Business News
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Dar calls for greater support from IMF, World Bank | The Express Tribune
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[ad_1] WASHINGTON: Finance Minister Senator Ishaq Dar on Sunday called for greater policy support from the International Monetary Fund (IMF) among other multilateral donors in Washington DC, US. It may be noted here that Dar is presently leading Pakistan’s delegation…
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Dar rules out default on debt | The Express Tribune
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[ad_1] WASHINGTON: Finance Minister Ishaq Dar has said that he will seek rescheduling of some $27 billion worth of non-Paris Club debt, but will not pursue haircuts as part of any restructuring. In an interview with Reuters, Dar ruled out…
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Petroleum prices remain unchanged for next fortnight
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[ad_1] A worker holds a nozzle to pump petrol into a vehicle at a fuel station. — AFP/File ISLAMABAD: The federal government Saturday decided to maintain the prices of petroleum products at the current rate for the next fortnight with…
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The power of rural women | The Express Tribune
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[ad_1] PUBLISHED October 16, 2022 KARACHI: In a country where rural areas have a significant share of the population and where women’s empowerment and gender quality remain one of the biggest challenges, it seems complicated to fight against extreme poverty,…
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Govt keeps fuel prices unchanged for next 15 days | The Express Tribune
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[ad_1] The federal government on Saturday decided to keep the prices of petroleum products unchanged for the next 15 days. In a statement issued from Washington, Finance Minister Ishaq Dar said he had received a summary from Oil and Gad…
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Pakistan vows IMF reforms as flood damage estimated at over $16b
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[ad_1] Unprecedented monsoon rains submerged one-third of Pakistan — the world’s fifth most populous country. — AFP Finance Minister Ishaq Dar has promised international lenders to stay true to economic reforms despite a new estimate that his country quickly needs more…
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PIA again cuts fare for flights from Pakistan to China
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[ad_1] Currently, PIA is operating two weekly flights on Islamabad-Chengdu-Islamabad and Islamabad-Xian-Beijing-Islamabad routes. — AFP/File The Pakistan International Airlines (PIA) has further cut down its fare to facilitate students and other passengers travelling from Pakistan to China with immediate effect. “Now,…
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Pakistan to seek rescheduling of $27b bilateral debt: Dar
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[ad_1] Finance minister Ishaq Dar. — AFP/File Finance Minister Ishaq Dar said that he will be seeking rescheduling of the non-Paris Club debt worth $27 billion worth, primarily of which is owed to China, but said no to haircuts as…
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NEPRA approves Rs3.21 per unit hike in power tariff
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[ad_1] The National Electric Power Regulatory Authority office. — The News/File ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Friday approved a hike in the power tariff by Rs3.21per unit, enabling Ex-WAPDA Discos (XWDISCOSs) to collect an additional…
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Dollar continues to extend gains against rupee, closes at Rs218.43
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[ad_1] A currency dealer counts US dollars at a shop. — AFP/File KARACHI: The Us dollar continued to gain ground against the rupee for the third consecutive session in the interbank market on Friday. The local currency closed at 218.43…
