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Business

Govt likely to launch $2bn bonds

ISLAMABAD – The government’s objective for the upcoming 2023-24 budget is to raise $2 billion by iss…
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Govt may amend law to bring in dollars

ISLAMABAD: The government is considering allowing people to bring in up to $100,000 from abroad wit…
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Withholding tax on cash withdrawals under consideration

ISLAMABAD - In response to suggestions from the Pakistan Business Council (PBC), the Federal Board o…
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Gold price in Pakistan declines for the third day in a row

KARACHI – Gold continued its losing streak on second consecutive day as per tola prices dropped by R…
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Rupee narrows gap with dollar as value recovers

KARACHI: In a surprising turn of events, the Pakistani rupee made significant gains against the US …
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Plan to raise $2b via Eurobonds

ISLAMABAD: The government is planning to raise $2 billion through floating Eurobonds in the next fi…
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Economist sees imminent default without IMF

KARACHI: Leading economist Dr Kaiser Bengali has said that Pakistan’s economy is in recession and t…
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Reckless govt spending pushes Pakistan closer to default

ISLAMABAD: On Wednesday, the government approved a staggering 66% increase in the discretionary bud…
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Deadlock over TAPI pipeline persists

ISLAMABAD: The multibillion-dollar Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline project …
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Budget caught between IMF expectations and election

KARACHI: The federal government will hope to find a balance between reforms to satisfy the Internat…
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