The way the US dollar is gaining value with a rapid speed, it appears that before the arrival of the IMF’s tranche of $1.17 billion, the greenback may hit Rs250 level.
Economy
ISLAMABAD: For the first time, the inflows of remittances in Pakistan exceeded $31 billion in a year. In the fiscal…
Rice said the disbursement will occur “pretty much straight away”, and confirmed that this will bring total disbursements from the IMF to Pakistan under the ongoing programme to $4.2 billion.
After initial euphoria at the reopening of the International Monetary Fund (IMF) programme subsided, the US dollar surged over the…
A few months ago, the crude oil prices touched $126/barrel level, the highest-ever, but later on prices starting falling gradually due to various reasons.
Following the announcement of an approximately Rs19 per litre cut in the price of gasoline, Prime Minister Shahbaz Sharif pledged…
The US House today passed its version of the National Defense Authorization Act, which sets policy for the Pentagon, by a majority vote of 329-101.
Finance Minister Miftah Ismail said that Pakistan was expecting $9 billion as budgetary/project loans and there would be a separate amount from the IMF as well.