A person counts dollar notes in this illustrative image taken on May 30, 2022. — Reuters$209.5m received under RSF as first IMF installment.Govt fails to launch any int’l bond during first half of FY 2025-26.Largest portion, $600m received from Saudi Arabia in as oil facility.
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US president mentions ‘massive’ Pakistan oil deal but no finds confirmed

A representational image of a site of MOL Pakistan Oil and Gas Company field station. — MOL Pakistan’s website/FilePakistan imports more than 80% of its oil, a drain on state coffers.No reliable proof of untapped oil reserves in Pakistan, say experts. Some small oil…
Govt to replace Passco with Rs350bn wheat firm to tackle debt

Labourers can be seen transferring the wheat sacks in Islamabad. —Online/FileWSMC registered with SECP, structure finalised.Long-term financing to be raised under guarantees.Reform targets storage inefficiencies, fiscal pressures.
ISLAMABAD: The government plans to…
Stocks continue bull run with IMF staff-level deal lifting investor sentiment

A broker is seen speaking to someone on phone at the Pakistan Stock Exchange in Karachi on Thursday, October 17, 2024. — PPIKSE-100 Index gains 210.36 points.PSX hits intraday high of 167,561.69.Equity market closes at 165,686.38 points.




