US Federal Reserve Chairman Kevin Warsh holds a press conference in Washington on October 28, 2026 following a two-day meeting of the Federal Open Market Committee. —ReutersFederal Reserve holds policy rate steady in 3.75%-4.00% range.Coming data expected to show price pressures are…
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PIA privatisation reflects govt’s seriousness to shrink commercial footprint: experts
A PIA plane pictured mid flight. — AFP/File
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Finance ministry denies reports of paying up to 8% interest on external loans
A currency trader counts Pakistani Rupee notes as he prepares an exchange of US dollars in Islamabad. — Reuters/FileAverage cost of external public debt around 4%: ministry.Ministry says total external debt, liabilities stand at $138bn.About 7% of external debt consists of commercial…