Articles by Khaleeq Kiani
ISLAMABAD: Pakistan raised $250 million equivalent through its inaugural Panda bond issuance in the Chinese capital market at an interest rate of 2.5 per cent, with a three-year maturity, according to...
• Gap shrinks to Rs856bn, or 0.7pc of GDP, during July-March• Provincial surpluses, higher PDL collections, lower debt servicing drive improvement• Revenue-to-GDP ratio falls; defence, pension, ...
ISLAMABAD: Kuwait agreed on Tuesday to “explore new opportunities” around building strategic storage in Pakistan’s petroleum sector, a statement by the Petroleum Division said, adding that the i...
• Petroleum minister says removing bottlenecks crucial to implementing long-delayed policy; terms local refineries ‘critical national assets’• Officials argue upgrades are in line with IMF’s...
ISLAMABAD: Foreign economic assistance (FEA) inflows to Pakistan surged by almost 20 per cent to $6.594bn in the first three quarters (July-March) of the current fiscal year, mainly on the back of pro...
ISLAMABAD: The government is considering reducing the income tax burden on salaried individuals while refraining from increasing salaries and pensions in the upcoming budget, aiming to provide equitab...
ISLAMABAD: The Ministry of Finance and the State Bank of Pakistan (SBP) on Thursday showed unanimous optimism over economic growth and achieving fiscal and current account targets despite the regional...
ISLAMABAD: Pakistan on Thursday rejected the two lowest evaluated LNG bids from BP Singapore and TotalEnergies, priced at $17.28 and $16.98 per million British thermal units (mmBtu), respectively, for...
ISLAMABAD: The government decided in principle to grant commercial banks significant powers to take over mortgaged houses in case of default after a cumulative notice period of 90 days, in a move aime...
ISLAMABAD: Electricity consumers across the country are expected to receive an unusual relief of Rs1.75 per unit over the next three months (June to August), due to Rs64 billion in savings mainly on a...
