25th January, 2013
Radical change needed due to leadership’s failure: UK diplomat
“Pakistan needs radical change. Pakistan’s economy is not growing fast enough, Pakistan’s govts – federal and provincial -- are not delivering enough to the people,” said Thomson.
12th July, 2012
Pakistan forex reserves fall to $14.909 billion
Foreign exchange reserves hit a record $18.31 billion in July 2011, boosted by a $191.9 million loan from the World Bank.
31st December, 2011
Musical chairs
By most accounts 2011 was yet another difficult year for Pakistan’s economy. Stalled reform, energy shortages, floods, political uncertainty and a dramatic rise in geopolitical tensions
8th August, 2011
Holistic policy for competing crops
WITH only a week to go to complete 64 years of independence, Pakistan has yet to develop a holistic agriculture policy. Two examples make the…
29th July, 2011
Hafeez for enhancing trade with international community
ISLAMABAD: Federal Minister for Finance, Dr. Abdul Hafeez Shaikh said on Thursday that trade volume with the rest of the world should be increased in…
27th July, 2011
Pakistani rupee hits record low of 86.58 due to oil payments
KARACHI: The Pakistani rupee fell to a record low on Wednesday on strong demand for the dollar for oil import payments, and dealers said they…
19th May, 2011
Policy package to arrest Pakistan decline proposed
NEW YORK: Preventing Pakistan from further deterioration will require a long-term commitment from the government of Pakistan and the United States and other international stakeholders…
11th May, 2011
What to expect in Pakistan's FY11/12 budget
KARACHI: Pakistan is due to announce its budget for the 2011/12 (July-June) fiscal year on May 28. The International Monetary Fund and Pakistan began talks…
11th March, 2011
Remittances increase by 43pc
KARACHI: The State Bank stated on Thursday that overseas Pakistani workers sent 43 per cent more remittances in February as compared to the same month…
5th March, 2011
Culture of ‘strikes’
THIS has not been a very productive week for Karachi. On Monday, citizens of the metropolis witnessed violence and a disruption in their normal routine…
4th March, 2011
Oil price hike cut by half
KARACHI: The government has decided to reduce by 50 per cent the increase in prices of petroleum products, federal Finance Minister Abdul Hafeez Shaikh announced…
28th January, 2011
Oil prices likely to increase by 13pc
ISLAMABAD: With the PPP-led government estimating about 13 per cent increase in petroleum prices on Jan 31, all other parliamentary parties on Thursday opposed passing…
15th December, 2010
Twenty accords to be signed with China
ISLAMABAD: China and Pakistan will sign 20 agreements and MoUs during the visit of Chinese Prime Minister Wen Jiabao. This was stated by China’s ambassador…
14th December, 2010
Pakistan remained insulated from Global Financial Crisis: SB
KARACHI: As 2010 draws to a close, reverberations of Global Financial Crisis (GFC) which started in 2007 continue to be felt in various parts of…