BUSINESS
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Federal debt hits Rs83.6tr
ISLAMABAD:The federal government’s debt, excluding loans from the International Monetary Fund (IMF) and some other liabilities, jumped to Rs83.6 trillion…
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The $41.6b remittance divide
Sardar Liaquat Khan left his home nestled among the middle Himalayas near Banjosa Lake in Kashmir and his one-month-old bride…
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US firms back 80/20 EPZ rule
The International Monetary Fund’s (IMF) condition to halt the sale of 20% of production by factories running in the Export…
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Pakistan, Netherlands target $5b trade
The Netherlands has identified the Lahore Chamber of Commerce and Industry (LCCI) as a key partner for expanding bilateral trade…
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Govt rejects consultant report on tight gas
The government has rejected findings of the first international consultant and has approved the presence of tight gas in an…
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Trade gap widens to $3.95b in July
Pakistan’s trade deficit widened by one-fourth to nearly $4 billion in July due to $6.9 billion in imports, highlighting external…
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Oil prices slip as Iran cites progress with Oman on Hormuz agreement
Oil prices trended ​lower on Thursday on the progress in Iran-Oman talks, with investors cautiously waiting for signs of a…
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US ready to back mining projects
The Trump administration is ready to finance another project the size of Reko Diq, and American investors are willing to…
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Surging M2 undermines export competitiveness
Pakistan’s export sector continues to underperform despite repeated currency depreciations, IMF-supported stabilisation and periodic policy interventions. Merchandise exports have largely…
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Carmakers force govt to scrap EV policy
Auto giants have managed to get the newly proposed auto policy scrapped, and the government has restarted the process to…
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