Business
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Punjab breaches IMF condition
Pakistan has failed to meet a major condition of the International Monetary Fund (IMF) to generate Rs342 billion in…
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Experts hail digital marketing as superior
IT professionals have stressed that digital marketing, rapidly gaining popularity and surpassing traditional methods, is proving to be far more…
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Power generation drops 6.4%
Power generation declined by 6.4% to 12,487 gigawatt-hours (GWh) in Pakistan in September, compared to the same month last year.…
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Govt to plug lacuna allowing banks to avoid taxes
The government announced plans on Thursday to plug a legal loophole that allows commercial banks to avoid an estimated Rs200…
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$1b import bill looms if wheat price delayed
The Ministry of National Food Security and Research has urged Prime Minister Shehbaz Sharif to swiftly announce a new wheat…
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Pakistan seeks $1b from IMF to tackle external economic challenges
Pakistan is targeting around $1 billion in a formal request for funding from the International Monetary Fund (IMF) facility that…
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Firm being set up to open power market
The government has allowed the Power Division to approach the Securities and Exchange Commission of Pakistan (SECP) for incorporating a…
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Why Pakistan’s development lags
One question my fellow Pakistanis have asked me many times is, “If economists know how to develop the economy, why…
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Economic stabilisation vs high growth
There are two camps currently in Pakistan on macroeconomic policy. The first are the ones that espouse slow-growth stabilisation and…
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Raast payments hit Rs1tr in 16 days
Pakistanis recently made financial transactions totalling Rs1 trillion via Raast, an instant payment system, in just 16 days, compared to…
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