Pakistan is currently facing significant economic challenges, including a crippled economy, depleting foreign reserves, and a balance of payment crisis. However, the recent decision to enter into barter trade agreements
The House on Wednesday overwhelmingly passed legislation negotiated by President Biden and Speaker Kevin McCarthy to suspend the debt ceiling and set federal spending limits, as a broad bipartisan coalition
The government on Wednesday reduced fuel prices by Rs5 to 8 per litre for the next fortnight in line with the global market trend. In a video address, Finance Minister
Minister of State for Finance Ayesha Ghous Pasha termed statement of IMF mission chief Nahtan Porter as unusual who discussed domestic political issues Pasha said that the International Monetary Fund
BERLIN: Germany has gone into recession after high prices pushed the country's economy into recession, per GDP figures for the first quarter. According to the data released by Germany's federal
ISLAMABAD: The International Monetary Fund (IMF) has said the 9th review of the $1.2 billion bailout program for Pakistan will be completed once necessary financing is in place and an
SHANGHAI: Chinese Yuan becomes the most-used currency in cross-border transactions leaving behind the US dollar, according to official data. According to a Reuters report, in March, the Chinese yuan became
Pakistan is set to receive its first consignment of blended oil from Russia soon, which will partially meet its energy demands. Pakistan lacks the technology to refine crude oil into
ISLAMABAD: Federal Board of Revenue (FBR) headquarters released a list of names of officers from the Inland Revenue and Customs Service, who failed to declare assets. Notices have been issued
ISLAMABAD (Press Release, April 14): The economy is the "most serious challenge" faced by the country, said Federal Minister for Poverty Alleviation & Social Safety (PA&SS), Chairperson Benazir Income Support