Tag: Business News
PM Shehbaz Sharif hopes current IMF programme to be last
The Prime Minister (PM) Shehbaz Sharif urged all national institutions to work together to free Pakistan from loans on Monday, calling the current International...
Saudi Arabia extends extra 1 mbpd oil output cut to August
Oil prices increased as Saudi Arabia announced on Monday that it would extend its voluntary one million barrel per day (bpd) oil output cut...
FM Bilawal, Japanese counterpart agree to deepen bilateral relations
Pakistan and Japan decided to expand their current level of bilateral cooperation in a number of areas, including business, investment, and information technology. Bilawal Japanese...
Govt hikes Petroleum Levy by Rs 5 per litre
In order to comply with an IMF requirement for the bailout package, the federal government increased the Petroleum Development Levy (PDL) on petroleum products...
Pakistan and IMF reach $3bn staff-level agreement
Pakistan and the International Monetary Fund (IMF) have agreed to a staff-level stand-by arrangement worth $3 billion, the lender announced. The South Asian country,...
Pak-Japan hold bilateral political consultations to strengthen ties
Dr. Asad Majeed Khan, the foreign secretary of Pakistan, and Shigeo Yamada, his counterpart from Japan, held bilateral political consultations on a number of...