The International Monetary Fund logo is seen during the IMF/World Bank spring meetings in Washington, US, April 21, 2017. — ReutersUnder SLA, Pakistan to secure $1.2bn, says IMF.Total funding under two arrangement to reach $3.3bn. Pakistan posts first…
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Bull run continues at PSX on IMF deal, current account surplus
Two investors can be seen discussing in front of the digital stock board at the Pakistan Stock Exchange. — AFP/File
The Pakistan Stock Exchange continued its bullish run on Tuesday, driven by investor optimism over Pakistan’s staff-level agreement with the…
Remittances, lower services imports boost country’s current account surplus
A foreign currency dealer counts US dollars at a shop in Karachi, on May 19, 2022. — AFP/FileCurrent account surplus reached $427 million in February.External account stabilised with adequate buffers, says govt adviser.Khurram Schehzad terms it key milestone for economic…
Cabinet approves 15% raise in EOBI pensions
An undated photo of the federal cabinet in Islamabad. — Radio Pakistan/File
In a sigh of relief for retired employees, the federal government approved a 15% increase in pensions under the Employees’ Old-Age Benefits Institution on Saturday.
Talking to journalists,…