Business

Says reforms will create secure, attractive environment

It’s first-ever programme funded by PSDP focusing on improving competitiveness

Implementation of the system is estimated to save Pakistan $430 million, according to the World Bank

Urges government to invest in skill development to boost economy

It will create fiscal space as govt expects 30% increase in expenditure on pensions, civil govt

SAB urges govt to take into account economic crisis, flood damage in upcoming budget

Depreciates Rs8 to four-day low at Rs308 vs dollar

IEA head says chance of higher oil prices has increased sharply

Costing Rs20b, project likely to be completed by Jan 2025

Dastgir also announces upcoming project for local manufacturing of solar panels

NFCI completed its FDI by acquiring 84.84% shares valued at $6 million

Budget will cover development, non-development expenses of IT ministry

FBR aims to collect over Rs30b with this measure, govt expresses concerns

JUI demands release of 40% of annual PSDP during QI of FY24

Despite efforts, prospects of securing remaining loan of $2.6b very bleak

To unlock benefits, country must address challenges related to financing, grid infrastructure

Regret also has silver lining that we must utilise to foster improvements

Almost zero growth, 30% inflation present classic picture of stagflation

Lack of awareness, weak capacity deprive Pakistan of environmental advantages

High inflation, rupee devaluation drive investors towards other safe havens

ABAD chairman’s budget proposal urges removal of regulatory duty on steel bars

Western nations have accused OPEC of manipulating oil prices

Stresses country will take initiatives to promote IT and agriculture

KSE-100 index gains 388 points, or 0.95%, and settles at 41,352

Proposal of 5% tax will primarily affect family-owned companies

PAMA DG warns proposed changes could have severe consequences

ECC seeks details of fertiliser demand and supply, current inventory

Illicit cigarette brands have whopping 48% market share

Targets raising up to Rs200 billion revenues in FY24 by reshaping law

Supply made for an unusually extended period of 77 days to overcome liquidity crunch

Govt claims economy has grown 0.3%, expert opinion and PBS data reveals otherwise

Marks first-ever transportation of seafood containers by land via CPEC

It comes after decrease in forex reserves for 5th week in a row

State and privately owned entities would need approval to participate in the trade mechanism

‘No option other than going back to IMF, no Plan B,’ says Aisha Pasha

They say SBP, RRMC are imposing anti-exporter policies

LCCI proposes financial benefits for declaring foreign currency and deposit in banks

Total dispatches reach 3.97 million tons in May

Is currently reviewing, consulting with other central banks

Drop to $4.09 billion due to debt repayment

Bostan attributes correction to SBP’s decision to allow banks to buy dollars from interbank

It slashed the price of 11.8kg domestic LPG cylinder by Rs438.22, or Rs37.13 per kg

Appointment of political office-holders a conflict of interest

Recovering by 5.5% Pakistani currency drops to Rs295 against US dollar in open-market

Deficit may contract in FY24 with focus on curtailing subsidies, debt

Attributes delay to import challenges, foreign exchange crisis

FBR to collect Rs1.43 trillion in June alone to meet the annual target

Urge govt to attract African IT companies through incentives

Move will swiftly help reduce gap between rupee-dollar exchange rates

Govt says rates reduced to provide relief to consumers