Business
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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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SCO: reflecting achievements
Six days, 10 world leaders and around 900 delegates; the Shanghai Cooperation Organisation (SCO) conference in Islamabad was attended by…
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SBP projects 2.5%-3.5% GDP growth in FY25
Pakistan’s economy is projected to maintain its momentum with the industrial and services sectors showing recovery in the current fiscal…
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Minister ousted from sugar body
In a major reshuffle, the Petroleum Division is set to be removed from the sugar price control committee following disagreements…
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US pushes for special creditor status
The United States on Thursday once again sought preferred creditor status for its Export-Import Bank (Exim), which is looking to…
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Oil industry denounces restrictive fuel pricing
The oil industry has aired serious concern over what it says is restrictive pricing of motor fuels that has caused…
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