Saturday, December 14, 2019

Pakistan’s reliance on Chinese funding to grow: Fitch

KARACHI: The government’s reliance on China will only grow in the coming years as private sector investment continues to decline in the country despite...

Policy lending to resume after IMF bailout finalised: ADB

ISLAMABAD: The Asian Development Bank (ADB) would restore policy lending to Pakistan on the finalisation of a bailout package from the International Monetary Fund...

British Airways to resume flights to Pakistan after 10 years

ISLAMABAD: The British Airways on Tuesday announced to resume flight operations to Pakistan after as many as 10 years. The announcement was made by...

Hopeful rupee will stabilise as money flows in: SBP governor

LAHORE: State Bank of Pakistan governor Tariq Bajwa on Sunday expressed hope that the slide in the rupee will be stemmed once money flows...

Overseas Pakistanis remit $9.02b in the first 5 months of FY19

KARACHI: Overseas Pakistani workers remitted US$9028.60million in the first five months (July to November) of FY19, showing a growth of 12.56% compared with US$8021.18million...

Reforms for progress

TARIQ KHOSA THE current mood in Pakistan reflects a fractured society. Will our political leadership remain mired in confrontation? Are we reaping the harvest of...

Finance Minister says no economic crisis in the country

ISLAMABAD: Finance Minister Asad Umar on Tuesday rejected the notion that the country is facing an economic crisis, saying the "financing gap for the...

Pakistan likely to pay back IMF before Chinese debt

KARACHI: Pakistan is likely to pay off an International Monetary Fund bailout before its loans from China come due, easing concerns that IMF funds...

Banks issued guidelines to tighten cyber security

KARACHI: In the aftermath of a local bank reporting a loss of Rs2.6 million last month, the State Bank of Pakistan (SBP) issued a...

NAB’s task

Tasneem Noorani UNTIL two years ago, NAB was under fire for being an ineffective, compromised organisation. Now, the pendulum has swung the other way: all...

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