economy

Expresses concern over discontinuation of Pakistan pavilion at MAGIC Show

Addition expands already surplus production capacity of sector

Also allows duty-free import of cotton

Report confirms that inflation has started to stabilise in Pakistan

Govt also gives approval for merging 19 entities of seven ministries, divisions

Developments on internal and external fronts keep index from making substantial gains

Committee formed to discuss issue which will give boost to construction sector

Overall results of business confidence survey show decline compared to last year

Says there is need to diversify products and destinations

That Pakistan’s economy went from bad to worse in the outgoing year is hardly debatable

Move aimed at documenting economy, will cost central bank millions

Discusses bringing fertiliser prices on a par with international rates

Tells businessmen to bring refund complaints to ombudsman office

NEPRA allows price hike under fuel cost adjustment for October

This comes amid steep rise in public debt and liabilities in past one year

Weak economic growth figures mean that such cuts to essential government services will continue

Assumptions suggest average exchange rate of Rs160.64 to a dollar by end of FY20

Bank president says NPLs are 38% of lending that may erode equity

PM welcomes interest, outlines ease of doing business reforms undertaken by govt

Competition Commission of Pakistan says it is a main raw material in pulp and paper production

E&P companies encouraged to find hydrocarbon reserves in high-risk areas

SBP governor says boards of banks with more diversity can play a more effective role in achieving objectives

May impose additional taxes of around Rs150b to achieve collection target

Senator says govt providing utility subsidised electricity, which has caused loss of Rs54b

Staff-level report reveals significant increase in power tariff from next month

Makes discoveries in wells located in Sindh, Balochistan

This will take total excess expenditure above approved budget to Rs392b in FY19

Industry says cost of urea production will rise after gas price hike

Balochistan govt intending to digitalise the transport sector

Consortium of international banks namely Credit Suisse, Mashreq Bank, Noor Bank to extend loan

Sees budget deficit soaring to 7.6%, introduces major changes in loan conditions

Cabinet members observe such test would be disadvantageous for candidates from backward areas

It will help slow down debt flow, improve bill recoveries, reduce losses

Economy needs structural transformation that is a painful and enduring process

Industry got a number of incentives in past 11 years but exports fell

It will help achieve 7% economic growth without sparking twin-deficit crisis

Less stringent measures can be introduced for smaller companies or startups to help them raise capital

SAPM Firdous says false claims were being made regarding hike in gas prices

Chief ministers of four provinces and other participants of the meeting will also review water distribution agreement

SAPM Bukhari says the agreement will enable locals to work in 14 sectors of Japan

SBP had estimated the economy to grow by 3.5% in the current fiscal year. Even this modest goal looks ambitious now

Sanctions are targetting critical sectors such as energy, shipping, automotive, aviation

Move comes after sudden surge in demand from domestic consumers

SBP governor assures private sector of more facilities

World Bank urges federal, provincial govts to end distortions in sales tax regimes

Current account gap remains relatively small at $319 million in November

Says Pakistan’s programme is on track and has started to bear fruit, but risks remain elevated

Increase attributed to multilateral and other official inflows, including those from ADB

Yasinzai says education, economy, health and justice key to development

SAPM on information blames N-league for ‘damaging economy’