Business

Kristalina Georgieva says global fund is urging bilateral creditors to suspend debt collections from poorest countries for at least a year

Exchange rate hits record-setting heights amid volatility emerging from coronavirus impact on economy

Central bank says decision to reduce interest rate has been taken due to uncertainty over impact of coronavirus pandemic

Pakistan’s central bank waives online banking charges to reduce need to visit ATMs, bank branches and promote social distancing

Market witnesses biggest drop since 1991 after Gulf kingdom slashes selling prices over Russia rejection of OPEC-proposed production cuts

Data shows inflation reduced to 12.4 percent last month as compared to decade-high of 14.56 in January

Pakistan’s prime minister also orders a ban on sugar exports as prices of commodity continue to soar in domestic market

Privatization minister says it hopes to sell off 33 state-owned entities within the current fiscal year

Part of ‘Engage Africa’ initiative, the conference aims at forging closer ties between Pakistan and the African continent

Data released by central bank shows massive drop in exports to India due to frosty relations

P.M. Khan assures business community PTI-led government is working to remove hurdles in their path

The project, launched under CPEC, could require up to 400,000 skilled workers in four years

Credit rating agency says outlook for 2020 is stable, but warns of considerable existing risks

Under China-Pakistan Free Trade Agreement, Islamabad can now export 1,047 products to Beijing with zero duties

Year-on-year, deficit shows a reduction of 73 percent, going from $1,166 million in 2018 to $319 million now

Automotive manufacturers body says all major companies have suffered massive losses to unit sales

Data released by Pakistan Bureau of Statistics shows 12.7 percent year-on-year rise, with bulk of it linked to higher prices of food

Investment rating agency says improvement driven by expectations that balance of payments will continue to improve

The country has a net positive current account balance for the fist time in four years, owing largely to cut in imports

Prime minister says Pakistan no longer has to pay the $1.2 billion penalty imposed on it for breach of contract