Business News
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PSX shatters records with all-time high of 81,295 points | The Express Tribune
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[ad_1] Pakistan Stock Exchange (PSX) shattered previous records on Monday, soaring to an all-time high of 81,155 points. The market experienced an exhilarating gain of 1,211.51 points or a surge of 1.49% from its previous close of 79,944, marking a…
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Experts unanimous on political stability for economic turnaround
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[ad_1] Panellists discuss ways to steer Pakistan out of the crises and onto the path of growth at Geo News show Great Debate hosted by Shahzeb Khanzada. — YouTube/GeoNews/Screengrab Panellists at Geo News’s exclusive Great Debate on the economy unanimously…
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Unpacking new IMF deal’s consequences | The Express Tribune
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[ad_1] ISLAMABAD: The negotiations with the International Monetary Fund (IMF) resemble a new season of a spy, suspense thriller, or horror movie, becoming more complex with each passing season. However, the IMF has created an illusion that it is a…
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China’s smart ports strengthen booming foreign trade | The Express Tribune
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[ad_1] Automated container cranes and driverless transport vehicles are busy unloading and carrying containers at Tianjin Port in Tianjin Municipality, north China. Smart port construction, which incorporates technologies such as 5G, AI, autonomous driving, and cloud computing, has completely transformed…
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$7 billion IMF deal laced with harsh strings | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan and the International Monetary Fund have reached a staff level agreement for a $7 billion Extended Fund Facility programme -in a deal that in short-term inflicts heavy burden on the nation but also ends decades-old protections to…
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PM urges FBR to gird up loins to pull country out of debt trap
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[ad_1] Prime Minister Muhammad Shehbaz Sharif addressing officers during his visit to headquarters of the Federal Board of Revenue in Islamabad on July 13, 2024. — APP ISLAMABAD: Prime Minister Shehbaz Sharif on Saturday directed the Federal Bureau of Revenue…
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IMF deal boosts capital markets | The Express Tribune
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[ad_1] KARACHI: Pakistan’s capital markets are poised to celebrate an unexpected early win with the staff-level agreement on a $7 billion extended fund facility (EFF) with the International Monetary Fund (IMF). This 37-month agreement is expected to propel the stock…
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Pakistan to achieve macroeconomic stability with IMF deal: Aurangzeb
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[ad_1] Finance Minister Muhammad Aurangzeb speaks during an interview with AFP at the Embassy of Pakistan in Washington, DC on April 15. — AFP ISLAMABAD: Finance Minister Muhammad Aurangzeb on Saturday said that Pakistan will achieve macroeconomic stability with the…
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PM Shehbaz orders FBR to revamp revenue strategy to combat national debt | The Express Tribune
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[ad_1] ISLAMABAD: Prime Minister Shehbaz Sharif has directed the Federal Board of Revenue (FBR) to reassess its revenue collection strategy to help reduce the country’s debt burden. During a meeting at the FBR headquarters on Saturday, the premier stressed the…
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Pakistan secures $7 billion EFF deal | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan and the International Monetary Fund have reached a staff level agreement for a $7 billion Extended Fund Facility programme -in a deal that in short-term inflicts heavy burden on the nation but also ends decades-old protections to…
