Pakistan economy

Approved development budget of Rs350 billion, but it remains largely unutilised

According to survey, people’s trust in economy has weakened

New valuation system introduced for smooth clearance of IT goods

Improvement in data shows return of foreign investors’ confidence in economy

Malaysian minister says growth due to rising population, increased spending

Cumulatively, the rupee has depreciated almost 49% since December 2017, according to the central bank

Exporters welcome end of transporters' strike

SSGC to start MD hiring process afresh after failing to attract competent people

Makes allowances in experience and educational qualification

PTI govt wants to resolve the taxation issues, payment digitisation, consumer protection

Fall attributed to sluggish demand caused by high car prices, exorbitant lending rate

SNGPL will receive $10.4822 per mmbtu, SSGC will get $10.4602

Sindh Minister of Energy Imtiaz Ahmed Sheikh says current gas crisis due to incompetence of the federal government

Halt to import, export activities costs economy Rs144 billion

PM Imran Khan meets FPCCI officials who share concerns about sick industrial units

Fitch Ratings says Pakistan has taken steps to address external sector, fiscal and debt issues

Advisor to PM on Finance grills officials over slow pace of revenue collection

Hammad Azhar says year 2019 was of economic stability, while 2020 will be the year of progress and prosperity

Islamabad also joins hands with Beijing, must ensure transfer of technology

Migrating across continents, locusts destroy green vegetation that comes in their way

Federal subsidies may lower weighted average cost of gas for producer provinces

Joint efforts by govt, private sector will turn opportunities into concrete gains

Corrupt customs officials assisted fraudsters in evading duties worth billions of rupees

Stable rupee bearing fruit, as reflected in improvement of exports

Seeks response over non-disclosure of asset declaration despite submission of tax challans

Senate chairman says govt is focusing on providing best environment for businesses

Abdul Razzak Dawood stresses need for diversifying sectors to boost exports

Global tensions between US and Iran, improvement in economic data helped set market direction

Growth attributed to sharp rise in number of people who went abroad in 2019

SBP is not lending money to the govt since beginning of the current fiscal year

Company will help revive sick industrial units

Companies were found copying trademark of another firm

World Bank downgrades project as Punjab fails to meet environmental goals

PM Imran formally approves Rs7 billion relief package for USC

But rejects internal currency movement restriction over govt objections

Directs field formations to ascertain causes behind poor WHT receipts

Pakistan's auto industry on bumpy ride due to depreciation of rupee against US dollar and a high interest rate

Businessmen fear massive foreign orders can be cancelled

Board chairman accused of spending millions on meetings, travel expenses

Permission limited to testing purpose only on non-commercial basis

Macroeconomic stabilisation policies spark supply, demand-side pressures

MNAs express resentment over pending schemes in their constituencies

Ghulam Sarwar Khan says efforts will be made to bring airports on a par with global standards

ECNEC approves six projects costing Rs216.4b, including four schemes being executed

Formula includes costs of local and imported gas that will help overcome shortage

Dip came due to import compression amid signs of weakening export growth

Also hits seven-year high at $1,580 per ounce in world market

Aims to promote value addition in agricultural products

KSE-100 index surges 1,475 points following developments on economic front

Official says Rs400m worth of smuggling cases unearthed in past six months