Business

Currently, the government seems to prefer shielding firms from import competition

Managing the crude oil import bill to reduce the risk of much wider deficits should be our top priority

With high deficit and debt, mini-budget and IMF tranche will not solve problems

DISCOs ask NEPRA to allow them to collect Rs17.19b from consumers

Development comes after IMF, stakeholders oppose measures

To deepen technical exchanges in fields of commerce, new energy

To provide legal framework for businesses, establish formal banking channels

Announces three major changes in its quarterly review

KSE-100 index rose by 1,271 points, or 3.1% week-on-week, at 41,741.78

Beginning its journey with only one airplane after partition, the industry is now worth Rs500 billion

Say both seem reluctant to ensure petroleum stocks are maintained

Countries must discuss whether a regulation is needed given the sophisticated technologies involved, says Sitharaman

Dar says IMF shares MEFP with govt

Official highlights plan of action for rehabilitation in flood-hit areas

New strategy aims to focus on joint product development

Over 1.2 million olive plants will be planted across 8,900 acres

Moscow to reduce production next month in response to new western sanctions

Wheat, sugarcane and Basmati rice to see increase by 26%, 21% and 189% respectively

Says Pakistan’s government liquidity and external vulnerability risks are elevated

Urges govt to plug revenue leakages from electricity, gas, loss-making entities

With price hike, govt will receive Rs237b more from electricity consumers

World Bank suggests harmonising direct taxes, lowering import duties

Insists it should be consulted prior to closing any website

At public hearing, regulator asked whether KE followed economic merit order

Ombudsman says justice is delayed in one of five cases due to unresponsive attitude of banks

Input costs have risen due to rupee devaluation, rise in global price of raw material

Decrease by $170m to $2.9b in week ended on Feb 3

Currency regains Rs2.82 against dollar, hits nine-day high

Says commercial banks deliberately targeting German firms by refusing to open LCs

Farmers say counterfeit seeds coming in from Punjab are causing big losses

Fears of shortage as company is allowed to open only two LCs for the month

The low forex reserves, currently at a nine-year low, raise the risk of default on foreign debt repayment

To break deadlock, Dar met mission chief but IMF did not share MEFP draft

Identifies 19 illegal warehouses in Punjab; Musadik says fuel supplies adequate

Raises questions over credibility of figures released

Chinese demand recovers while supply remains limited

Global, domestic economic conditions force nations to reduce participation

Gives directive to include field experts in board of governors

Company notification says decision made due to shortage of inventory

Illegal trade of cigarettes causes annual losses of Rs100 billion to national exchequer

If Pakistan defaults, they say, inflation will rise, there will be shortages of food, medicines and fuel

Bank has only offered to finance the portion severely damaged by floods

Smugglers sell around $5m a day to the Afghans, warns ECAP general secretary

Monetary benefit sought by railways constitutes violation of RoW policy, says IT minister

PCMA says move will pave the way for more and will relieve country’s forex reserves

Urge govt to control rupee free fall instead, declare economic emergency

New computing technology has been rated the fastest-growing consumer app in history

Global layoffs trend now grips Pakistan’s IT sector as well

He is a certified fraud examiner from the Association of Certified Fraud Examiners (USA)

Data shows SBP projects no foreign debt inflows for next 12 months