Approves Thar Coal railway project worth Rs53.7b without budget allocation, challenges IMF commitments ISLAMABAD: The caretaker government, on Monday, approved nine projects worth Rs372 billion, including a mega-scheme which is
SBP holds key rate at 22% for fourth straight meeting
Core inflation is still at an elevated level and is coming down only gradually, says policy statement KARACHI: In line with market expectations, Pakistan’s central bank on Tuesday left its
Pakistan gets costly LNG bids for January
ISLAMABAD: Pakistan on Friday received four international bids, with the lowest at $18.46 per unit, for the supply of a liquefied natural gas (LNG) cargo in the first part of
Customs to be separated from tax collection
KARACHI: Finance Minister Dr Shamshad Akhtar said on Thursday the government will separate the customs from the revenue collection mechanism as part of the reforms in the Federal Board of
SIFC reviews progress towards better investment climate
ISLAMABAD: The Special Investment Facilitation Council (SIFC) on Thursday reviewed progress on measures undertaken to improve investment climate and approved policy to improve investors’ confidence and speedy operationalisation of the
Pakistan Refinery Ltd inches closer to producing Euro-5 fuels
ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) and Pakistan Refinery Ltd (PRL) on Thursday signed the first agreement under the revised Brownfield Refinery Policy 2023 announced in August to
Millers seek to export 0.5m tonnes surplus sugar
LAHORE: Pakistan Sugar Mills Association (PSMA) on Thursday sought permission to export half a million tonnes of surplus sugar. In a letter to Commerce Minister Gohar Ejaz, the association drawing
No way out of IMF loans anytime soon, says Finance Minister Shamshad
• Govt cites high interest rates as it postpones issuance of $1.5bn international bond• Caretaker minister hints at new Fund programme after elections• Says another gas price hike slated for