLAMABAD – The PML-N-led federal government has decided against raising salaries of government employees this year. The cash-strapped country has been hit hard by a crippling debt and dwindling foreign exchange reserves. Reports in the local media suggest the Ministry of Finance has sent a ...

ISLAMABAD – Prime Minister Imran Khan has said that Pakistan has performed exceptionally well in combating Covid-19, compared to the other countries in the region. He expressed these views while chairing a meeting of the Macro Economic Advisory Group in Islamabad on Friday. The prime ...

KARACHI – The State Bank of Pakistan Friday announced to increase the policy rate by 150 basis points to 8.75 per cent for the next two months as risks related to inflation and the balance of payments have increased. The decision was taken in a meeting of the Monetary Policy Committee (MPC). ...

KARACHI — Pakistan’s increasing trade and current account deficits have forced the State Bank of Pakistan (SBP) to slow down the import growth with changes in prudential regulations and reduce the financing limit and period, particularly for imported vehicles. The central bank on ...