economy

Economic Coordination Committee set to take decision in meeting on Saturday

Recommendation in line with decrease in global crude prices

Currency slides for second straight day as dollar demand-supply gap widens

PM aide calls for innovation to explore these opportunities

Finds fault with disbursement mechanism which PM aide says lacks transparency

Businessmen term zero-rating indispensable to remove hardships

Swarms of insects invade fields in Pakistan and India, decimate crops

Dips Rs1.06 in inter-bank market due to low inflow of foreign currency

Move aimed at shielding oil industry from hefty losses

Drop comes on account of external debt repayments

Move comes after inflow of hot foreign money proved costly

Tasks PM aide with identifying hurdles to appointing professionals in state-run units

Informs finance aide about strains on liquidity position of businesses

The company announced in April it would cut 10% of its worldwide workforce of 160,000 by the end of 2020

SBP gave proposal on fear of machinery breakdown during pandemic

Commerce adviser says impact of Covid-19 on FDI will not be very significant

Sweetener costs more despite ongoing cane harvesting, sugar production season

Stress on improving manufacturing sector

BOI chairman says govt will take special measures to bring investment to AIIC

As lockdowns in many parts continue to suspend economic activity

AGP will also conduct special audit of Trust's stores, hospitals and investments

Carmaker floundering for 3 years; Covid-19 piles on further pressure

Investors trade cautiously on pre-budget uncertainty, opt to book profits ahead of holidays

Global lender restores Pakistan's budgetary support after four years

China "paid a large price" economically fighting Covid-19, but "this was a necessary and worthy price to pay,"...

Covid-19 exposes euro zone frailties, cements US Fed’s role as lender

Widens 64 times from $9 million in March due to coronavirus impact

ECC allows diversion of Rs10b; approves terms of negotiations for debt restructuring to reduce electricity tariffs

Washington once again raises serious questions about lack of transparency in CPEC

This year too we should not expect much change because of global economic downturn caused by coronavirus pandemic

Savings ratio improves on back of improvement in external account

Abdul Razzak Dawood says tariff structure will be changed to promote local production

Pakistan Energy Sukuk-II oversubscribed by 70% as investors submit bids worth Rs339b

GDP shrinks to $266b, per capita income goes down to $1,366

In 10 months of FY20, foreign firms injected capital worth $2.28b

PM Imran Khan's adviser says focus will be on bringing new potential taxpayers into tax net

Economic activities have been badly effected

Budget should save common people from further economic losses

Lockdown making it necessary to opt for digital banking, mobile wallets

Power sector debt is not an insurmountable quagmire allowed to sap fiscal resources

Revenue collection target of Rs5,100 also proposed; Fund agrees to provide relief to businesses affected by pandemic

Adviser says country can export local commodity to boost agriculture exports

Govt working to offer soft loans, cheap electricity

ADB report updates assessment of potential Covid-19 impact

Sukuk issue is worth Rs2b including green shoe option of Rs500m

Index for the combined income group surged 9.26%

Says reforms in Companies Act welcomed by business community

Report highlights circular debt, transmission losses, inefficiencies haunt power sector

Plans to overcome shortfall in expenditures through borrowing

Pakistan cannot sustain a recession, let alone a prolonged depression