Business News
-
Govt considers currency hedging | The Express Tribune
.
[ad_1] ISLAMABAD: Finance and Revenue Minister Shaukat Tarin has floated the idea of seeking support of commercial banks and international finance institutions for hedging against risk arising in the wake of rupee depreciation. The proposal came as the government wanted…
-
Govt seeks to extend debt programme | The Express Tribune
.
[ad_1] ISLAMABAD: The government has decided to seek the cabinet’s nod for an unlimited extension in its programme to raise debt from global capital markets, as the International Monetary Fund (IMF) has assessed Pakistan’s gross external financing needs at a…
-
Shaukat Tarin shares details of $3 billion funds received by Pakistan from Saudi Arabia
.
[ad_1] Federal Minister for Finance and Revenue Shaukat Tarin. Photo: Radio Pakistan Federal Minister for Finance and Revenue Shaukat Tarin has revealed details of the funds worth $3 billion that Pakistan has recently received from Saudi Arabia, a written statement…
-
Market watch: Stocks close in green amid thin trade | The Express Tribune
.
[ad_1] KARACHI: Pakistan Stock Exchange saw lacklustre activity on Friday but the benchmark KSE-100 index, after oscillating in a narrow band, managed to close in the green zone. Sceptical investors adopted a cautious approach amid corporate result announcements, mainly owing…
-
OPEC+ faces ‘chronic’ struggle to meet output target: IEA
.
[ad_1] — AFP/File PARIS: The International Energy Agency on Friday raised its forecast for world oil demand in 2022 but warned of a “chronic” failure by OPEC and its allies to meet their output targets. The 13 members of the…
-
Oil prices gain after IEA says market tight | The Express Tribune
.
[ad_1] LONDON: Oil prices rose on Friday after the International Energy Agency (IEA) said oil markets were tight, but were still heading for weekly losses on inflation worries and US-Iran which could boost global supplies. Brent crude futures rose $1.01,…
-
112 BoI reforms for SEZs implemented, PM told | The Express Tribune
.
[ad_1] ISLAMABAD: Prime Minister Imran Khan said on Thursday incentivising the rapid industrialisation in the Special Economic Zones (SEZs) through massive investment was among the top government priorities, stressing that the government was focused on attracting maximum direct foreign investment…
-
Pakistan to start using Saudi oil facility from next month: Tarin | The Express Tribune
.
[ad_1] ISLAMABAD: Finance Minister Shaukat Tarin informed the Senate on Friday that Pakistan will start using the Saudi oil facility on deferred payments from next month. Last week, Pakistan and Saudi Arabia agreed to operationalise the kingdom’s oil facility at…
-
Ex-FBR chief made ‘illegal’ refund payments of Rs16b, PAC told | The Express Tribune
.
[ad_1] ISLAMABAD: The Public Accounts Committee (PAC) on Thursday was informed that payments of refunds worth Rs16 billion were “illegally” made during the tenure of former Federal Board of Revenue (FBR) chairman Shabbar Zaidi. The PAC met under the chairmanship…
-
PARC for enhancing avocado farming | The Express Tribune
.
[ad_1] ISLAMABAD: A number of crops are changing their places in Pakistan amid climate change, forcing Pakistan Agriculture Research Council (PARC) to fill the gap with climate-resilient crops and avocado plantation is part of the campaign, said PARC Programme Leader…
