Essential items’ prices inflate for three consecutive weeks in April

ISLAMABAD: The prices of essential items have shown increase for the third consecutive week in the current month indicating the high headline inflation for April 2019. Read more »

Official website still showing Asad Umar as finance minister

KARACHI: The official website of ministry of finance http://finance.gov.pk/ is still showing Asad Umar as Finance Minister despite the assumption of charge by Dr. Abdul Hafeez Shaikh as adviser to prime minister... Read more »

Hafeez Shaikh holds phone discussion with IMF Mission chief

ISLAMABAD: Dr Abdul Hafeez Shaikh, Advisor to Prime Minister on Finance, Revenue and Economic Affairs held a phone discussion with Ernesto Ramirez-Rigo, IMF Mission Chief to Pakistan, after talking with Jihad Azour,... Read more »

Notification to appoint Hafeez Shaikh as finance advisor issued

ISLAMABAD: Prime Minister Imran Khan on Friday appointed Dr. Abdul Hafeez Shaikh as Advisor to the Prime Minister on Finance, Revenue and Economic Affairs with the status of federal minister with immediate... Read more »

Forex exchange reserves fall to $16.19 billion on sovereign bond repayment

KARACHI: The foreign exchange reserves of the country fell by $1.03 billion during a week owing to huge repayment made against Pakistan Sovereign Bond. Read more »

Foreign Direct Investment falls by 51.4 percent in nine months

KARACHI: The foreign direct investment (FDI) has declined by 51.4 percent to $1.27 billion during first nine months of current fiscal year as compared with $2.6 billion in the corresponding period of... Read more »

ECC directs USC to ensure essential items availability during Ramazan

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday directed Utility Stores Corporation (USC) to ensure availability of essential items during the holy month of Ramazan. Read more »

Senior citizens allowed investment in national savings on expired CNICs

KARACHI: The Central Directorate of National Savings (CDNS) has directed its zonal offices to adhere the policy of the central bank regarding facilitating senior citizens above age 65 years in making investment... Read more »

ECC may approve sovereign guarantee for Utility Stores Corporation

ISLAMABAD: The Economic Coordination Committee of the Cabinet (ECC) may grant formal approval for sovereign guarantee for Utility Stores Corporation (USC) in its meeting scheduled for April 17, 2019. Read more »

IMF mission to visit Pakistan by end of April

KARACHI: An IMF mission will visit Pakistan by the end of April to continue discussions for new loan program, a statement said on Monday. Read more »