Category Archives: Market

Pakistan Imported Wheat Worth $0.9 Billion Last Year

The federal government spent $902 million ($0.9 billion) last year on import of wheat to meet the country’s demand.Sources in the Commerce Ministry have revealed that the government has imported 2.4 million tonnes of wheat worth $902 million during the...

IMF Board Set to Meet on August 29 for Approval of $1.17 Billion Tranche

The International Monetary Fund (IMF) Executive Board meeting for the combined seventh and eighth review under the Extended Fund Facility (EFF) has been set for August 29.The Washington-based lender’s resident representative in Islamabad, Esther Perez ...

Minister Directs Early Approval of Energy Policy for Gilgit-Baltistan

Federal Minister for Planning and Development Ahsan Iqbal has directed the Power Division that the energy policy for Gilgit-Baltistan (GB) should be approved at the earliest.During a meeting to review the progress of the China-Pakistan Economic Corrido...

Analysts, economists hail govt’s business friendly policies

Analysts and economists have hailed the government's business friendly policies and the steps to woo foreign investment.Speaking in a program of News and Current Affairs Channel of Radio Pakistan, Economist Tahir Dhindsa said the IMF bailout package wi...

Finance Minister Chairs First Meeting of Spectrum Auction Advisory Committee

The auction advisory committee Wednesday unanimously decided to go for auction of 2100 megahertz (MHz) band in 5, 5 megahertz MHz bandwidth for 10 years using the current consultant’s report at net present value. Federal Minister for Finance and Revenue

‘Train operation affected due to monsoon spell during last three weeks across country’

Chief Executive Officer (CEO), Pakistan Railways Farrukh Taumur Ghilzai says train operation has been affected due to monsoon spell during last three weeks across the country. In a video message, he said that rail track was also affected due

Gilgit Baltistan CM urges young people to start e-businesses

Gilgit Baltistan government has started implementation on self-employment scheme, asking the youth to submit applications for a loan up to three million rupees for this purpose.In a statement on Friday, Gilgit Baltistan Chief Minister Khalid Khurshid u...

Federal cabinet reviews overall political, economic situation

A meeting of federal cabinet chaired by Prime Minister Shehbaz Sharif was held in Islamabad on Friday. It reviewed overall political and economic situation of the country.Source: Radio Pakistan