Zardari indicted money laundering case

Zardari indicted money laundering case

Former president Asif Ali Zardari and his sister Faryal Talpur were indicted by an accountability court in a mega-money laundering case as the two pleaded not guilty. In addition to these two, the courts also

PSX snaps rally

PSX snaps rally

Pakistan Stock Exchange has been on a roller-coaster ride as it has become one of the best performing indices in the world ever since the Covid-19 disrupted the global economy; however that shine is losing

Pakistan posts current account surplus

Pakistan posts current account surplus

Pakistan posted a current account turned surplus for the second consecutive month in August 2020 led by an impressive growth in workers’ remittances and lower import payment, data released by the State Bank of Pakistan

IMF asks government to increase gas, electricity prices

IMF asks government to increase gas, electricity prices

The International Monetary Fund (IMF) has reportedly asked the government to increase gas and electricity prices in the country, a local media outlet reported on Thursday. The report claimed that the IMF has asked the

Remittances rise to $2.09bn in August

Remittances rise to $2.09bn in August

Workers’ remittances into the country continued on the positive trend as they clocked in above $2 billion in August for the third month in a row, data released by the State Bank of Pakistan showed

Remittances to decline, says Fitch

Remittances to decline, says Fitch

Remittances to Pakistan could decline in the ongoing quarter i.e. July to September despite the country reporting a record jump in flows during the month of June, Fitch Ratings said in a press release. “The

Exports down by 20 Percent

Exports down by 20 Percent

Adviser to Prime Minister on Commerce and Investment Abdul Razzak Dawood on Friday said the country’s exports during the month of August had declined by 20 per cent owing to the supply chain disruptions caused

Tax collection rises 2pc

Tax collection rises 2pc

The Federal Board of Revenue (FBR) on Monday released the revenue collection information of the first two months of the current financial year i.e July & August-2020. According to the released information, against the assigned

Asim Bajwa asked to clarify assets

Asim Bajwa asked to clarify assets

Senator Shibli Faraz, the federal government’s information minister on Tuesday said the CPEC Authority Chairman Asim Bajwa will share details around the recently released story on his ownership in million-dollar Papa John’s Pizza chain. Earlier

Pakistan debt level sustainable, says Finance Ministry

Pakistan debt level sustainable, says Finance Ministry

The Ministry of Finance late on Saturday said the country’s debt was not elevated and easily manageable given the country’s outlook for the next few years. “According to latest numbers released by the State Bank