Tribune
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Dar assures PIA of maximum support | The Express Tribune
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[ad_1] ISLAMABAD: Finance Minister Ishaq Dar on Saturday assured the Pakistan International Airlines (PIA) of maximum support for the improvement of its services, aiming to transform it into a profit-oriented entity for the country. PIA Chief Executive Officer (CEO) Air…
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‘Economy needs political stability’ | The Express Tribune
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[ad_1] ISLAMABAD: Senator Irfanul Haque Siddique has said that economic stability was among the challenges faced by Pakistan which required political steadiness and continuation of economic policies. During a discussion with leaders of Pakistani community at Pakistan Embassy, Washington DC,…
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India’s forex reserves top $600bn, rise to near 15-month high | The Express Tribune
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[ad_1] MUMBAI: India’s foreign exchange reserves rose for a third straight week and stood at $609.02 billion as of July 14, the highest in nearly 15 months, the Reserve Bank of India’s (RBI) data showed on Friday. The reserves rose…
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Rs15 radio fee may be added to electricity bills | The Express Tribune
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[ad_1] ISLAMABAD: Amidst the ever-increasing inflation and soaring power and gas rates, the government has decided to impose an additional burden on the masses by levying an extra Rs15 as a radio fee on their monthly electricity bills. The revelation…
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China agrees to reschedule $2 billion debt | The Express Tribune
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[ad_1] ISLAMABAD: China has agreed to reschedule over $2 billion publicly guaranteed debt of Pakistan for a period of two years, providing a major relief to the government that is in the process of rebuilding foreign exchange reserves through fresh…
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Rupee-dollar parity projected to remain volatile | The Express Tribune
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[ad_1] ISLAMABAD: The International Monetary Fund’s latest assumptions suggest that the average exchange rate could be around Rs305 to a dollar at the end of the current fiscal year, which is higher than the rate quoted by the government to…
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Rs16.8b PM’s Laptop Scheme okayed | The Express Tribune
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[ad_1] ISLAMABAD: The government on Wednesday approved Rs822 billion worth of mega projects, including the Prime Minister’s Laptop Scheme and a new motorway in Punjab. Federal Minister of Finance Ishaq Dar chaired a meeting of the Executive Committee of the…
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CDWP okays 10 projects worth Rs1.07tr | The Express Tribune
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[ad_1] ISLAMABAD: Minister for Planning Ahsan Iqbal on Tuesday chaired a meeting of the Central Development Working Party (CDWP) that approved 10 development projects worth Rs1,073.41 billion. Of these projects, three worth Rs9.41 billion had been approved by the CDWP,…
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IMF spells out stringent conditions for $3b breather | The Express Tribune
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[ad_1] ISLAMABAD: The International Monetary Fund (IMF) has slapped a stringent condition on Pakistan to stop its intervention in the exchange rate market and also said that the risks to the new $3 billion programme implementation were “exceptionally high”. The…
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Government takes decisive action against illegal loan apps | The Express Tribune
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[ad_1] KARACHI: In a bold move to tackle the proliferation of illegal loan applications and safeguard consumers from fraudulent practices, the Federal Minister for Information Technology (MoIT) has launched a comprehensive crackdown, instructing the Pakistan Telecommunication Authority (PTA) and the…
