Tag: #Economy
House Passes Debt Limit Bill in Bipartisan Vote to Avert Default
The House on Wednesday overwhelmingly passed legislation negotiated by President Biden and Speaker Kevin McCarthy to suspend the debt ceiling and set ...Govt provides huge relief to masses: POL prices decreased
The government on Wednesday reduced fuel prices by Rs5 to 8 per litre for the next fortnight in line with the global ...Plan B ready if no IMF deal, Pasha declares
Minister of State for Finance Ayesha Ghous Pasha termed statement of IMF mission chief Nahtan Porter as unusual who discussed domestic political ...German economy in recession after GDP falls: Statistics Office
BERLIN: Germany has gone into recession after high prices pushed the country’s economy into recession, per GDP figures for the first quarter. ...Pakistan’s Financing to be determined after the ninth review, IMF Chief
ISLAMABAD: The International Monetary Fund (IMF) has said the 9th review of the $1.2 billion bailout program for Pakistan will be completed ...Yuan overtakes US dollar, becomes most-used currency in cross-border transactions
SHANGHAI: Chinese Yuan becomes the most-used currency in cross-border transactions leaving behind the US dollar, according to official data. According to a ...Impact on Pakistan’s economy upon importing Russian oil
Pakistan is set to receive its first consignment of blended oil from Russia soon, which will partially meet its energy demands. Pakistan ...FBR reveals over 390 officers have not declared annual assets
ISLAMABAD: Federal Board of Revenue (FBR) headquarters released a list of names of officers from the Inland Revenue and Customs Service, who ...Economy is the “most serious” challenge facing the country: Shazia Marri
ISLAMABAD (Press Release, April 14): The economy is the “most serious challenge” faced by the country, said Federal Minister for Poverty Alleviation ...PIA issues statement on Non-payment of salaries
After news broke that Pakistan International Airlines (PIA) failed to pay the salaries of employees, a representative issued a statement to deny ...